Home  Finance Articles  Discussion  Our Blog / Member Blogs           
SavingAdvice.com Logo Inexpensive Lawyer
How to reduce costs when you need a lawyer
Teaching you to Save Money

Go Back   Personal Finance Forums > Financial Chit Chat > Personal Finance Blogs

Personal Finance Blogs This area is to talk about anything related to the Saving Advice Personal Finance Blogs / Journals.

Reply
 
LinkBack Thread Tools
  #21 (permalink)  
Old 01-04-2007, 10:55 AM
Ima saver's Avatar
Ima saver Ima saver is offline
$ Saving College Dept. Head
 
Join Date: Dec 2005
Location: North Georgia
Posts: 8,236
Last Blog Entry: Christmas wrapping
Points: 94874.40
Donate
Default Re: 2007 $20 Challenge Information

I agee with you. I only count savings on the few purchases I always make. I only spend about $30 a week on groceries and usually buy the same things every week. I try to shop certain stores that give a wednesday discount and I count that too.
Reply With Quote
  #22 (permalink)  
Old 01-04-2007, 11:56 AM
Aleta Aleta is offline
$ Saving College Senior
 
Join Date: Aug 2006
Posts: 1,758
Last Blog Entry: Thank you for voting
Points: 9523.60
Donate
Default Re: 2007 $20 Challenge Information

I totally agree with you lrjohson. A buy 1 get one free can be a little deceiving because you have to pay the regular price for the one and I have seen the price higher on just the one. It's hard to see what you would calculate. I would say that if you didn't substract the coupon money out before to save it - that would be a new way with the challenge. Money sitting in drawers, pockets, etc doesn't earn anything.

My first $20 came from going around the house and finding money I had put to the side. I also had coupon money. I also collect pennies and roll them. It is making me more aware to what I'm doing with my money and how much I lose to complacency.
Reply With Quote
  #23 (permalink)  
Old 01-04-2007, 07:26 PM
kristinecfp kristinecfp is offline
$ Saving HS Freshman
 
Join Date: Jan 2006
Posts: 127
Last Blog Entry: It's Not ALL Bad News...
Points: 2242.40
Donate
Default Re: 2007 $20 Challenge Information

I've been wanting to join the $20 challenge for a while now. This thread has given me a better understanding of the challenge and the motivation to get started. Can't wait to see what happens!
Reply With Quote
  #24 (permalink)  
Old 01-04-2007, 08:01 PM
PRICEPLUS's Avatar
PRICEPLUS PRICEPLUS is offline
$ Saving College Senior
 
Join Date: Nov 2004
Location: New York State of Mind
Posts: 1,904
Last Blog Entry: Barnes and Noble Mad Money
Points: 201256.98
Donate
Default Re: 2007 $20 Challenge Information

Well here is to a successful year for everyone. I jusst added $1.87 in change I found under my Lazy Boy! Into the 20 dollar challenge it goes!
Reply With Quote
  #25 (permalink)  
Old 01-05-2007, 08:17 AM
vsjhoc vsjhoc is offline
$ Saving College Sophomore
 
Join Date: Feb 2006
Location: Capital of the Free World
Posts: 821
Points: 9187.70
Donate
Default Re: 2007 $20 Challenge Information

I'm going to pass on doing the Challenge, but I've got one idea to share. Please excuse me if someone already came up with this one.

When you fill up your car with gas, let it stop automatically (you're not supposed to top it off anymore, which I totally don't understand but it has something to do with Al Gore ). Round off the amount of your bill to the next highest dollar and put that money in your savings. Kind of like the "keep the change" account at everyone's favorite bank.

Good luck to all!
Reply With Quote
  #26 (permalink)  
Old 01-05-2007, 09:12 AM
Aleta Aleta is offline
$ Saving College Senior
 
Join Date: Aug 2006
Posts: 1,758
Last Blog Entry: Thank you for voting
Points: 9523.60
Donate
Default Re: 2007 $20 Challenge Information

Oh, you're too funny! I have laughed so much today on many of the comments. It must mean that it's THank God It's Friday day. Could have something to do with it. Al Gore, that's just too funny!
Reply With Quote
  #27 (permalink)  
Old 01-05-2007, 01:35 PM
Duchesse Duchesse is offline
$ Saving HS Senior
 
Join Date: Feb 2006
Posts: 263
Points: 3756.80
Donate
Default Re: 2007 $20 Challenge Information

I'm in and I just stopped smoking. I'll have beaucoup cash at the end of the year! Lord give I strength.
Reply With Quote
  #28 (permalink)  
Old 01-06-2007, 02:53 PM
Ima saver's Avatar
Ima saver Ima saver is offline
$ Saving College Dept. Head
 
Join Date: Dec 2005
Location: North Georgia
Posts: 8,236
Last Blog Entry: Christmas wrapping
Points: 94874.40
Donate
Default Re: 2007 $20 Challenge Information

