Money Challenge | January Savings Recap


Hello #SMCmoneytribe and welcome to the weekend!  We are a month into the challenge with almost 50% more participants than the previous year.  Great job everyonet ladies!!! That says to me, they there are people out there making smarter money moves in 2017.  What made this year different for me was including the Mr. so we can double the money from this challenge.  Full disclosure…. the Mr. decided it was easier for him to remember if he just set a fixed amount of $50.00 per week to the challenge.  It makes it easier for him and I like it because even if I cross off a lower amount, I have the $50.00 to add to it.

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Show Me the Money!!!

Week one was all about learning how to win at the She Makes Cents BINGO Money Challenge.  For week two, the focus was inspiring you to stay motivated toward your savings goals.  It is easy to keep your eyes on the prize in the beginning of the year, also know as Resolutions Season,  but getting through 52 weeks is only hard if you lose motivation.  Week three, the country paused to witness the transition of presidential power and we did too.  Before I knew it, we successfully completed month one of the money challenge.  Below is the financial breakdown for the month of January.monthly-review-template

How to Join the Challenge

Want to join the #SMCmoneytribe to get access to a tribe of goal minded accountability partners who are invested in your success and your FREE bingo money guide?  Click here, fill in your info, and we will do the rest.

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MLK Quote to Inspire You to Keep Moving Forward Through Any Situation

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Sometimes unexpected things happen…2016 was proof of that.  The thing is, we cannot give anything the power to paralyze us in a state of anger, fear, grief, complacency, etc.  Today I wanted to share one of my favorite quotes from Dr. Martin Luther King Jr.  I like this quote because it represents that there will be things in life that will attempt to block your path to greatness.  Sometimes we can even block our own blessings.  If you can’t fly then don’t shrug your shoulders and throw in the towel.  It’s so much easier to give up after the first roadblock (See  “How To Come Back from A Setback”).  Lace up your favorite pair of sneakers and get to running, girlfriend.  You might not get to your greatness quickly, but as long as you keep moving forward you are taking the necessary moves to get you one step closer than you were when you realized that flying was not an option.

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{2017 Word of the Year} How One Word Will Guide My Entire Year

fb-qotd-templateI pose this question every year and 2017 is no different.  What one word reflects your vision for 2017?  So many of you submitted thoughtful responses via the SMC Facebook group and Instagram such as “gentleness”, “perseverance”, “do”,  and “focus”.  I even had one response that was in line with my word of the year…INTENTION from the Instagram handle @yourlifefinance.  By definition, intention is a determination to act in a certain way.  I chose “intention” to reflect my vision for 2017 because it adds purpose to all thoughts, words, and actions.  To be honest, I have found that haphazard thoughts, words, and actions tend to get me into trouble.  Toward the end of the year, I started asking God to guide my words so that I speak with intention and not for the sake of attention.  This past year was my year of BRAVERY and even though it started out shaky, I ended the year with one of my bravest moves yet (post to come later on that one…).  intention-adds-purpose-to-all-thoughts-words-and-actionsFour years ago was my year of BALANCE, 2014 was my year of FOCUS, 2015 was my year of PASSION, 2016 was my year of BRAVERY, and I welcome my year of INTENTION.  I am working very hard to make sure that my words and actions are in line with the following criteria:  Is it kind? Is it necessary? Is it truthful?  As each year passes,  I take a moment and reflect on why I chose my earlier words, where I was in my personal development for that to be a necessary focus, and how I  incorporated the meaning of  those words in my life.  

What’s Your Word for 2017 and why did you pick it? Share Below!

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SMC Book Club: The Life Changing Magic of Not Giving a F*ck

Let’s be real.  The title of the shemakescents.com January book selection got your attention, didn’t it?  Well, it certainly caught mine when I first heard about Sara Knight’s latest book, The Life Changing Magic of Not Giving a F*ck.  Reason number one is well….obvious, but the second reason…I literally laughed out loud that the title is the play on the uber popular book by Marie Kondo, The Life Changing Magic of Tidying Up.  Apparently we as a people are in serious need of a life changing magical moment.january-book-selection

Here is the Overview:

Are you stressed out, overbooked, and underwhelmed by life? Fed up with pleasing everyone else before you please yourself? It’s time to stop giving a f*ck.

This brilliant, hilarious, and practical parody of Marie Kondo’s bestseller The Life-Changing Magic of Tidying Up explains how to rid yourself of unwanted obligations, shame, and guilt–and give your f*cks instead to people and things that make you happy.

The easy-to-use, two-step NotSorry Method for mental decluttering will help you unleash the power of not giving a f*ck about: 

  • Family Drama
  • Having a “bikini body”
  • Iceland
  • Co-workers’ opinions, pets, and children
  • And other bullsh*t!

And it will free you to spend your time, energy, and money on the things that really matter. So what are you waiting for? Stop giving a f*ck and start living your best life today!

How Our Book Club Works

We gave our Instagram followers a sneak peek of the book selection and the buzz was great.  The funny thing is… a preacher friend of mine recommended this book and told me that it was a good read (crazy huh?).  Click here to order the e-book version (for less than the price of a bad of chips) and here to order the hardcover version.  We are starting on January 1st and checking in back here on shemakescents.com on Saturday January 14th to discuss the first half of the book.  If you are in Atlanta, stay tuned for the book club meet up.  Info will be posted on our Facebook page, as host a Wine & Read. Event  Get your book, get cozy, and let’s get our read on in 2017!

