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joesbaby 2006 $20 challenge

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  • joesbaby 2006 $20 challenge

    ok..i am very impressed by how everyone is saving. so i thought i might try to see what i can come up with.

    first i want to tell you a bit of background on me. i am 32, almost 33 and i am married to joe (hence the name joesbaby) and i have 4 children, 3 of whom live at home with us. our oldest dd is 19. she has 2 children, an angel here on earth named trenton, and an angel in heaven namend kailey.

    my husband is disabled and we are trying to get that worked out. he has black outs and seizures and moodswings. i work 14 hours a week at my part time job, i also get child support for my oldest child at home. my other 2 children, the fathers are behind over $7000 on both together. (not whineing, just explaining)

    anyway, i have a change jar at home i use to save all my extra change. that is my starting point. i dont have a clue yet how much is in it, altho, i turned it in for xmas gifts in dec. so its all been gotten since just befor xmas. that way i do know its all 2006 money.

    here is how i plan to do my challlenge...i will keep on adding to my change jar and making periodic notes of what i have in there. that way i can keep track of it too.

    another way i plan to add to my money is by selling things we dont need anymore. i will either sell it on ebay, in the paper or durring a rummage sale i plan to have this summer.

    i dont think ill be able to save the money i save at the grocery store, as i use coupons and usually save about 50 or so a time. i also use food stamps so that money is just kept for food, not able to be used for anything else.

    i plan to save all unexpected money, like rebates, gifts, found money, ect. i also plan to put aprox 20 or so a pay check into my jar, as i do get advanced earned income credit.

    hopefuly i have explained that well enough. i will post later my starting amount.

    thanks
    ericka

  • #2
    Re: joesbaby 2006 $20 challenge

    Well, good luck Joe'sbaby. sounds like you have it pretty tough right now, I hope things will get better in 2006!

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    • #3
      Re: joesbaby 2006 $20 challenge

      ok today is my offical first post on this. today i counted my change in my jar. i had 26.22 in the jar. thats my begining. i figure ill count the change every week..adn keep the last week total on a little scrap of paper in the jar, that way i can see the diffrence in the 2 weeks. i also plan every 2 weeks, on my payday, ill add a little more money. even 10% of my check would be about $20 or so. i usually get the money for that in coin, thta way im not as likely to spend it all.

      begining total: $26.22

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      • #4
        Re: joesbaby 2006 $20 challenge

        now how the heck did that happen? how am i joeswife on one computer and on my other comoputer im joesbaby??? ok..to keep this simple..ill stay joes baby. thats who i am other places too. i didnt even realize i was someone else..must have been when i was on moms computer. that is my only idea. sorry for any confusion.

        ericka

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        • #5
          Re: joesbaby 2006 $20 challenge

          Well good luck, Joesbaby or joeswife!!

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          • #6
            Re: joesbaby 2006 $20 challenge

            ok..i need a way to seperate my change thru the week befor i add it to my change jar. i have a 5gal water cooler jug, that i keep my change in, but to keep track of it, is hard because i have to pour it all out, and then count it all. sooo what im thinking of doing is keeping a small jar on my night stand for my daily change and then i can count it out on one night and keep track that way. i did get paid yesterday, and i got about $40 in eic payments. so i want to add some of that to my jar. i havent figured out how much yet. and i havnet counted my jar for this week. so its not a huge update today. im trying to get things figured out.

            my mom has an ebay account and im putting things on there for her, so i may put a couple things on there for me to. i just have to get it all figured out. i have a few old cell phones and clothes and things that i can get rid of.

            begining total: $26.22
            amount added: $0

            total amount : $26.22

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            • #7
              Re: joesbaby 2006 $20 challenge

              Joesbaby (and joeswife)

              I need you to start a journal...once you do, I will transfer all your old entries into your new blog...we are now featuring the $20 challenges on the front page so there should be a lot more people viewing them from the blogs. Thanks

              Jeffrey

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