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Post by Connie on Aug 3, 2006 13:11:48 GMT -5
I was just reading about a money challenge on another forum that was started at the beginning of the year and I thought it would be fun for us to start our own. We all like money right?  Anyway if you are interested let me know. Basically we would set goals for ourselves individually and individually figure out how we will make extra money each day or each week or whatever. The money that you make must go into a savings account and you try to reach your goal using only that extra money. So for instance lets say you don't normally take surveys, you sign up and decide that all the survey money will go towards your challenge account. The next day you have no surveys so you decide to try and sell something on ebay and make $3, that goes into your challenge account. Let us know what your ultimate goal is and check in regularly to let us know how close you are. We can set a start and end date if you want or make whatever rules you like.> Anyone up for it? Ideas? |
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Post by mandigirl on Aug 3, 2006 15:51:16 GMT -5
At the rate that I'm going at now, my goal would have to be $5 a year!!! But, I've only been signing up for surveys for 2 wks.......sounds like fun though!
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Post by Connie on Aug 9, 2006 11:23:36 GMT -5
The premise is that we find new and different ways to make a few bucks each week. For me since the surveys are part of my current income I would have to find a different source of income. A garage sale or amazon or something like that. Lets give it a bit and see if anyone else is interested. If not maybe we can just start it by ourselves or not.. lol
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Post by mandigirl on Aug 9, 2006 13:33:45 GMT -5
Sounds great! You might have to help me out with a few good ideas to help me get started! I still think its a great idea! Are we so far still on for the 14th at 11 cental time to break our record??? |
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Post by Connie on Aug 10, 2006 10:23:52 GMT -5
So far! There is a VERY slim chance I may need to go out of town. My daughters grandmother is in the hospital and it's pretty serious. She has never met her and had been planning to go meet her this month. Then she got a new and very good job so those plans went out the window. By a very weird fluke she called yesterday and found out she was sick. She is pretty upset and wants to see if her boyfriend can take some emergency days to drive her down. I told her if he couldn't I would help her get up there to see her on Monday. It's an eight hour drive at the least so we wouldn't make it back by 11... just waiting to see. I will know before Tuesday if I have to take her or not.
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Post by mandigirl on Aug 11, 2006 9:15:17 GMT -5
:)k, thanks for the heads up!
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Post by Cassandra on Nov 1, 2006 8:44:09 GMT -5
I need this challange..lol
I'd like to make more money online then the amount i'm making already.. I dont know if I can do the blogger thing because it's something you have to do daily and sometimes there are days I can't be online for more then a few mintues.. I think I could focus better after christmas on making money online.. By then I will be able to afford a webhost and rebuild all of the websites I was making before my computer kicked the bucket..Is anybody still involved with this challange?
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Post by Connie on Nov 1, 2006 16:38:27 GMT -5
Funny you asked because just today I was reading a website about how to make a million dollars. One of the "facts" was that if you put $5 a day into a bank acct that draws 10 percent interest you would have one million dollars in 42 years (I believe that is right).. anyway I remembered this challenge and thought what if I could make an $10 a day to put into that bank acct? It would only take me 20 years! haha... I think we should renew this challenge in the Spring.. give us all time to prepare and think about different things???
As for the blogging thing.. yes you should update everyday, but you know what? I have been SO slack in updating for the past two months and just started posting again the last couple of days.. I was still getting a decent amount of hits even without updating. The idea behind daily updating besides keeping your readers intrigued is that the search engines crawl your site more often and you get better rankings etc. You don't have to NOT have a blog just because you don't have the time... it is still a presence in my opinion and a good one at that!
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Post by Cassandra on Nov 2, 2006 10:43:48 GMT -5
Thats a good ideal Connie.. Spring would be enough time for everyone to prepare..
I'm really amazed that since you took a break from your blogs that your still getting traffic.. Your blog must be seo really well. Well hearing that does inspire me a bit to get to work on blogger. I know that people can make money blogging and it sometimes takes months and sometimes years to make a full time income online with affiliate marketing and blogging using adsense and other cost per click programs..I was thinking about trying the new Chitika Malls CPC program on my blog and see how that works out..( I've heard you can use Chitika Malls on your site even if adsense is on your page)
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Post by Connie on Nov 3, 2006 14:49:21 GMT -5
Spring it is!
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beesie
Hero in training
Posts: 4
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Post by beesie on Dec 18, 2006 23:38:42 GMT -5
Funny you asked because just today I was reading a website about how to make a million dollars. One of the "facts" was that if you put $5 a day into a bank acct that draws 10 percent interest you would have one million dollars in 42 years (I believe that is right).. anyway I remembered this challenge and thought what if I could make an $10 a day to put into that bank acct? It would only take me 20 years! haha... I think we should renew this challenge in the Spring.. give us all time to prepare and think about different things??? If only it worked that way Connie! Then what if you put in $20 a day. Then you'd me a millionaire in 10 years! Or $40 a day and just 5 years. Nope, if you put in $10 a day with 10% interest/year, it'd still take about 35 years to be a millionaire. However, I do believe these types of investments are must-haves, and the sooner you start, the better. I haven't heard of any 10% interest bank accounts but there are plenty of low risk opportunities out there that can give you 10%+++ annually. I only keep what I need for the near future in my bank account and invest the rest. |
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Post by Connie on Dec 19, 2006 10:56:35 GMT -5
Good advice Beesie!
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Post by Crystal on Jan 23, 2007 1:05:47 GMT -5
I just read this challenge and I am all in when everyone is ready to start. My DH and I are reading a book by Dave Ramsey (Financial Peace University) and we are committing to get out of debt completely and start saving!! So, I am all in on this one. We are so committed that my DH took a second job and I am looking for anyway to make a few extra dollars and also save a few extra dollars. (I had two garage sales on consecutive weekends in the fall before the birth of my first baby in Dec and made $300!) Anyway, let's start soon ... I'm excited for some accountability and ideas!!
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Post by Connie on Jan 23, 2007 12:08:22 GMT -5
Me too! Im just waiting for spring because that is when I KNOW that Bill will be back to work regularly. He went back today and Im hoping THIS is the start of regularly.. give me a week or so and I will be ready! You will have to share any good tips you learn in that book!
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Post by Crystal on Jan 23, 2007 20:32:03 GMT -5
I will definitely let you know what I learn ...
My DH and I are going through baby steps and the first step is to get $1000 in a savings account for emergencies. (It's called the emergency fund) The purpose of the fund (besides the obvious that it is used for unexpected things eg. car repair, home repairs, etc. ) is to teach you to change your habits and learn new behaviors (how to save) . Plus it is a safety net so that you wont have a huge set back when you start the "get-out-of-debt" part. My goal is to have this account funded by the end of Feb. so we can get serious about our finances. I will note my progress ...
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