Sharing a daily life lesson, tip, or hack; the things that make life easier, happier, and more productive. I hope you’ll follow along and find them helpful too.
Save $5 A Day
Who doesn’t love a sale?? We used to say that you could mark a price UP – add a ‘sale’ sign and my mom wouldn’t even notice. She loved the ‘idea’ of getting a bargain yet often spent money she didn’t have on things she didn’t need just because ‘they were on sale’. Today…. I am suggesting that you make an effort to save FIVE dollars as you move through the day – spending what you would ordinarily spend. This isn’t a suggestion to buy something you don’t want or need for the mere fact it would save you money ‘in the long run’.
Why $5? It’s a relatively small amount that adds up quickly and over just a little time – it’s big money. In fact, it totals $35 a week and over the course of a year – with consistency – it amounts to $1800 !! What would you do with that much money? A trip to Europe? (I checked this morning and a RT ticket to Barcelona, Spain from Newark, NJ in October is only $396) What about a cruise? Perhaps you’re thinking something more practical… pay off a credit card… buy a new fridge… new carpet perhaps? How about a Christmas fund? Potentially better… how about putting that money in a savings account for emergencies or a longer term savings goal?
Many of us spend five dollars without blinking an eye. We drive through Starbucks and spend more than that on a Venti Latte or at Dunkin Donuts where at least we can get a couple of glazed to go with the coffee. If you are buying lunch every day (instead of grabbing leftovers from your home fridge), you’re spending $7 or more dollars – and perhaps throwing away those dinner remnants. With gas prices at the $3/gal mark, we might be spending five bucks just by driving without considering the most efficient route. Is there a toll road you can bypass? What about using coupons? Extreme savers buy two newspapers to double up on the coupon opportunities but we can print them from our computers too.
If you can’t save $5 – try making it. Use yard sale sites on Facebook or apps like LetGo to sell something that you no longer use. With the snap of a photo, you can transfer ownership of clothes, household goods, tools, etc… very easily. Whether you use this method or focus on saving, you’ll be amazed at how quickly to begin to accumulate funds. Financial security fosters well-being… money in savings reduces anxiety… life satisfaction increases when you stopped to consider how you can …
Save $5 A Day.
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