Tuesday, December 5, 2006

On Savings

I'll be really honest with you on this one: I'm not the best at saving money. I know, I know. It shocked me too when I first realized it. I think that was when my net worth was $5.68 in my checking account during college.
I've improved some since then, and a quick perusal reveals that I have $303 in two savings accounts, upwards of $20 in two solo cups devoted to change and $814 in my 401(k). Checking and credit card balances would be a bit too revealing. This is a public blog and, frankly, I'm a little creeped out that you were wondering.
So I was just looking through my documents and I came across a receipt from my trip to the Pathmark on Sunday night (highly recommended, though the closer Pioneer supermarket gets more of my business). Total spent: $32.48. Total saved: $8.02.
I'm 25% of the way there! The goal (I learned this from my friend Gareth) is to save as much as you spend on a $25+ trip to the supermarket, any way you can: coupons, preferred customer cards, buy one get one free things, etc.
The challenge is ours, humble readers. Let's play some supermarket sweep. First one to show a receipt with more savings than spending wins. Early advantages to our New York and Minnesota friends who don't have to pay sales tax on groceries.