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August $100 Challenge

July 30th, 2016 at 06:10 pm

Now that we're only days away from turning our calendars to August, what a great way to think about saving some money in a new month! Now as July ends you've probably spent a majority of the month enjoying the sun and nice weather, and although you can still do the same thing in August.

I bet you want to get on track with any goals you may still have. They say based on happiness levels that we're mostly happy from June to August, and that setting a goal in any of these months is much more smarter then setting a goal in January when u most likely will fail it by mid to end January or even early February.

So why not do the August $100 Challenge? How it works is very simple. August has 31 days (in case you didn't know that LOL) so if you save just $3.25 a day for all 31 days you will net $100.75 on August 31st! Although $100 won't break the bank, it is a good way to start stashing away some money mostly with the fact that before you know it, Christmas will be here so saving money now is still going to count! Or maybe you want to save some money to go towards your Labor Day weekend camping? or money towards school? Or just getting into the habit of saving then doing this challenge will be a good start to any saving goals you may have!

So what are some tips to saving $3.25 a day for 31 days?
1) Put an item back on the shelf when your shopping for your weekly food (odds are there's something in your cart that you really DON'T need)
2) Skip the daily coffee and make your coffee from home! This will easily save you $3.25 a day or close to it!
3) Drink water instead of the daily sodas, not only will this save you money but it's healthier for your body too!
4) Avoid ATM fees, some machines can charge you up to $3 just to withdraw your own money! My laundry machine charges me $0.85 fee if I use my credit card to load my laundry card! (Skip these fees by using your own bank to withdraw your money)

Whatever you may do it's very easy to save $3.25 a day in order to have a nice $100 by the end of August! Good luck and try this challenge out starting Monday (August 1st, 2016!) GOOD LUCK!