Tuesday, September 04, 2012
Robin loves a challenge but this one is proving to be a struggle... Michelle House- Founder and CEO of Secret Budget has challenged Robin to swap the cards for cash in an all cash budget challenge.
Robin, Terry and Bob caught up with Michelle to find out all about how her budgets work.
Have a listen to the interview and then check back as Robin updates us with how she is going!
Michelle will also be giving her advice on how Robin is going and how she can stay on track. For more information about Secret Budget you can visit the website.
Thanks to Michelle from Secret Budget who set me the challenge of living off a cash budget for a week to see if I can live a cheaper life.
We spoke to Michelle last week and I sat down with my husband Tony over the weekend and agreed to give it a go.
Rather than a wallet with different compartments we are using pencil cases at home which we can both access and this it seems is our first problem. I am out and about without the entertainment cash so used my sanity money to hire three videos. I then get home and realize that the entertainment pencil case only has a $50 note in it so there is now an IOU saying entertainment owes me $9.95.
I also needed to buy my littlest son a pair of shoes as his runners literally fell apart on his feet on Saturday. Where does that money come from? Is that classed as a necessary bill or should I be saving the kids money for that? Maybe we should have another pencil case that says “Other” as well as “Food” , “Entertainment”, “Kids and one for Tony and my play money and the shoes come out of that.
Obviously first week teething problems but I am still passionate about the idea.
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