{"id":1712,"date":"2014-10-01T00:15:16","date_gmt":"2014-10-01T08:15:16","guid":{"rendered":"http:\/\/www.cultofmoney.com\/?p=1712"},"modified":"2014-09-30T07:53:04","modified_gmt":"2014-09-30T15:53:04","slug":"how-to-create-your-own-money-saving-challenge","status":"publish","type":"post","link":"https:\/\/www.cultofmoney.com\/how-to-create-your-own-money-saving-challenge\/","title":{"rendered":"How to Create Your Own Money Saving Challenge"},"content":{"rendered":"

\"money<\/a>October must be the month of money saving challenges!<\/p>\n

I\u2019ve seen multiple savings challenges among bloggers and have even had random companies tweet me asking me to join their challenges. And you know me, I like challenges!<\/p>\n

But instead of partaking in someone else\u2019s challenge this month I\u2019ve ultimately decided to create my own. After all nobody knows my budget like I do.<\/a><\/p>\n

Do Money Saving Challenges Work?<\/h2>\n

Money saving challenges can often work. Especially if you\u2019re following a long with a group of like-minded people. The others in your group can motivate you to keep pushing on even when you don\u2019t feel like it. It\u2019s true \u2013 there\u2019s power in numbers.<\/p>\n

There\u2019s just one little problem<\/em>: you\u2019re the only one who knows what you need to work on. When you join a money saving challenge created by someone else you can feel left out at times. The creator wants you to work on lowering your grocery budget but you\u2019ve got that under control! Or maybe the objective is to lower your cable and phone bills but you don\u2019t have cable and are pretty sure you\u2019re already paying rock bottom price for phone service.<\/p>\n

So what do you do?<\/p>\n

Create Your Own or Follow Along?<\/h2>\n

If you want to take a specific money saving challenge created by a company or a blogger, first check out the contents. Sign up and figure out what sections of your budget you\u2019ll be working on.<\/p>\n

If it doesn\u2019t sound like a good fit then create your own challenge.<\/p>\n

Here\u2019s how.<\/p>\n

Set a Deadline<\/h2>\n

First set your deadline. How long will your challenge be? It shouldn\u2019t be too short or it won\u2019t be a challenge. It also shouldn\u2019t be too long or it won\u2019t be accomplishable.<\/p>\n

Anywhere from 15-30 days is a pretty good timeline.<\/p>\n

Choose the Itinerary<\/h2>\n

Make a long list of everything you need to do and arrange those items in the order that makes the most sense.<\/p>\n

Plan out your entire challenge with specific, measurable tasks that you need to do each day.<\/p>\n

For instance your plan might look like this:<\/p>\n