Sunday, January 16, 2011
Ive jumped in kinda late but I am going to join into Penny Savers at The Saved Quarter. She is hosting a challenge in which to save our money. She encourages to save a quarter of our income if any way possible. Head on over there and check it out!
My financial goal for 2011 is to save $3,500. Yes thats a whopping quarter of our income. Its only hubby working here and obviously he dont make alot! But when I plan to save that $3,500 I plan on putting it onto our debt!
So...My ways to save include the following:
1-Save all change that we just come home and dump in a jar and use for soda...instead cut the soda and save the change
2-NO MORE DUNKIN DONUTS! Now I havent had dunkin donuts iced latte in 17 days...IM ON A ROLL! Since I have been doing so good...I just plan to cut it out all together! I dont need that crap anyways!
3-Learn to make some money at home! If anyone out there has some ideas that they would like to share...pls do!
4.Find ways to cut our spending. I will be keeping track of where every penny goes to see what can be cut down and what cant.
5. Make a budget! Start a budget so we know where our money is going and how to save it.
I wont be trying to save a certain amount each month but saving what I can each month. $3,500 may not sound like alot but it is alot for us to save. We are a family of 7 with a one small income coming in...so it does make things hard on us!
WISH ME LUCK!