Thursday, October 4, 2007

The "Reduce A Bill" Challenge

Thanks to the inspiration of Working For Financial Freedom and Being Frugal, I am joining their challenge for October. Originally inspired by Being Frugal's ability to lower her grocery bill through determined coupon use and organization, Working For Financial Freedom has created the "Reduce A Bill" Challenge. The idea is to focus on one bill or budget area to lower. Working For Financial Freedom is going to line dry her laundry for the month of October.

While reading through some of the comments, I found a response from Heather who is going to do 10 No Spend days for the month. These are days where you spend absolutely no money. This sounds right up my alley since I find that there is always a dollar here or there that ends up getting spent. Even on my best day I tend to forget about paying for parking somewhere.

If you're interested in participating, check out either site and record your goal in the comment section. Don't forget to think about what you are going to use that money you have saved for. Personally, I'm working on that $1,000 emergency fund.


Heather said...

Hi Mary! :) This really is exciting isn't it lol.

I think that we will do great with the no spend days too, every little bit helps:)

I can't wait to see our progress!

Mom of 3 said...

Welcome to the challenge! I'm excited to see how much we can all save this month.
(my husband on the other hand, is a little skeptical about all the laundry I have hanging up drying)

Making Cents of Debt said...

Heather - Thanks again for the great idea! I'm off to a rocky start, but am kicking it into gear with a bit of planning. I hope you're having a bit more luck.

Mom of 3 - Thanks again for such a great idea. Good luck with the laundry. I am in awe!