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I subscribed to the Scrooge Strategy last year and love it.
In case you haven't heard about the Scrooge Strategy, it's a paid subscription Ramit Sethi from I Will Teach You to Be Rich.
I had participated in Ramit's Save $1,000 in 30 Days Challenge and was able to save and earn some money from either adapting or adopting his tips.
Who is The Scrooge Strategy For?
After receiving the first month's batch of tips I quickly accessed that the target audience are people who are willing to be some effort to get some great rewards.
Doesn't sound too grand, but you have to understand how some people reacted to the Save $1,000 in 30 Days Challenge.
Ramit had a band of grumpy commenters that complained about how the tips didn't apply to him or how hard it was to use them.
I think if you want an easy and quick solution, then you should pass on the Scrooge Strategy.
Did I Really Save Money with Scrooge Strategy?
Did all the tips save me money? No. Some don't apply to me or I already have applied the principles in my life. Does that mean that the program has no value? Definitely not. There is a lot of information that you can use.
It’s a paid subscription-based newsletter offering one new tip per week. Within two months, I had saved enough to cover the yearly cost of a subscription, so I continued to keep it until it was completed.
Here are some posts that really helped me:
- 7 tips to save money eating out at restaurants
- Making a big-ticket purchase
- Cut your cable costs and get them to pay YOU
- Call sheet: Unearthing perks with 2 phone calls
- The Two-Headed Savings Approach: Focused saving
I think what makes this successful is that after you read a weekly tip, you typically have a very good idea of what to do next and how to execute it.
Some of the tips include scripts that take you through the process step by step.
Scrooge Strategy Membership Costs
The monthly subscription fee I paid was $8/month which isn't bad considering that you can enough money to cover the program with just one tip.
It's now higher, as a reader kindly pointed out so check to see if fits your budget.
Scrooge Strategy Review
I would definitely recommend the program to others. I think the Scrooge Strategy can be a great program for those willing to put some energy into getting big wins.