How Are You Doing During the July Money Competition?
Money is a great way to learn about your financial habits and save some money at the same time. Every month we run a new money challenge, and this month we asked you to update it and save money . How are you doing?
Upgrading sounds condescending, but sometimes it actually saves you money. For example, perhaps you buy your own fancy router to avoid paying your ISP $ 10 a month, which will ultimately save you money. Personal finance specialist Jim Wan calls it a renewal and preservation strategy and he joined us to challenge you this month.
A couple of readers have already taken up the challenge. One reader switched to an unlimited mobile data plan, which was nearly $ 20 cheaper. Another reader signed up for a meal kit to cut costs at the restaurant. If you joined this month’s challenge, please tell us how it went. What have you updated and what will you save?