Someone asked me about the $20 challenge, so I will explain the best I can.
About 4 years ago, savingadvice started a $20 challenge.
You start out with $20 and see how you can add to that. You do it anyway that you want. Some use the $20 to buy materials to make things to sell.
I save money by using coupons and my store cards. At the end of the receipt, it tells you how much you have saved that shopping trip.
I take that actual cash and put it into a cash box.
Some people sell on e bay, others have garage sales and add the money.
I save all my change and turn it in once a month. I save all unexpected checks, rebates, chase reward money, stock dividend checks, odd job checks, survey checks, etc.
I also put away a dollar when the stock market goes up; I save all $5 bills I get in change.
Any unexpected money that comes in, other than my husband's paycheck, gets added to the $20 challenge.
When I started getting social security I added that to my $20 challege cause it was money I was not use to receiving. I have never spent a penny of that money yet.
I also pay myself $2 every day that I do not use any gasoline.
We went out for a very nice dinner with the customer that we are building a house for. We both had chicken marsala which is one of my favorite dishes.
I had a no use gas day yesterday and have a 5 dollar bill from change, so $7 will go to the challenge today.
Prev. total $5204.00
today 7.00
new total $5211.00
$20 challenge
March 28th, 2010 at 08:52 pm
March 30th, 2010 at 01:06 am 1269907612
March 30th, 2010 at 02:03 pm 1269954222