Money Challenges?

[james.hendrickson]

Hi Guys,

Money challenges are super popular - especially around new years.

I was wondering if you guys had ever taken one, and if it was effective in helping you save?

[Jluke]

I do the 52-week challenge - twice a month.

[GoodSteward]

I always mean to start one...every year. I keep thinking this year I'll save way ahead for Christmas or birthdays But then I look at by budget and feel that breaking it down into many small amounts all year long reduces my cash flow more than I care. So instead, I just wait until I get closer to the event in question(a month or two) and start making several larger allotments into that category. Not sure which is better to do, but I hate payments due to my financial history (shared before) so anything that reduces my cash flow on a regular basis I do NOT like. lol

[scfr]

I did the Saving Advice $20 challenge many years ago. I started a small garden. I lost money.