5 Dollar Money Challenge

Hello my fellow savers! I wanted to share with you the money challenge I’m challenging myself to this year, it’s the 5 dollar money challenge!

The rules are simple, anytime you have $5 in your wallet take it out and place it in a money jar! Keep on placing $5 in the jar until its full. When you are done with the challenge enjoy the fruits of your labour 🙂

The last time I did this challenge I was able to save over $500 and use the money saved as spending money for my trip.

TIPS:

• Wherever possible, use cash so you have the opportunity to get some $5 bills as change back
• Ask specifically for $5 as change
• Challenge yourself to have at least $10 a week in $5 bills saved. (Yes, this is a challenge within a challenge to keep you motivated)!
• Keep your money jar out of sight to reduce temptation of spending your money
• Use a money jar that is aseptically pleasing to your eye to trick your subconscious into wanting to save $5
• DON’T TOUCH THE MONEY YOU HAVE SAVED UNTIL THE END OF THE YEAR!

Be sure to follow my Instagram account @simplyeseeri for updates on how I’m doing with the challenge!

xo,

Eseeri