hi lovelies welcome to managing my money with Rosa today is one of my favorite days of the week that is savings challenge day yay if you're new here my name is Rosa my channel is all about my personal budgeting Journey it is about syncing funds savings challenges it is about cash envelopes it is about stuffing our money stashing our money how we staff it or how we stash it why we stash it it's also a little bit about investing and it's a little bit about our debt free job JY if any of that is of interest to you and you have not already please take a second push subscribe down below I'd really appreciate it if you are a subscriber thank you so much for coming back and spending a little bit more of your time with me I can't tell you how much I appreciate it and everybody please take a second smash that Thumbs Up Button all right savings challenge day is when I gather all of my challenges pull out my envelopes my markers my colored pencils whatever it is and finally empty out my savings challenge envelope this is an envelope that gets a little bit of love for my check for my honey's check just depends on what's going on as to how much actually goes into here the first challenge we do is my nickel challenge my nickel challenge is where you save 5 cents the first day 10 cents the second day 15 cents the next day 20 25 30 and so on through the whole year and for 365 days if you do that the most you'll save is $18 $25 $18.25 in one day and you'll save like $3,000 and something dollars I extended my nickel challenge out to $20 I just put it into an Excel spreadsheet dragged everything it's now out to $20 which is going to save me roughly $4,000 this for us is not a priority right now we have our ,000 emergency fund what we are in the process of doing now is this is for our 3 to six month fund which we're not even close to yet first thing real priority is our debt knocking all of that out first so until we do that really this is just something that sits in the back I think we're on year two of the snickel challenge again we are not in any rush to get it done like I said I do set a little bit of cash to the side but then all of my change goes towards this challenge so let's count up real quick one two $3 plus 5 cents plus 10 cents plus 50 cents so we have 410 5 6 7 plus another $7 which brings us up to 1110 yay yeah there's some extra pennies I'm not worried about counting those all right let me get my jar we I am all about reusing things I have around the house and since we were going to be doing change I found myself this bucket it's a bucket That was supposed to be used or something else never got used but it holds change beautifully last time I took it to the bank to turn in my change it was about a quarter of the way filled and it was about $100 and that was really exciting so I'm hoping to do the same thing when it gets to the quarter away fil again but we are not in a rush it'll happen when it happens all right let's stuff that back out of the way we're going to take our $7 so I have a variety of things that I use um I am Frugal cheap um try to piece things together in the best way that I can one of of those ways is by making my own stuff one of those is by finding freebies this is a budget mom envelope and some of it is about using things this is a note card and it helps divvy up all of the different sections inside of my savings challenge envelope so it just depends but we we use a lot of different things to save around here all right five and some ones no I'm not going to count this I have some money in the bank working for us and then I have some cash that needs to work its way to the bank all right this envelope has been loved just a little it's getting a little ripped on the edges but that's okay and what we said 1110 there's 111 open it is open yay all right so let's shade in our one bubble again not in a rush I think so far we've saved roughly $1,000 off of here but whatever like I said this $4,000 no rush because it is part of our emergency 3 to six month fund so right now the main priority is debt payoff well if your main priority is debt payoff Rosa why are you doing a save 2024 in 2024 that's a lot of money that could be going towards your debt you're right about that however there are some things that I know are going to come up and they should not surprise me one of those things is Christmas and that's the purpose of this save 2024 and 2024 the big chunk of this will go towards Christmas what doesn't get spent on Christmas will go towards debt we do some type of challenge every year last year I did the 52 we challenge the year before that I don't remember what I did but I always do some kind of challenge to help me save for Christmas so let's go find my yearly challenge we're just going to we'll come back to that one in a minute all right so this is every flower is $20 two one two three four five and 10 so that 10 will sit and wait for us cuz we don't have color and we don't have sticker um coloring is not my thing so I was walking through the store one day shortly after I made my save 2024 and 2024 and came across these stickers and was in love bottom real quick and away we went all right so I said one two three four five of them so we'll start with these three this so I don't lose track in case I do lose track one two three we are just over halfway done with this challenge y two more one and two so there should be 1,2 4 6 8 10 12 14 that's not my emergency oh it's in here that's why I can't find it so there should be $1,140 in here sometimes I count it sometimes I don't just depends on what my mood is all right put my 20s so we said 1,140 10 20 30 40 50 60 70 75 80 85 90 95 1,000 that's the first half and then I should have 140 2 4 6 8 10 12 14 yay all right let's stuff that into here this is a challenge that I made um just trying to come up with an inexpensive but creative yet cute way to save $2,000 for Christmas all right so we will put this on the bottom so I forgot that my home improvement challenge as far as my cards came next this is a challenge that you don't get to see very often because well I don't really do much with it I'm really contemplating just going ahead and canceling it putting it towards um debt I don't know just yet but Home Improvement just isn't a priority right now mostly because everything else is budgeted somewhere else but we do have $10 to put towards home improvement so that's what we're going to do all right and two fives and there we go 10 more doll into my challenge we're going to shade something in we'll do this color down here every puzzle piece is worth $10 it's what it comes down to so that's what we're saving $700 for that and that are all of these so we'll just kind of put them that way what else I feel like there was something else there is something else I have one less challenge to stuff we have our o I can't believe there's that much money in here we have a holiday challenge that we are saving for the next holiday so really and truly the next upcoming holiday is Father's day we don't really do much for Father's Day so really what we're saving for is Fourth of July but my daughter is about to have her first and her Honeys it'll be his first Father's Day so I thought it'd be kind of cute to save up something little and get him something little for everything he does for both my my daughter and soon to be grand um I think we'll add five more dollars to here which will bring us up to 20 trade out 10 15 20 I think I'm going to stop I might add another five next time I don't know just depends on when we stuff again whether I'll continue to add money to there or not and then my last $15 of all my savings challenges cuz we're not doing the $1 challenge the 52 we challenge so the last bit of this is headed into my fourth of July envelope we like to go down to the local place to watch fireworks every year and it's nice to be able to get snacks while we're there or a little bit of food or eat dinner before we go or buy some fireworks or just something so we do I try to put a little bit in here what I said 15 so 5063 is what should be in here oh we got lots of tens sweet all right if I did my math right 63 10 20 30 40 45 50 55 56 57 58 59 60 61 62 63 yay I can add today sometimes I can sometimes I can't those are all of my savings challenges that I am going to stuff today if you have any questions or just want to say hey drop it in chat below I hope you have a great day bye guys
