Financial Challenge – Day 11

Give yourself a big old pat on the back if your finished the series of making sure you’re getting the best price on your car insurance. If you went through all the steps and still weren’t able to save any money, don’t feel bad at all about it. You should be happier than the rest because that means you had your finances in order long before the challenge was issued. If you were able to bring the cost of your insurance down, don’t forget to take the amount that you saved and place it toward your debt or simple investment plan.

While we will do some more painless saving next week, we’re going to take a short break today and do some financial preparation work. Like

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5 Responses to Financial Challenge – Day 11

  1. fern says:

    If you did have a detailed list of items in your house, it wouldn’t seem that just the list itself is ‘proof’ that you have these things. Unless, of course, you have kept receipts of all these items, and i think the vast majority of people won’t have done so.

    I think the videotape or photos would be much better.

  2. contrary1 says:

    Just a note to let you know how much I’m enjoying the daily challenges. I too, wish they could continue indefinitely. I don’t even know how long the series is!! I’m learning so much with each challenge & looking forward to the next.

    Today’s has me slowed down for some reason…………the taking pictures & recording what I have just isn’t doing it for me. Perhaps because I truly don’t have a lot of things.

    I’ve had a group home in my home for the last 30 years & almost everything has been broken, lost or stolen over the years. So, when moving to this new house & starting from scratch, there really isn’t much here. I’ve furnished my home with things that were literally bolted to the floors & walls……….This is WAY different.

    Maybe I’ll make the inventory & as I buy or acquire something for the new place, I’ll add it to the list …. I will complete the task!

    I’m guessing I’m not motivated on this one because I’ve never had to submit any sort of claim……….There’s an advantage to not having much!

    keep the challenges coming!

  3. Perky says:

    Personally if I do this today, after I make my list I might have to get rid of what I forgot, I I don’t remember it well enough to want it back when lost, why am I storing it? (BTW the if is due to a 3 month old, I do like the challenges very much)

  4. Thu says:

    Hi,

    Your site was recommended by a friend. As a 27 yo female, I really pride myself on my financial shrewdness.

    I wanted to add an additional thing I do at least. I take all my manuals that I get from purchasing items. Realistically how often do you even look at them. I staple the receipt or photcopy of the receipt and file them into per room categories (Kitchen, office, masterbedroom, etc).

    This not only makes it easier to reference the manual/pamphlet if needed, then you can also recall the actual cost of the item. As well as my room photos I keep. I currently have these in a home safe. Now it takes time, and patience and takes up some room. The good thing is that if you review your inventory every year you can see what things are no longer or barely used, and get rid of them.

    Cheers-

  5. Pingback: Mapgirl’s Fiscal Challenge / Daily Financial Challenges

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