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Hi everyone,

We’re in the second week of the New Year. How is everyone feeling so far? How are those financial goals coming along? 

We have a lot going on in the community this week. Here’s what you need to know: 

A few Penny Hoarders organized a no-spend challenge for the month of January. After a busy holiday period, January is a great month to reset. If you’re looking for a way to conserve your money this month, you’ll want to check out this thread. 

If the no-spend challenge isn’t for you or if you’d like to explore another fun challenge to get your finances in order, we have some Penny Hoarders who are working their way through this 7-Day Savings Challenge. If you want to get ahead with your money, these seven steps outlines strategies to do so — and even better, the steps can be implemented over the course of a week. If you decide to take this on, we’d love to support you! Let us know how you’re faring here in the community.

We’d love your thoughts on these threads:

A new community member asked for tips in addressing her student loan debt. For those of you who have paid off large amounts of debt, what advice can you share? 

Earning extra income is a goal for many of us. This Penny Hoarder is looking to generate more income to help support their parents. Does anyone have recommendations for the best ways to increase your monthly income?

Finally, got credit card debt? Join us next week for a live Dear Penny Q&A about credit card debt with The Penny Hoarder’s Sr. Editor Robin Hartill

We’re so excited to kick off our very first live Q&A on Monday. For this Q&A, we’ll be talking to The Penny Hoarder’s Senior Editor and voice behind the personal finance advice column Dear Penny, Robin Hartill. You’ll have the chance to have a direct conversation with Robin aka Dear Penny. The live forum will be available exclusively to community members from Monday, January 13 at 12 p.m. until Friday, January 17, 2020 at 12 p.m. ET. We’ll publish an announcement with the link to the Dear Penny forum on Monday. Hope to see you all there! 

And, if you’d like some weekend reading… 

We know a number of you are probably feeling excited and ready to get your money in order. But here’s the thing: It’s super easy to give up on budgets. We published 7 things to do before you start a budget over on The Penny Hoarder. Hope this helps you get started! 



Original Post

An “attitude of gratitude” helps me with financial challenges (and others). I’m grateful that I have a kitchen in which to cook; I’m grateful for the physical ability to prepare meals and clean my kitchen; I’m grateful for a convenient grocery store with reasonable prices; I’m grateful for the ability to take a walk after dinner. When I concentrate on gratitude for my many blessings, I don’t feel a “need” to buy needless items. By the way, I had started my own 30-day challenge before I saw this community of people doing the same. I’m grateful for the company.

I  absolutely ditto what Arkasawriter said! And another aspect is when I let go of things that no longer bring me joy. Or share the pot of soup I made with my neighbor who is battling cancer.  Each time I free myself of unnecessary stuff, or share my bounty with others, I get a huge rush of gratitude. 

Looking forward to a great year of guidance from Penny Hoarder and its members!

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