Tuesday, December 10, 2013

2014 Money Saving Challenge

As 2013 will soon be coming to an end, I am already looking ahead to a new year and new goals, particularly in the area of our finances. Here are my goals for 2014:

~ Save $25 from each paycheck (mine & DH's) @ 6x/mo. = $1,800/year

~ Save $25/month (minimum) in Christmas Club = $300/year

~ Pay off our two credit cards totaling $2,482.99

~ Track all spending

~ Reduce monthly utilities amount
   * reduce water usage
   * set thermostat lower in winter/higher in summer
   * keep sun room door closed
   * unplug cell chargers, etc. when not in use
   * shut down computer every night
   * new weather-stripping around doors
   * change filters monthly for central heat/air
   * buy compact fluorescent bulbs

~ Trim grocery budget to $500/month ($125/week for family of 5 plus pets)
   * shop sales paired with coupons
   * no fast food
   * meal plan each week
   * bake goodies for snacks
   * cook from scratch as much as I can
   * easy meals for days I work
   * plant a small container garden in the spring
   * add to stockpile a little each week

~ Shop throughout the year for gifts
   * give handmade gifts

~ Shop secondhand shops for most of our clothing
   * shop sales for new items needed
   * accept hand-me-down clothing in good condition

~ Look for free entertainment for family outings and fun
   * community events
   * zoo membership
   * beach days in warmer months
   * free museum days
   * walks on nature trails
   * state and city parks
   * visit the library for books, movies, video games
   * movies/tv shows via Netflix
   * play pool (we have a pool table)
   * board games
   * throw darts (need to buy an inexpensive dartboard to replace     our broken one)
   * visit with friends and family

I'm sure there is much more I could do, but this is all I could think of at the moment! Feel free to leave your ideas & suggestions in the comments. 

I look forward to hearing from you!

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