The daily latte.
The weekly mani.
The monthly shoe splurge.
Whatever you indulgence is, it’s adding up! I never realized how much I was spending on coffee until my husband and I sat and actually added it up this month.
Care to guess?
Nope, not $50. Not $100. Not even $150.
I am spending $200 a month… ON COFFEE!!!!! Doing the math was a total eye opener. I thought my quick stop to the Starbucks drive-thru was innocuous because it’s just a few bucks at a time. But when I figured out my yearly spending I almost spit out my coffee! $200 a month is $2400 A YEAR. That’s a lot of beans!
One of my resolutions is to stop spending so much- and find new ways to save.
Sure, a visit to Starbucks every once in a while is fine. But not everyday.
Today I bought myself a Ninja Coffee Maker and vowed to do something smart with all the extra cash I am going to have. Me and Starbucks and breaking up… for a better cause!
Saving can be hard, especially with a mortgage, bills, kids, and a life! But when we really look at where our money goes (seriously–I knew I was spending a lot on my daily caffeine fix but I had NO IDEA just how bad it was!) we can easily find pockets of cash we can funnel away into an emergency fund. Or a vacation fund. Or a fund to do something awesome with like pay off your home early, get out of credit card debt, pay cash for next Christmas or just splurge on something way cooler than coffee.
So here we go… I am committing to 2700 in 2017! Will you commit with me?? Here is how it works!
Every week we will put away a certain dollar amount into a savings account. We start off small and then increase by $2 every week. By the time we get to THIS WEEK NEXT YEAR… we will have saved $2700!!
If you and your spouse do this with BOTH your paychecks you will save $5400. What you save each week you will barely miss– it will be under $100 up until there last 2 weeks of the year. Everyone can find room in their budget to do this.
Ready?? Here is what you will save each week…
See how easy it will be? Starting next week you’ll put away $2 in an account.
Then $4 the following week. $6 the week after that. See where I am going with this?
I can’t wait to get started. I am going to make a weekly reminder in my phone and also in my planner so I never forget.
Are you going to take the 2700 in 2017 challenge too?? Comment below if you’re with me!
Check back in January for more fun challenges and ways to get organized in the coming year!