Welcome to Week One of Frugally Fit! Together we are getting Frugally Fit in 2011! If you are new to the series make sure you read the initial post first and then join along with us!
Being it’s the first week of Frugally Fit and we are basically throwing ourselves into it this might be the hardest week. But then, getting started is almost always hard isn’t it? But we are going to work through this together and at the end of the year, we probably will have some great results!
Here are our goals for this week:
Freeze the credit cards.
Yes, I mean all of them. I don’t agree with shredding them because sometimes they are good to have for emergency use only. Freezing them allows us to keep them on hand but makes them not easily accessible. For me, it’s tempting to use that card when it’s in my wallet and I know there isn’t much left in my checking account. So for us, it’s bye bye credit cards!
Write Down Every Expense
Everything. Write it down. Keep a journal, notebook, anything will work. Write down when you pay a bill, write down when you buy sour cream, write down when you buy socks. Write it all down! Before we can start saving money we have to see where it’s all going.
Turn Your Water Heater Down to 120F
For every 10F you turn down your water heater you will save 3-5% on energy costs. Plus it slows mineral buildup in your pipes and in your heater. Slowing mineral buildup will help your water heater last longer in the long run saving you the expense of having to put in a new one sooner! If you aren’t sure how to turn down the heat you can follow these instructions.