Go SAVE-2018 Challenge

March 01 ‐ 31

Go SAVE-2018 Challenge

Category: Mind, Spirit

Category: financial wellness
Rules: check in each time that you avoid a regular expense (examples below); no maximum of daily check-ins
Duration: one month
Completion credit: 20 check-ins = automatically entered into a drawing for a chance to win a prize; All registrants receive a piggy bank.

Financial wellness, or getting a grip on finances, is important to overall health and wellness. Countless studies have shown a direct correlation between stress and finances. By employing active and sensible financial management strategies, you can realize a greater sense of empowerment, enthusiasm, and satisfaction with life while avoiding some of the immense physical and emotional tolls caused by chronic financial stress.

However, when it comes to your views and behaviors around money, there are few quick fixes. As such, we need to engage in the bigger picture to ensure that we are prepared for factors that will impact our long-term financial health. There are activities we can perform regularly β€” daily saving, for instance β€” that will pay dividends down the road. There are also more periodic activities like budgeting, maintaining an awareness of investments, and actively planning for retirement that greatly enhance our financial health.

This challenge aims to inspire you to make healthy choices in regards to your finances by changing small habits to save money that would have been spent otherwise. Examples include:

  • skipping that morning latte can save as much as $5 per day
  • walking or biking to work can prevent that weekly $40 gas tank fill up
  • maintaining a garden can provide you with $25 in fresh produce each week
  • packing a lunch for work instead of eating out can save as much $50 a week

Be sure to share your money-saving activities in the comments section!

Comments



  1. I just saved myself the $65 I would have spent on a facial by seeing this challenge today. πŸ™‚

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    • Wow! That’s alot of money to save. Glad this challenge is helping you be more conscientious!!

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  2. I got on the bus instead of taking a Lyft even though my umbrella was turning inside out walking to the stop!

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    • nice job!

  3. Waited for weeks for the “gift with purchase” offer at the cosmetics counter in order to get “free” makeup! This always saves me money later–not to mention makes me look better. As my father-in-law was fond of saying, “It’s my face I don’t mind it, I’m the guy behind it. It’s the fellow out front I’m worried for.”

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    • love the quote!

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  4. Great challenge!

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  5. I’m finding this challenge tougher than exercise. Bought my breakfast and lunch today. Bought a belt that wasn’t even on sale! Can I blame daylight savings?

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    • It’s certainly a tough one. I find making small changes have made a difference, like ordering a smaller size coffee or making my lunch the night before so I can just grab it in the morning.

  6. I have been making my lunch for the last 2 weeks and have saved at least $15-$20 a day. I also cleaned up my office coffee pot and making my own fresh brewed coffee saving me $2.12 each morning!

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    • Awesome Blythe! Hope you’re putting all that extra money into your new GoUSF piggy bank(let me know if you need one).

  7. How much have you saved this month and how?

  8. This challenge has helped me think twice about “how” and “where” I’m spending my money! I’ve stopped to think “do I really need that?” It’s been great!

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    • Awesome, Gina!