Hi friend! Once a month, I’m highlighting ways I saved, earned, and invested in the hopes that we all learn and share here. You will also be able to see these, and much more in our Weekly Wealthy Woman (the fun newsletter!).
Here are 5 money moves I made this month:
1. I Took The Kids To The Bank
We’ve been trying out a kids budgeting system where they get paid for doing extra chores. My daughter wanted to get to the bank to make a deposit, so we went last Saturday. It was a great experience for both of them.
*Could they bank online? You bet. In fact, they’d have better interest rates.
But I like having them handle money and understand how to deposit and withdraw as a physical action. I think it’s easier to understand this way. So, we choose a physical bank that’s close by for convenience.
2. We’re Finishing A “No Dinner Eating Out Challenge”
I made one exception while out with friends. But overall, I was impressed at how well we adapted.
The biggest help:
We simplified our meal plan. No more planning different things all the time!
Monday: Oven bake (potatoes, veggies, protein)
Tuesday: Tacos or Mexican variation
Wednesday: Pasta or soup
Thursday: Fish and sides
Friday: Snacky dinner
Saturday: Breakfast for dinner or pizza
Sunday: Protein and sides
Is it spontaneous? Heck no. But it gets the job done a lot better than what we were doing before (which is eating out!)
3. I Invested In a Course
For the business, I invested in a Youtube course. You can make so much more progress when you have a guide! And I’m hoping to make great videos that go with our articles.
I consider anything like this to be the best investments I’ll ever make.
4. We’re Having a Garage Sale
Wahoo! We’re currently running it. It’s a great way to raise cash in a short amount of time. In the past, we’ve been able to make $200-$400 in a weekend.
5. I Evaluated Our College Savings
At the New Year, my husband and I discussed college savings. Our oldest has 7 years before college, and we need to figure out if we are going to hit our savings goal by then.
Since that conversation…crickets. Life gets busy!
So, as a money move for the month, I checked out this college savings calculator and got to work. It took 20 minutes, and I appreciated all of the projected information this calculator gave out (like overall cost). Plus, you could play with the monthly contributions to see what it turns out as.
What Money Moves Did You Make This Month?
- Read a money book, listen to a podcast, or watch a learning video?
- Open a savings account?
- Declutter your living space and sell or donate items?
- Invest for the first (or thousandth) time?
- Do an easy money challenge?
- Earn a little more money?
There are many ways to make a great money move! Share in the comments and let us know!