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My $20 Challange

May 29th, 2007 at 06:05 pm

I just registered and have been reading posts about the $20 Challenge and thought I'd start one also. I know, I'm about 6 months behind those who started in January, but that's ok - saving is saving, right?! Smile

Some ideas of mine are:
-spare change and $1 bills
-stuff sold at garage sales and on craiglist.
-using the clothes rack instead of dryer
-not buying something that I really want
-any extra money that comes my way!

I'm not looking to save up Thousands of dollars, since we already pinch our pennies just to get by - already make lunches, no Starbucks, use coupons, etc.

Any ideas that you use for the $20 Challenge would be appreciated!
Thanks for reading!

Challenge Total - $20!

5 Responses to “My $20 Challange”

  1. tinapbeana Says:

    Nice to have you join us, Jennifer!

    My $20 challenge is within the spirit, though not quite the letter, of the contest. I get an allowance every month of $400 and save all my ones and change when I spend my pocket money. This winds up saving me an average of $100 every month (WOW!). Even just the change would have resulted with $1200 for a year... Personally, I used this money to start a side business that's now bringing in some extra money each month.

  2. Jenniflower Says:

    All that change sure adds up! Wow - that's amazing $100 just in change every month! Smile
    So, I'm curious...what's your side business?
    I ask because I have 2 businesses - one does very well, and the other I've just started, so haven't brought in anything yet.
    Owning your own business is very rewarding, I think. Smile

  3. tinapbeana Says:

    I have a web hosting company that just opened its 'doors', so to speak. I also create websites and business cards, although those services so far have been more for local customers until now. I'm hoping to expand, but at a manageable pace!

    Since I use my allowance for small purchases (lunch, coffee, etc.) rather than big $50+ stuff, the extra really does add up. I was completely surprised the first month I counted it up!

  4. JanH Says:

    Welcome! Looking forward to hearing more from you!

  5. Ima saver Says:

    I save my change, do surveys, pay myself $1 for every mile I walk, save the money when I use coupons, etc.

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