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{Mark Your Calendars} The 2017 BINGO Money Challenge is Here!

I only have one more week of the 2016 version of this money challenge and I am excited for the updated 2017 version that starts in January. This challenge is not meant to make you rich, but it quickly shows you how putting aside money here or there (or actually every Friday/Saturday) quickly adds up to something great.

Want to join the #SMCmoneytribe to get  access to a tribe of goal minded accountability partners who are invested in your success and your FREE money guide?  Click here, fill in your info, and we will do the rest.Copy of SMC Event Invitation Template (2).png

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{Monday Motivation} You Will Never View Mondays The Same After Seeing This!

I posted this on the shemakescents Instagram and Facebook pages last week and the response was great!!  Sometimes the best motivation one can receive comes from within and often it is as simple as a change of perspective.  Glass half empty or glass half full… either way it is a glass of water and it is your own formed perspective that shapes it as positive or negative thing.  Have a great week and Happy Monday!Monday Motivation

{Money & Relationships} 20 Hard Money Questions For Couples

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{Money Goals} This Money Challenge Beats All Other Money Challenges

Hello Lovelies.  Welcome to the weekend!  It’s time for check-in for the shemakescents 52 Week BINGO Money Challenge (if you are new to shemakescents.com, click here for a recap of the challenge).  Today I crossed off $37.00 on the BINGO Challenge putting me at a year to date total of $1498.00.  My year to date total is just one example of how this version of the 52 Week Challenge  can help you double your savings opportunity. The original version caps your savings potential at $1378.00, which I have already surpassed.  From January to July, I used this money to help me pay down my credit card payments faster.  From July to today, I have saved $800+ on this challenge  to make a principal payment  to my student loans once I get to the $1000.00 mark.  shemakescents money challenge

How can you save too?

The great thing about this challenge, is that you can start anytime and it works on everyone’s budget.  Just email us at info@shemakescents.com  for your FREE copy of the BINGO Money Challenge sheet. The best way to stay in the challenge is to join our Twitter/Facebook check-ins so that you have the support of the community of readers participating in the challenge.  To join the twitter check-in, simply tweet me!

Tweet: I joined the @shemakescents 52 Week BINGO Money Challenge to help me reach my #moneygoals.

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{YTD Update} 52 Week BINGO Money Challenge

She Makes Cents

As we approach the end of week 33, I must say, staying  on top of the 52 Week BINGO Challenge is taking a little more discipline, for me, than in past weeks.  I had a goal to pay off my credit card by August 1st and I beat that goal by a month.  How, you ask?  Well, the closer I got to a zero balance on that debt, the more aggressive I became with this financial goal.  As always, I paid more than the minimum balance and started dumping any and all unassigned money toward that goal.  In working toward the big credit card payoff, I developed a solid habit of saving.  Now that this first goal is done and the high of the gratification is dwindling down, it does look slightly daunting when I look at my next goal on the snowball– my student loans with it’s $18,593.25 balance.  Ugh!!  I plan on making quarterly payments towards the principle with the money that was previously allocated to my credit card minimum + the 52 Week BINGO Challenge to shave off years of interest and thousands of dollars.

Related Post: {Debt Management} How to Shorten the Length of Your Loans & Reduce Interest

52 Week Challenge

Heavy Chains of Habit- Good or Bad?

Chains of habit are too light until they are too heavy to be broken.  Think about it like this, if you are in the habit of putting money aside every week, at the end of the year the weight of your weekly sacrifice would be greater than if you only saved for one week and then gave up.  Every week, saving $10.00 here, $70.00 there, $100.00 every once in a while might not seem like a big deal at the time, but every penny adds up.  Every time you save makes the habit of saving that much stronger.  The same can be said for  bad habits.  Spending $10.00 here and $70.00 there may not seem like a big deal in the moment.  But over time, that random spending becomes a bad habit and the weight of your debt becomes a heavy burden to carry.

YTD 52 Week BINGO Challenge

Doing the original 52 Week Challenge would result in $1378.00 for the entire year.  Doing the #shemakescents BINGO version has me at $1395.00 YTD with another 19 weeks to go for the rest of the year.

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{Monday Motivation} Do What Makes You Happy!

Happiness

Happy Monday Lovelies.  As you get started in your week….have your morning latte and go through your Snap feed, I want you to take a moment and really think about what makes you happy.  If you are not happy with your financial situation…change it.  Make time to up your financial literacy game (you can start here), create a plan to get you closer to your goal, and put the plan into action.  If your career is not where you want it, step back and examine what it is about your job/profession that makes you happy and what doesn’t.  If your relationship has many benefits, but you are not happy, it’s okay to start that conversation with your partner  about what will make you happier.  Life is too short to waste time doing something that has a negative impact on your happiness.   My birthday last week marked my new beginning.  I will  prioritize happiness in my life the way I see fit and I encourage you to do the same.  Remember, nothing is worth it if it doesn’t make you happy.

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