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Disciplined Saving...

Monday, 22 December 2014 00:10

ED. Katie Cummings is a Minnesota triathlete and blogger. Last year she started a savings program that allowed her to buy her beloved Trek.

By Katie Cummings (katielookingforward.com)

As 2014 wraps up, I thought I’d look back on my original Dirty Dozen 2012 New Years Resolutions, specifically #8 “Save Money.” In 2012 I lived alone and had a corporate job that included a vehicle. The perks were wonderful, but the drive time definitely got to me.

In 2013 I moved home and my expenses were much smaller, health care was the biggest change. Paying for my own insurance definitely isn’t exciting, but its a reality. Saving money didn’t come as easily. When I found the 52 Week Money Challenge through Outside My Head, I knew I had to give it a try! ...

Instead of making 52 separate transfers from my checking to my savings, I made a monthly transfer. January’s savings were so easy it felt silly. I think I even rounded up, just to give myself a bump. Some month’s I had to juggle a little and make sure to do the transfer after payday. But I made it happen. This year’s savings covered the expense of my road bike!  READ MORE