[powerpress]
If you haven’t already, we would be eternally grateful if you could subscribe to the podcast in iTunes or Stitcher and leave a (preferably 5-star) review. This might help us appear in the “New & Noteworthy” section and will introduce many new people to the 2015 Savings Challenge community. To subscribe and leave us a review, just follow the links below:
iTunes Podcast
Stitcher Podcast
Resources highlighted in the episode
Today, we discuss the March results for the Moneystepper 2015 Savings Challenge. The podcast is broken down into the following sections:
- Quote of the Week
- “A penny saved is not a penny earned if, at the end of the day, you still owe a quarter”
- My March Results
- Net worth improvement: 15% (vs 6.3% goal pro rata)
- Savings rate: 57% (30% goal)
- Re-evaluation of goals
- Net worth goal increased from 25% to 30%
- Savings rate increased from 30% to 35%
- Overall March stats
- Average net worth improvement for all participants: 14.7%
- Average savings rate for all participants: 48%
- What I’ve learned from you
- Nicola – Benefit and accounting of buying a second hand car
- Mariane / Chad – Power of side income
- Tom – Big savings from small changes
- Pete – The relief of paying off debt
- Jeany B / Mr Zombie / Matt Sommer / Weenie / Michael Smith – Putting big one-off incomes to good use
- Dan T – Don’t settle for bad deals
- Greg – Resisting impulse purchases
- Good Feel Article Of The Week
- This stupid video…
Don’t forget to pick up the free 10-point checklist showing you all the things you should make sure you are doing before investing in property:
In this episode, we refer to a number of external resources, all of which are linked below:
Related Article: Submit Your Results (Moneystepper)
Related Article: March Results (Moneystepper)
Related Article: SMARTER Goals (Stacking Benjamins)
Related Article: Savings Challenge And SMARTER Goals (Meaningful Money)
Related Article: Session 10 – Accounting For Personal Finance (Moneystepper)
Related Article: Save By Cutting Back On Beer And Coffee (Moneystepper)
Fun Show: The Kaiser Report (RT)
If you have any questions or opinions on this episode, please leave a comment below. I respond to all comments and it would be great to hear from you!
Leave a Reply