Wow, that is a great way to save money. Take the money you would have spent everyday and put it in your challenge money.
Reply With Quote
  #29 (permalink)  
Old 01-06-2007, 03:10 PM
AutumnxButterfly's Avatar
AutumnxButterfly AutumnxButterfly is offline
$ Saving Third Grader
 
Join Date: Jan 2007
Posts: 16
Last Blog Entry: Nervous :/
Points: 256.80
Donate
Default Re: 2007 $20 Challenge Information

I am in too I don't really have an extra $20 right now so I may have to work around that. LOL We sold a crib today that we were not using for $75. I guess I can start there I am going to put all the extra money I make and save into a savings account.
Reply With Quote
  #30 (permalink)  
Old 01-07-2007, 09:57 AM
sparkysgirl sparkysgirl is offline
$ Saving HS Freshman
 
Join Date: Dec 2004
Posts: 140
Last Blog Entry: Keeping motivated.
Points: 3283.00
Donate
Default Re: 2007 $20 Challenge Information

I started my blog. I used my first 20 on ebay items and a paying mystery shop
Reply With Quote
  #31 (permalink)  
Old 01-10-2007, 11:10 PM
jmerinka7 jmerinka7 is offline
$ Saving Fourth Grader
 
Join Date: Jul 2006
Location: Brooklyn, NY
Posts: 20
Points: 165.00
Donate
Default Re: 2007 $20 Challenge Information

$20.00 is a very small amount for the goal. One of my trip to Walmart: $ 9.95 rebate for Glade trio. $1.00 Tidy cat coupon. $3.00 Glade coupon. $1.00 Lysol coupon. Total is$14.95.
Using Discover card to received cash bonus. I regrate this January: no special 5% return for the tuitions. Last year I received $120.00 from Discover after the college payment. Save the volum products is not a good chance in a small appartment. Using a premium gas at the fist available gas station Friday or Monday is not a savings also.
I realy need some more effective idea for savings.
Reply With Quote
  #32 (permalink)  
Old 01-11-2007, 11:21 AM
gackle's Avatar
gackle gackle is offline
$ Saving HS Junior
 
Join Date: Sep 2006
Location: Too far from College Station, TX
Posts: 231
Points: 2719.80
Donate
Default Re: 2007 $20 Challenge Information

Quote:
Originally Posted by jeffrey
Basically it is a challenge of taking $20 to begin and using it to try and create money in some way that you haven't done in the past. The goal is to get you thinking about different ways that you can earn and save money that you aren't currently doing.
Okay, I'm confused. From what I read on jeffrey's original post it seems like this should rather be called the "$20 investment challenge". Just a simple example, I think the challenge is about taking $20, buying lemonade mix, cups, and a pitcher and getting out on the street selling lemonade to make a return on your money. Now say you make a $5 profit, you now have $25 to see what you can do with to invest. It seems like people are just finding new ways to save money with this (at which point I don't understand where the $20 part of this comes in). Am I wrong?
Reply With Quote
  #33 (permalink)  
Old 01-11-2007, 11:38 AM
Broken Arrow Broken Arrow is offline
Foot in mouth diseased
 
Join Date: May 2006
Posts: 4,265
Last Blog Entry: My turn
Points: 22505.40
Donate
Default Re: 2007 $20 Challenge Information

I think that's the most classical interpretation of it, and it's one that I am following as well... which is why I haven't "made" a single penny YET.

However, I believe Jeffrey has also specified that we can make our own rules to go along with it.
Reply With Quote
  #34 (permalink)  
Old 01-11-2007, 05:01 PM
gackle's Avatar
gackle gackle is offline
$ Saving HS Junior
 
Join Date: Sep 2006
Location: Too far from College Station, TX
Posts: 231
Points: 2719.80
Donate
Default Re: 2007 $20 Challenge Information

Hmmm....how many red paper clips can I buy with $20?
This sounds very intriguing and I may have to take a shot at this.
Reply With Quote
  #35 (permalink)  
Old 01-11-2007, 05:14 PM
AutumnxButterfly's Avatar
AutumnxButterfly AutumnxButterfly is offline
$ Saving Third Grader
 
Join Date: Jan 2007
Posts: 16
Last Blog Entry: Nervous :/
Points: 256.80
Donate
Default Re: 2007 $20 Challenge Information

Wow that is crazy! Makes me want to see how far I can trade up
Reply With Quote
  #36 (permalink)  
Old 01-11-2007, 05:14 PM
tinapbeana's Avatar
tinapbeana tinapbeana is offline
$ Saving College Senior
 
Join Date: Oct 2006
Location: Upstate SC
Posts: 1,519
Last Blog Entry: My Life is Officially Surreal
Points: 12666.33
Donate
Default Re: 2007 $20 Challenge Information

gackle, i read that story and had thought of the same thing!

