The Carr Report: Saving Challenge 2024

Getty Images Stock Photo In 2021, I received an inbox message from a friend. She informed me about a “Saving Challenge” she was inspired to do.& In 2022, on New Year’s Day, she inboxed me again saying Happy New Year. She included a photo of a pile of cash that was at least three feet high. She said she had saved a total of $4,610 from her saving challenge. After seeing her success with this challenge, I thought it would be a good idea for me to challenge all my readers and followers to a saving challenge. I, too, was going to participate in this challenge. I was going to report my results in an article on New Year 2023. I never reported my results on New Year 2023. In 2022, we were about seven months into the challenge. It was going great. Then life happened. We experienced a major medical emergency with a family member. This family medical emergency was both stressful and extremely expensive. During this time we had exhausted our emergency funds. Fortunately for us, we also had this money set aside that we’d been saving for seven months. Our emergency funds coupled with the money we...