12 Month Save the Change Challenge | Debt Freedom

Are ready to get out of debt and start saving money?

Over the next 12 months, I’ll be sharing the results of my Save the Change Challenge. I’ll share the details so if you want to take the challenge with me you can. 

(Scroll to the bottom for my Monthly Totals)

Before you begin, you should know that I’m completely debt free except for my mortgage.

I paid off all of my consumer debt while at home full-time and while our household only had one income.  Between taking surveys, couponing, and my husband’s income, we were able to pay off over $30,000 in debt. 

I want to help you get there too.

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This challenge is going to get you one step closer to being debt free and achieving your savings goals.

This challenge will break savings down into one small task that anyone can do.

At the beginning of each month I will share a post highlighting how much I was able to save the previous month.

You can do the same by posting your results on your blog and leaving a link in the comment section of my result post, or you can just stop be each month to check out everyone else’s progress.

Here’s how the save the change challenge works.

Each time you shop and receive change in the form of coins place it in a piggy bank. So every time you spend dollar bills and get back change, don’t use it. Put it in your piggy bank.

This saving method works best when you pay with cash. I loosely follow the Total Money Make Over and use cash to pay for things as often as I can. 

I’ve been adding extra funds to my savings account using this method for the last 5 years.

In addition to tabulating the change left over from purchases, I’ll also add found change to my piggy bank total as well.

Check Out My Monthly Totals:
March
April
May
June
July
August
September
October
November
Have you set any financial goals this year?

10 Comments

  1. I paid off the majority of my purchaser obligation while at home full-time keeping in mind our family unit just had one wage. Between taking overviews, couponing, and my significant other's wage, we could pay off over $30,000 under water.

  2. That is really amazing!! Good for you. I can not WAIT to follow this series to see how you do it and learn how to make the changes myself. It will be a challenge for me for sure.

    • I'm looking forward to seeing where I end up this month. So far, so good. I'll post my results soon. You should follow along and see how you like it.

  3. I am truly excited about this challenge I can't wait for more emails and tips Please please please help a sister out lol Be blessed!#

    • I'm excited too!! I've already started adding change to my piggy bank, but I need to designate the money to a goal. I'm thinking my husbands birthday or Christmas. What will you use your savings for?

Let's continue to conversation in the comment section.