This is a link to the twenty-second in an ongoing series billed as 30 Day Challenge to save $1,000 by Ramit Sethi at IWillTeachYouToBeRich.com, his blog on personal finance (banking, saving, budgeting, and investing) and personal entrepreneurship. His series outlines the various ways we can keep money in our pockets.
It’s easy to get caught up in the details of any goal, so let’s step back and try to evaluate how we’re doing.
It’s worth looking at his example of some of his efforts following the tips in the Challenge. And he’s right when he urges reading the comments to his tips — they provide a lot of additional insight and experience to the issues. As always, you must use your own mind in determining what comments are appropriate and helpful for you and your circumstances.
For the rest of the post click here.
For previous tips: Tip #1: Pack lunches for the rest of the week, Tip #2: Turn your thermostat down 3 degrees, Tip #3: Sell something on eBay today, Tip #4: Involve your friends in your savings challenge, Tip #5: Optimize your cellphone bill, Tip #6: Use gas prices to become your own hedge fund, Tip #7: Create a “No Spending” day once a week, Tip #8: Implement the A La Carte Method, Tip #9: Only buy new things when replacing something old, Tip #10: Use the free rewards from your credit card, car insurance, and workplace, Tip #11: Never pay full retail price for clothes (or eyeglasses) again, Tip #12: How I’m saving $2,000 on eating out in 2009, Tip #13: How to negotiate your car insurance, Tip #14: Use self-persuasion to share how much you’ve saved so far, Tip #15: Forget going to a bar — ask people over for dinner, Tip #16: Cancel any large purchases this month, Tip #17: Buy generic for the stuff you don’t care about, Tip #18: No Christmas gifts this year, Tip #19: Save Money, Eat Well, and Look Hot in Less Than an Hour, Tip #20: Change the date of Christmas, Tip #21: Save thousands by pre-paying your debt