Mondays can be a little painful to move from the weekend back to work mode, so I want to share a motivational item every Monday to kick start our week. It’s not necessarily going to be about living on one income, although I hope more often than not that it will tie in with that theme. This is motivation in the form of a quote, a story, a video, or an article or book that I’ve read that will maybe give you something to think about, enjoy, and get us going on a Monday, especially on those rainy Mondays.
This week’s challenge is to try to save some small money. In a previous post below, I mentioned that just cutting out your daily coffees can help you to save. Remember, we calculated that cutting out one coffee per day, for 5 days a week, comes to a savings of $468.00 per year by not buying coffee at a coffee shop or restaurant.
So, in this week’s challenge, let’s put that into practice. This week, for one week only, let’s try cutting out buying our coffees outside of the home, except for Friday. Friday is the day, if you have made it all week without buying your coffee at a coffee shop or restaurant, that you buy a coffee to treat yourself. Remember, frugality and saving money is not about denying yourself, but it’s about starting small to save big. The money you would have spent on your weekly coffees, take that physical money each day and put it in a jar, and put the jar out of sight. At the end of the week, take a look at what you have saved.
If you buy more than one coffee each day, and I know there are some of you who buy 3 to 4 times a day, that is a nice little chunk of change you will have saved. It may not seem like a lot at first, but if you continue with not buying coffee out of the house, you will see how your money can grow on just that one item.
I’m not saying don’t have coffee each day, but why not buy your own coffee to make at home. Take it with you in a thermos or coffee mug. You can buy some great tasting coffee to make at home.
Tim Horton’s has a great Columbian coffee that I have used before in our reusable coffee pods for our Keurig machine . This 300 gram package lasted our family about a week. That is with all four of my kids and myself having about 2 to 3 cups of coffee per day. As you can tell, we’re all big coffee drinkers! Another coffee you can buy is McDonald’s coffee. These pods also work with a Keurig machine and are full to the brim with coffee, giving your cup a good strong flavour. McDonald’s sells a 72-pod box of their coffee which works out to $0.76 per cup of coffee. You can’t buy a cup of coffee at your favourite coffee shop for that price.
Try this challenge for one week. No buying coffee outside of the house! Let me know how it works out for you – did you make it through the week? Have you saved a bit of money by doing this challenge? Let me know in the comment section below!