Savings Challenge!!!


Inspired by a status I saw on Facebook regarding saving $0.50 a day, I decided to embark upon this savings journey myself and posted a status challenging my Facebook Friends to do it also!

Our initial goal was for the month of February. From the date of my status post on Facebook until the end of the month we were to save $0.50 a day and I would post more details about the challenge here at EffortlessBeauty.

Well, here it is!

The principle of saving and the art of doing so is unknown to some;  forgotten by many, or may seem unattainable to few.

 Do you have a just because jar?

How about a future goal? (Whether it be short-term or long-term.)

A just in case of an emergency stash?

Well, one of my goals is to travel more! Fifty cents a day isn’t much but it’s a start!

How many of us have pennies just laying around the house?

Fifty pennies = Fifty cents!!!

It doesn’t have to be just quarters!!! Change is change, money is money, and it will all spend the same!!!

Benjamin Franklin advised us, “Beware of little expenses. A small leak will sink a great ship.”

Well if little expenses or a small leak can sink a great ship, just think of what saving $0.50 a day can do towards your goal.

Yeah….

One way to accomplish this is to start saving!!!

Consciously saving!!! On purpose!!!

Making the effort to physically put the $0.50 into your

designated savings container each day. 

Not only will it help build discipline in this area but it will also keep you in remembrance of your goal.

Here’s the plan!

Whether it’s a jar, piggy bank, shoebox, etc., find something to start collecting your change in.

I found the cutest piggy bank at the Dollar Tree Store.

image

Once you have obtained your saving’s container, start TODAY putting away $0.50 a day.

February has passed and March is almost over, but if we start now we can be ready for April!

At the end of each month, you can either (a.) deposit the funds into your savings account or (b.) keep them in your savings container and deposit them at a later date…say 3-6 months later or later than that if you choose.Whatever the case, SAVE, don’t spend it unless you have reached your desired goal and it’s time to use it for that goal in particular.

Disclaimer:  For those of us who haven’t consciously saved in a while it will take some time and effort but YOU/WE CAN DO IT!!!

 Send me your picture and  a description of your goal to ebty14@gmail.com .

As we begin to save and accomplish our goals I will blog about our success!!

Sound like fun?!  LET’S GO!!!

Don’t forget to subscribe below!!!

Until Next Time,

Bridget

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