Save $160 in a month with the bowl-grab money challenge

Hey all! Here’s an easy way to save a little money this month – the bowl-grab money challenge.

Here’s how it works:

  1. Grab 30 slips of paper and write either $1, $5 or $10 on each. (If you do it equally, that’ll be 10 slips for each number.)

  2. Place the slips in a bowl.

  3. Each day, pull out a slip from the bowl.

  4. Save the amount on the slip.

If you do this for all 30 days, you’ll have an extra $160 at the end of the challenge. Of course, you can change the dollar amount you write on the slips to save more or less.

One Month Bowl Grab Money Challenge

I like this challenge for setting aside some extra money each month for investing and fun money (e.g. $100 goes towards investing and $60 is for fun). Then I can focus the rest of my efforts on everyday expenses and paying down debt.

2 Likes

Hey Will,
Thanks for the creative idea, I might try it, it might work, will have to start this in Feb.

2 Likes

Sounds great, @redcatcec! If you do end up taking the challenge, let us know how it turns out!