The Saving Advice Forums - A classic personal finance community.

SavingAdvice.com Daily Saving Challenge!

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • SavingAdvice.com Daily Saving Challenge!

    We're launching this FREE service on August First - make sure that you are signed up now!!

    Welcome to the SavingAdvice.com Daily Saving Challenge.

    There is a misconception today that people are wealthy because they make a lot of money. The truth is that most people who become wealthy do so because they spend less money than they make. The obvious next step then is to learn to spend less.

    This suggestion immediately shuts down the ears of most people. "If I have to spend less money, it means that I won't be able to do any of the things that I like to do" or something along those lines starts reverberating inside their heads. They don't like where they currently are financially, but they hate the idea of having to make major sacrifices even more. So instead of listening to the money saving advice, they continue on with their daily life living from paycheck to paycheck.

    The truth is that if you approach savings money like most people do today, you will have to make large sacrifices. Most people don't try to save until they have reached a point where they need to save a lot in a short period of time. When that point has been reached, major sacrifices have to be made.

    The result is they gather up as much information as they can on saving money and try to implement everything all at once. It becomes a combination of information overload and having to make a drastic lifestyle change in a short period of time. This almost always ends in failure.

    There is a different approach that is not often utilized. When it comes to learning the art of saving, it is far better to take baby steps with each step building on the previous one. It is often only small changes that need to be made that can result in saving thousands of dollars a year. When using this approach you don't even notice you're making lifestyle changes since each step is small and only one step is taken each day. It is with this in mind that SavingAdvice.com has developed the Daily Savings Challenge.

    The Daily Savings Challenge system is set up so that you receive a challenge in your email box each morning. The vast majority of the challenges will only take a few minutes. Simply look at the saving challenge each morning and do your best to complete it.

    If you do your best to complete the challenges in this year long course, you will not only have saved yourself thousands of dollars during the year, but you will have laid down the foundation that will continue to reap you those thousands of dollars in savings in the years to come. What do you have to lose (besides some of your current debt)?

    We are currently in pre launch preparation. If you have any questions about this, feel free to leave them here and we'll answer them asap.

  • #2
    Re: SavingAdvice.com Daily Saving Challenge!

    Is this going to be just a fancy worded "saving tip of the day" email?

    Comment


    • #3
      Re: SavingAdvice.com Daily Saving Challenge!

      No, it will not. We already have a money saving tip section on the site plus the random money saving tip on every page, so there is really no need to send out a daily saving tip.

      This will be much more in depth. It will focus on how to go about saving money...the actually step(s) you need to take, how long it will take, how much it will cost (if anything) and how much you can expect to save.

      My vision is that it will be more like having a personal savings coach to wake up each morning to. "okay, today we are going to save money by doing such and such...it is going to take xx minutes. These are the things you have to do. Once you finished, you will have save xx amount." it will almost be like a mini article each day with step by step instructions.

      All the challenges have been broken down so they should only take a few minutes a day to complete. We are taking the little bit each day will add up to a whole lot at the end of a year approach. This way the users can ease into the money saving habits so slowly that they won't even notice the changes taking place, but they certainly will be day by day.

      We also want to make it as enjoyable as possible. If the challenges enjoyable, then the user will never retain the knowlege and use it. That would just be a waste of your time and mine (in writing this entire course).

      Give a try and see if it is right for you. If you don't like it, you can unsubscribe with a simple check of the box at any time.

      I hope I answered your question. If not, let me know and I'll try again.

      Comment


      • #4
        Re: SavingAdvice.com Daily Saving Challenge!

        Will this challenge be based on money saving ideas that are new and original or the same ideas you can find everywhere?

        Comment


        • #5
          Re: SavingAdvice.com Daily Saving Challenge!

          I think that the Challenge will be worthwhile to anyone who signs up whether they are already a hard core savers or just starting out.

          Will all the tasks be tasks that you never heard about before? I think I would be hard pressed to come up with 356 saving ideas that nobody has ever heard about before. That being said, some certainly will be new to most of you.

          My guess is that quite a few of the ideas you have already heard about in the past will be ones that you have never gotten around to putting into effect, thus making them relevant even if you have heard them before. That is one of the strong points of the challenge program - it spells out exactly what to do and shows you how to do it in a few minutes.

          For those of you who already have taken to saving money, the daily challenges will be good reminders and affirmations on the excellent job you are already doing.

          For those just starting out, it is a great way to ensure success with saving money at a pace that anyone can achieve.

          My biggest hope is that those of you who have already been saving see the value in the course and pass it along to all your friends that you know should be saving money, but aren't for whatever reason. That, of course, will have to wait until you try it yourself for a few weeks and can make a judgement whether or not that value is there.

          Comment


          • #6
            Re: SavingAdvice.com Daily Saving Challenge!

            I am going to give it a whirl!!! I will be on vacation next week so will have to probably save some moola then.

            Comment


            • #7
              Re: SavingAdvice.com Daily Saving Challenge!

              Theresa,

              It's a pleasure having you along for the ride and I hope that you find the program enjoyable and educational.

              Comment


              • #8
                Re: SavingAdvice.com Daily Saving Challenge!

                I'm in - out of curiosity, really.

                Comment


                • #9
                  Re: SavingAdvice.com Daily Saving Challenge!

                  Jen,

                  Good to see you along for the ride, too. Give it a week or two and you'll know if the program is right for you. If it is, you have a new tool for cutting expenses and if it doesn't, you can simply unsubscribe. Of course, I'm hoping that it is right for you

                  Comment


                  • #10
                    Re: SavingAdvice.com Daily Saving Challenge!

                    When do the emails start?

                    Comment


                    • #11
                      Re: SavingAdvice.com Daily Saving Challenge!

                      The first one went out very early this morning. You should have received it if you were signed up. If you didn't, double check to sure that your are signed up again. Next, if the box is checked, make sure that the Daily Challenge didn't end up in your junk mail folder. If neither of those two are the case, please leave a message here or email us and Nate will try and figure out what happened.

                      Comment


                      • #12
                        Re: SavingAdvice.com Daily Saving Challenge!

                        I got mine- thanks

                        I had already filled out my paypal thingy and mailed it in a few days ago.... I'm so glad you are getting this info out to people.

                        --D

                        Comment


                        • #13
                          Re: SavingAdvice.com Daily Saving Challenge!

                          Glad to hear that it arrived safely and you were already ahead in the saving game. Give yourself a pat on the back

                          Comment


                          • #14
                            Re: SavingAdvice.com Daily Saving Challenge!

                            I did receive the second email, but not the first one.

                            Comment


                            • #15
                              Re: SavingAdvice.com Daily Saving Challenge!

                              Sara,

                              I'm not sure why that happened. The challenges are set up on a daily basis and are not dependant on the days before. I did this with the assumption that new people would be joining all the time. The first one was merely how to file for the PayPal refund in the lawsuit. If future letters do not arrive, please let me know and I will have Nate try and figure out what is going on.

                              Comment

                              Working...
                              X