The title of this new release caught my eye and resulted in an interesting frugal read. The $1000 Challenge: How One Family Slashed Its Budget Without Moving Under a Bridge or Living on Government Cheese was written by Brian J. O’Connor, a syndicated money columnist at The Detroit News.
The premise of the book is simple. As a financial writer, Brian realized he could still do more to save money. He gave himself the challenge to cut $1,000 from his monthly expenses. He accomplished this over a span of 10 weeks (and columns) by focusing on the 10 largest areas of spending in his budget.
Now, I say this was an interesting read but need to add this disclaimer. For many of us, we don’t have a “spare” $1000 floating around our budget. For many of us, I would venture that $1000 is a significant portion of our monthly budget. I do know that we all have areas where we can cut money. I’d like to try this experiment on a smaller (and more do-able) scale by perhaps looking to save $100. Any amount of savings is still savings!
Brian’s writing style is humorous and entertaining. He doesn’t always meet his weekly goal, but amazingly, he does manage to meet his long-term saving goal. I found his different ideas of savings a good reminder that there are many different ways to save money. The most important concept of this book is that we don’t always realize how much money is going to waste until we start really looking and making phone calls.
If you’re looking for a light read about different ways to save, I recommend that you read The $1000 Challenge. Who knows? Maybe you’ll be inspired to start a challenge of your own!
To read my reviews of the other couponing and frugal living books I have read, take a look at all my other Frugal Book Reviews here.