Thirty Day Challenge to save a Thousand Dollars

Have you ever read one one of those get rich quick postings and thought “Yeah! Right!” or “As if!”? Anyone it seems can write a blog, post a tweet or launch an ebook telling you how to make it overnight, without working. I for one do not easily subscribe to the idea of getting something for nothing, as it violates the first law of thermodynamics.

However, I came across a site which seems to have a different angle, and might just catch on. This is a 30-Day Challenge by Ramit Sethi, so everything should be able to be accomplished within 30 days. As he says in the introduction to the challenge “You can sit here and read every tip and feel good about yourself. But only the people who spend time implementing will save any money.” Now that sound like a good start.

The full list of tips is published on the blog posting Announcing the Save $1,000 in 30 Days Challenge, but the important difference from the usual savings scheme, is that you have to commit to doing it. Ok the language is distinctly American, and some of the tips might need a little rework, such as the US Gas hedge fund, but the principles are sound.

I rather like tip number 15, which is to have people over to your house instead of meeting at a bar or a restaurant. This contains an interesting excerpt on hosting people at your house from Never Eat Alone, by Keith Ferrazzi, The youngest partner in Deloitte Consulting’s history and founder of the consulting company Ferrazzi Greenlight.

So what has this all to do with managing events, or being the most outstanding presenter you can be? Well the simple fact is that we love to save you money, and a good number of the tips included in this challenge are straight out of our play list. There is always something to be learned about getting value and making the most of your opportunities, and it really does not matter where the advice comes from. The important thing is the action you take when you learn each new lesson.

Click here to see Announcing the Save $1,000 in 30 Days Challenge

Ramit Sethi graduated from Stanford and co-founded PBwiki. He is the New York Times best-selling author of I Will Teach You To Be Rich.

If you want to check out I Will Teach You to Be Rich or Never Eat Alone: And Other Secrets to Success, One Relationship at a Time both are available from Amazon

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