Have you ever gone a day without spending ANY money? Financial expert, Suze Orman, challenged her fans to go an entire day without spending a dime, and now we’d like to challenge you too!
Her three step challenge went like this:
Go an entire day without spending ANY money Go a week without using credit cards Go a month without eating at restaurants
Is this challenge unimaginable or just hard to hear? Check out how to achieve each step of the challenge below:
Step 1: Go an entire day without spending ANY money – Instead of buying coffee in the morning, getting a midday snack out of a vending machine and going out for lunch; opt to bring your own coffee and food from home. It will not only likely be healthier, but it will save you time throughout your work day. Think about how great it’ll be to have some extra cash in your pocket at the end of the week!
Step 2: Go a week without using credit cards – Not using a credit card means not spending money you don’t have, avoiding additional interest payments and dodging impulse spending. Did you ever think that if you waited to buy an item, you may not even want it anymore? Your credit card statement will be much easier to look at if you follow this step.
Step 3: Go a month without eating at restaurants – This one may be the hardest step to follow, but your financial situation will benefit the most from it. It will teach you to price grocery store items, eat healthier and appreciate time at home. By following this step, you’ll save an unprecedented amount of money!
At AccuQuote, we hope you’ll follow Suze Orman’s challenge. And, if you’re in the market for term life insurance, we hope you’ll trust us to help you find affordable life insurance that fits your family’s budget. Remember, we compare life insurance rates among the best life insurance companies.
For more, read 9 Small Financial Steps That Will Pay Off Big in the Future.