actually, i was wondering how many folks i could get to double a penny over the course of a year. you know 2 -> 4 -> 8 -> 16... so on... would probably have to make it an advertising venture of sorts and have businesses participate, but would be interesting to try...
Reply With Quote
  #37 (permalink)  
Old 01-11-2007, 05:59 PM
lrjohnson lrjohnson is offline
$ Saving College Sophomore
 
Join Date: Jan 2005
Location: Northern CA
Posts: 943
Last Blog Entry: Splurge Complete
Points: 11502.20
Donate
Default Re: 2007 $20 Challenge Information

Quote:
Originally Posted by gackle
It seems like people are just finding new ways to save money with this (at which point I don't understand where the $20 part of this comes in). Am I wrong?
I'm with you-I see the Challenge in it's more classic Jeff incarnation, than the allowed modified versions. Sometimes people aren't even coming up with new ways to save, just doing the same savings as before. I'd love to see people really do new things to increase savings. I'm not in for 2007, because my 2006 Challenge runs though the ned of February. I'm really thinking about ways to be creative and classic, if I do the 2007 Challenge. And that's an if...I haven't thought of anything good so far!
Reply With Quote
  #38 (permalink)  
Old 01-11-2007, 07:54 PM
threebeansalad threebeansalad is offline
$ Saving HS Sophomore
 
Join Date: Jun 2006
Location: USA
Posts: 182
Last Blog Entry: How to Eat Free on Election Day
Points: 1747.30
Donate
Default Re: 2007 $20 Challenge Information

Quote:
I'm with you-I see the Challenge in it's more classic Jeff incarnation, than the allowed modified versions. Sometimes people aren't even coming up with new ways to save, just doing the same savings as before. I'd love to see people really do new things to increase savings. I'm not in for 2007, because my 2006 Challenge runs though the ned of February. I'm really thinking about ways to be creative and classic, if I do the 2007 Challenge. And that's an if...I haven't thought of anything good so far!
Good point LR. As a relative newbie, I got a little confused by all this,too. It is more interesting to find new ways to make money. I'm going to revise my challenge to reflect this.
Reply With Quote
  #39 (permalink)  
Old 01-11-2007, 08:01 PM
tinapbeana's Avatar
tinapbeana tinapbeana is offline
$ Saving College Senior
 
Join Date: Oct 2006
Location: Upstate SC
Posts: 1,519
Last Blog Entry: My Life is Officially Surreal
Points: 12666.33
Donate
Default Re: 2007 $20 Challenge Information

something i've been wondering, and may or may not put into my challenge, is the concept of selling trash. not in a bag, but in some sort of useable form. a company called TerraCycle http://www.terracycle.net/index.htm even packages it's products in recycled soda bottles.

see, in argentina i bought some small glass ashtrays. they're too small to use, but i bought them b/c they were made from trash: the bottoms were from glass bottles and the artisan made the cigaratte rests out of bent 5 centavo pieces (about the size of a penny). i though they were ingenious, and still do.

thinking about the challenge got me thinking about those ashtrays, which got me wondering what i could do with some of my recycleables that could make me some money... hmmmm... perhaps i need to go rummage...
Reply With Quote
  #40 (permalink)  
Old 01-12-2007, 09:42 AM
Aleta Aleta is offline
$ Saving College Senior
 
Join Date: Aug 2006
Posts: 1,758
Last Blog Entry: Thank you for voting
Points: 9523.60
Donate
Default Re: 2007 $20 Challenge Information

Maybe you could sell them. There's always collectors out there and people wanting to save our resources.
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
2006 $20 Challenge Information jeffrey Personal Finance Blogs 34 03-25-2007 11:08 AM
Savings Information JoyJoy Investing & Banking 2 08-24-2006 10:39 AM
How much financial information do you use? robby Personal Finance 3 01-05-2006 01:18 PM
Information on Intrade.com robby Personal Finance 1 09-30-2005 07:27 AM
giving information on the web sarah General Discussion 2 09-14-2004 09:19 PM


All times are GMT -7. The time now is 08:11 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.
More Links Debt Consolidation Loans | Finance Options

About Us | Advertising | Privacy Policy | Link To Us | Resources | Webmasters | Media | Jobs | Site Map | Contact Us

Copyright ©2002-2009 SavingAdvice.com. All rights reserved.

Please read our Disclaimer

 

Other Resources
Bad Credit Loans
Private Student Loans
Payday Loans
Student Loans
Online Shopping
Dell Coupons
Credit Card Processing
Back to School
Apply Now for Personal Loans
Credit Score
Payday Loan
IVA
Free Credit Report
uk health insurance online
CD Interest Rates
IVA Advice

Partners
Debt Reduction
Blogging Away Debt
Budget Stretcher
DivaTribe
Thrifty Fun
Money Talk
Online Personal Budgeting
Budget Dial