50/50 Week #2 Recap and Review

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We're continuing the 50/50 Challenge and it's taking off! So many goals, so many tips from you.

Money Earning and Savings Tips this Week

This week we continued with 4 more tips to help you save and earn a bit of money on the side.

• Making a Big-Ticket Purchase
• Tired of Your Big Bank? Make the Jump
• Consolidate Your Student Loans
• Dog Walking For Extra Cash

This week I’ll continue with more posts geared towards getting you closer to your goals. I know that not all of the posts will be applicable to your situation, but there is ideas behind the posts that I hope you can use.

For example, dog walking isn't something everyone can do or wants to do. However is there some errand or chore that your neighbors need help with that they're willing to pay for it? It's about thinking creatively and seeing the gist of the articles, not just the topic on hand.

By the way, if you have a side gig that earns you at least $100/month for a relatively short amount of work, could you please share it? An extra hundred a month can be a big boost for others, including those looking to get out of debt.

Bouncing Ideas With Each Others

My hope is that we each help one another to reach our goals with ideas and encouragement. this week you've been generous with your progress and own tips. I just want to highlight a few of them today:

Heather has put her MyPoints rewards to good use:

I've belonged to MyPoints for years. Mostly, the points I get are for clicking through on the e-mails, so I accumulate very slowly. I've gotten gift cards that I've given as gifts. Most recently, I got $50 to amazon that I used to buy some baby supplies.

Max from Maximizing Money found a way to lower his satellite TV bill and had some tips on getting movies for free:

Where I live now, I pretty much had to get satellite TV or cable just to get good reception for the basic channels, whereas my previous town had great local television just with an antenna. My bill is around $70 per month for Directv, but through their referral program, I've been able to pretty much eliminate my bill for the previous year, and now I'm only paying about $30 per month for it altogether.

When I first started, I had the movie channels and NFL package for free with my account, so that was nice, but now that they're gone, we basically get all of our movies from the library for free, since they get new releases right away and you can get an unlimited amount of movies at one time.

If you use VISA Kevin has discovered how you can get a 2 for 1 deal on movie tickets:

Also, periodically with a VisaSignature credit card, you can get a 2 for 1 deal on Fandango on Fridays for showings on that same Friday: https://www.fandango.com/visasignature

KrantCents gets half off as well on movie tickets:

I buy group discount tickets ($6 each) for movies where full price is approaching $12. My wife and I still enjoy an occasional night out with friends with the movie on a big screen in a theater.

I also want to point out that absolutely fantastic goals and plans you've created for yourselves. I never imagined how big some of you would go. Sam is shooting for $10k and Julie is using the challenge to her balance working at the office and being a first time mom.

I wish all of you the best, please leave a comment with progress- I love to see how you're doing!

Progress on the 50/50 Challenge

How are you doing with the 50/50 Challenge? Are you ahead or behind your schedule? What area to you need help with? Do you have a question or topic that you'd like me to cover this week?

Photo Credit: Alan Cleaver