I recently had her on the podcast and we talked about how they were able to retire early in their 30s.
Of course, this didn’t happen overnight. It meant changing their mindset with how they were spending.
So this is a great challenge if the two of you are serious about not only saving money but being more thoughtful with your spending.
It takes you through some of the choices they made along with the mindset and the questions they asked.
You guys can go through this challenge in a month and have those conversations and see where you can cut back and you might see that some expenses are necessary or bring you enough happiness that their justified expenses.
Hustle Crew Challenge
This third challenge now looks at the opposite side of the finance spectrum.
You guys might be pretty good with your spending but it’s a matter of earning some more money so you can put that towards your debt snowball or perhaps you want to invest more.
I highly recommend taking Sandy Smith’s Hustle crew. She’s the creator of Yes, I Am Cheap and has a great Facebook group and every so often they do this monthly challenge where they find different ways and they support each other in earning extra income.
I love this because not everybody can start a website or consult on the side. Maybe they can’t freelance but within this community, everyone shares their ideas what’s working for them.
You’re bound to find one or two really good ones that you guys can implement and try out.
5 Days to $5k
Finally, this last challenge is something I created because my husband and I are very busy and were pressed for time.
I created the 5 Days to $5k challenge because I wanted something for couples that were getting started but they needed to have something that they could do in 20 minutes.
These tips chosen were to help save now and down the line. I take you through ways that you can find money in your budget, save when you are spending, and then also earn some income on the side.
Money Challenges Together
I shared some of my favorite challenges; I’d love to hear from you!
What challenges has helped you transform how you handle money? Which has been the most fun to take on?
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Elle Martinez helps families at Couple Money achieve financial freedom by sharing tips for reducing debt, increase income, and building net worth. Learn how to live on one income and have fun with the second..