About this site

Welcome to the $1,000,000 blog.

My name is Dan and I am going to raise my net worth from practically zero to one million dollars. This is where I write about how I make, save and invest my money.


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The Million Dollar Blog is no longer active. All posts about my attempt to make a million dollars will appear on my new website: dmossop.zeeblo.com. Please update your bookmarks. Thanks.
 

Stretching your budget

Here's a great tip from Damien over at The Burning Question:
Try not to touch your wage/weekly money until a day later every week. For example. If you get paid every Friday, open your wage on Saturday on week 1, Sunday on week 2, Monday on week 3 etc etc. Basically making each wage last 8 days rather than 7. After 7 weeks you will have saved an entire week's wages with truthfully, not a lot of effort. Obviously you need to take out rent and bill money as that is time dependant, so I mean to say make your disposable money last 8 days. Carry this on for a year and you'll have saved about 2 months worth of disposable income!


I really like the sound of this one. I don't know whether I'll actually use it, however. I like the convenience of starting my budget on the same day each week. Instead I've cut my budget a bit which achieves something similar. Has anyone tried Damien's method? If so, how has it worked out for you?

Thanks again Damien, and thanks for answering my question:


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Anyone know if you can delete individual comments in blogger?
 
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