It’s another week in the 52 week challenge! How are you doing so far? Are you keeping up with putting the money in your jar or bank each week? If you need help with weekly reminders, then sign up for our 52 week challenge newsletter!
This week you are depositing $8 in your money jar. Or if you’re doing the challenge in reverse, then $45. Or if you’re making up your own challenge, then be sure to deposit that money!
Open up a free savings account with Capital One. This is a great way to put your money into a separate account and don’t touch it! Open your FREE account HERE!
52 Week Money Challenge – Week 8
Here’s this week’s savings tip:
While many people don’t have cable now because they can’t afford it or don’t get around to watching TV that often, you can also save a ton of money by turning yours off. Of course, you should only do this if you are not on a contract.
What will you do for keeping up with your favorite shows if you cut the cable off? There are many options available now for this. You should keep your wireless internet to enjoy them, but they are much cheaper options than cable or satellite TV. (be sure to read below on a link on how you can stream movies/tv for free)
Netflix: For $7.95 a month, you can stream hundreds of TV shows, movies and documentaries. There is a ton of children’s TV shows available as well. Each person in your home gets their own “profile” that starts to customize for each member of the household based on what they watch. Netflix even offers a free trial month. We use this in our home and it is on all ipads, tablets, laptops, game systems, etc. I LOVE Nextflix. This weekend I spent a lot of time catching up on old episodes of Law & Order/SVU. I also heard that House Of Cards ( a popular show?) is now available on Netflix as well! If you want more information, head over here to get more info and start your free trial for a month.
Hulu: Similar to Netflix, Hulu offers hundreds of TV shows and movies for streaming for around the same price as Netflix. The only drawbacks to Hulu is it is not available on as many devices and it has a lot of foreign TV shows. If that is your thing, though, it might be perfect to you. One bonus it has over Netflix is it has current seasons of many TV shows available, instead of being one season behind, although they are sometimes slow to load onto the program and can take a couple weeks after the episode premiers on TV.
Amazon Prime is a yearly service that allows you to stream TV shows and movies. For $89.95 a year (the cost of some cable packages per month!), you have access to new releases and thousands of other TV shows and Movies. You also get free 2 day shipping for many items on Amazon. Amazon Prime can be split between 5 people, so you could really save a lot buy teaming up with others to pay for it. However, if you are a student you can get a prime membership for 50% off. Also they run specials on Amazon Prime memberships all the time. You can get a free trial of Amazon Prime now, so head over and check out all the benefits of having an Amazon Prime membership!
If you don’t want to stream entertainment, there is always the public library. Most larger and even some smaller libraries offer movies and TV shows available for free checkout.
Join me next week for another 52 Week Money Challenge Tip. If you’re looking for more tips on how to cut the cord, then be sure to read my post on other ways to save on your cable bill. Ready to cut the cable, then I have a solution on how you can watch movies online for free and cut the cord!
Did you miss a week of the 52 Week of Saving Tips? You can find them HERE!
It’s not too late to join the 52 Week Money Challenge.
Why should You join the 52 week money savings challenge?
Most families are on the constant look out for ways to save more money. This challenge is easy and doesn’t require you to do a lot each week. It starts out with just saving a $1 on the first week. Or, if you’re doing the challenge in reverse, then $52 bucks.
It’s an easy way to save money and it does work if you apply just a little self-discipline and you are determined to save money. And having a goal is a good way reach your saving objective. Below are a few saving goal:
- You can use the money you saved to pay for your Christmas at the end of the year.
- Go on a vacation
- Jump-start a college fund
- Pay off debt
- Buy a car
- This could be your first time actually saving money in a bank account
The reasons for saving extra money are endless!But the key is getting started!
People tend to do better when faced with a challenge (of any kind).
- You will receive a weekly email reminder telling you to make your deposit into the bank or jar
- You will also receive a weekly savings tip on a way that you can save that week.
- You will receive inspiring stories and ways to save money each week!
- Many people and blogs start out doing this challenge within their communities. But by March, most have fallen off the band wagon. As you can see,by just looking at our 52 weekly challenge archive, you can see that we kept up with it each week.
- I’ve personally and successfully completed this money saving challenge two years in a row! I am doing this challenge right along with you and to encourage you along the way. And if you need to tweak it to fit your families needs, save more , etc. then I am here to help you with that too!
- You can find out more about the 52 Week Challenge HERE
So, let’s get started! Sign up today to start receiving the 52 week money saving challenge newsletter!
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