My 1 Million Row Challenge

Saturday, March 26, 2011

A New Saving Challenge

Well the year has finally caught up to me. I have hit total exhaustion and caught the crud that is going around. So Not much has been getting done this week. I feel that I have lost ground on the house. My big accomplishment of the week was getting the change jar to the bank to deposit all the loose change hanging around the house.

This is where the challenge comes in. Most people do not realize how much spare change is laying around the house with a penny here, a nickle there and a few dollars of change in the couch. So here is the goal for everyone this week. gather up all the change you can find just laying around the house. Next bring it to your bank or credit union and deposit all the money you found in your savings account. Now leave this money in the bank or credit union and don't spend it. After all you were just letting it do nothing anyway.  Do this every few months and in a few decades all your found money will give you a nice treat. This is a great plan for getting rich very slowly. Maybe a little faster if the interest rates ever pick up again.

The only prize you will get is knowing that you house is a little less cluttered  and a small boost to your savings account. If you do not have a savings account check with your local credit union. They usually have lower minimum deposits and pay slightly more than most banks.

Well I have run out of energy so it is time to go be a couch potato for the rest of the weekend so I can have the energy to keep up with Eric next week while he is on spring break. Have a great weekend and enjoy your families.