Monday, January 24, 2011

Saving Quarter Challenge Week 3

Saved Quarter Challenge: Savings Update.
Last week I was able to reduce our grocery budget by $18.00 so this will go into the savings account.

This week I was attempting to cut back by hiding a $20.00 in my wallet. If needed for groceries it is there but by having to dig it out makes me think twice whether I really need to buy what ever caught my attention.

Balance in savings $163.00 for emergency fund.
We sold a couple of books this week. That will be used to buy ink for the printer. We went to a few thrift stores over the weekend and found some books to put up for sale on eBay and Amazon. Hubby put two of them up for auction on eBay and one already has a bid.

How did your week go with savings?

I need to keep in front of me this thought .. cut back $20.00 a week, save it and after 52 weeks I will have over $1,000.

I am sharing this over at Saved Quarter Challenge

Thanks for stopping by.. lets keep saving together.. and please remember
Never under estimate the value of a small amount of money.. Grace


  1. Great work, Grace! It is really motivating to think that $20 a week will turn into $1000 at the end of the year!

  2. if i did this I would have enough for our Disney trip!! I so need to do this :)

  3. Definitely, that $20 (which feels like very little) turns into $1,000 (which feels like real money!) in such a short time.

    Maybe the $20 in your wallet should be stored in a little envelope that says, "Do I REALLY need this?" :)

  4. I like the "Do I REALLY need this?" envelope idea!

    I agree that it's great motivation to know that $20 will eventually be $1000! Keep up the good work!

  5. Great idea. I try to really stretch days between shopping. It forces the kids to get creative for snacking. It also helps them to eat up older stuff they would snub if I brought home new stuff from the store.