I was reading a back issue of All You magazine from my local library when I came across a suggestion for a type of money saving swap party that I haven’t heard of before.
A contributor mentioned that she and her moms group throw a Halloween costume swap party every year.
“Around the last weekend in September, my moms club hosts an annual Halloween costume swap at someone’s house. We organize the costumes by size and gender on clothing racks and issue tickets that entitle people to take as many things as they came with; if there’s a big crowd, we draw numbers to decide who shops first. New costumes are pricey–it’s crazy to spend a lot on something kids may wear only once.”
Daniele Condon, 35, Nashville (quote from August 2015 issue of all you magazine)
The quote got the idea wheels in my brain going on how many types of money saving swap parties thrifty families could throw.
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1. Halloween Costume Swap Party
I dug a little deeper into the Halloween costume swap idea and found out that October 13 is actually National Halloween Costume Swap day.Who knew that a saving money Swap party actually has its own national day! I also found this article on how to set up your own Halloween Costume Swap Party.
2. Book Swap
You could go generic and do books for all ages, or you could do just children’s books or just ones you and your friends would enjoy. Here is an article cram packed with ideas of how to make your book swap party a success.
3. Board Game & Video Game Swap
I couldn’t find an article to share for board games and video game swap, but essentially the rules for hosting a swap party of any type would work.
4. Children’s Toy Swap
Children, especially younger children, either outgrow or get bored with toys at a rapid pace. Instead of spending money on new ones,host a children’s toy swap with other families you know.
5. Clothing Swap
This is another swap that could be done from several different angles. You could host a children’s clothing swap, a business wear swap, a women’s clothing swap, a winter clothing swap (boots, coats, scarves, hats, etc for the whole family).
6. Cookie Swap
Generally cookie swaps are held around the Christmas season. I have to be honest, I am not a fan of cookie swaps. I think it is because I love baking cookies and our family is very cookie picky–as in we have a small handful of favorite cookie recipes we like at Christmas time and we don’t stray from them. However, if you don’t like to bake and a cookie is a cookie in your household,then a cookie swap can be fun and a great way to get a variety of cookies for the Christmas season without spending as much time baking.
7. Freezer Meal Swap
This is one swap party you might want to do regularly–say once a month. You are probably going to have to put more thought into who you invite to your group as food can be a hot topic now a days–your idea of what is acceptable as a dinner might not be what someone else thinks as acceptable. Here is one post I found that shares 5 tips for starting your own freezer meal swap group.
8. Christmas Decor Swap
I don’t know about your family, but our family has way too many Christmas decorations. Although we have some Christmas decor that we would never part with, most we tire of and want to display something different. Follow the simple rules of a successful saving money swap party and put a Christmas decor twist on it.
9. Perennial Plant Swap
Perennials are expensive, but often green thumb friends thin out their perennials every spring. Why not make a money saving event out of this annual chore by hosting a perennial plant swap with fellow green thumb friends.
10. Craft Supply Swap
Lets face it, we have all bought craft supplies to make a project and never gotten around to it.Plan a craft supply swap and trade those crafts supplies that don’t interest you anymore for supplies that do.
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FAQs
To begin, gather 100 envelopes and sequentially number them $1 through $100. On day one, you'll place $1 in envelope one. On day two, you'll add $2 to envelope two, and so on. Place each envelope in a safe place, and by the end of the challenge, you'll have saved $5,050.
How can I save money throwing a party? ›
How to Throw a Birthday Party on a Budget
- Keep your guest list small. ...
- Make your own invitations. ...
- Use free printables to decorate. ...
- Pick a theme you already have decorations for. ...
- Have the party at your house. ...
- Don't party at meal time. ...
- Make or decorate your own cake. ...
- Use the dollar store for party supplies.
What is the save money challenge every two weeks? ›
What Is A Biweekly Money-Saving Challenge? During a biweekly money-saving challenge, you save money every 2 weeks when you get paid, making it convenient to set aside a specific amount every 2 weeks. The predictability helps you stay on track and strengthens your savings habit as you work toward your financial goals.
What is the 10 rule for saving money? ›
Key Takeaways:
The 60/30/10 budgeting method says you should put 60% of your monthly income toward your needs, 30% towards your wants and 10% towards your savings. It's trending as an alternative to the longer-standing 50/30/20 method. Experts warn that putting just 10% of your income into savings may not be enough.
How to save $5000 in 3 months? ›
If you are looking to save $5,000 in just 3 months, here are some tips to help you achieve your goal.
- Track Your Expenses. The first step to saving money is understanding where your money is going. ...
- Create a Budget. ...
- Reduce Unnecessary Spending. ...
- Increase Your Income. ...
- Automate Your Savings. ...
- Save on Utilities and Subscriptions.
How do you throw a successful party? ›
These are best tips for throwing the perfect party to make sure everyone enjoys it.
- Choose a Date and Time. It is important to pick a date and time that works for most of your guests. ...
- Choose a Location. ...
- Set a Budget. ...
- Create a Guest List. ...
- Plan the Food and Drinks. ...
- Choose Entertainment. ...
- Make Sure You Have Enough Supplies.
How to throw a party for 50 people on a budget? ›
Planning a big party on a budget
- Buy in bulk. Get rewarded with big savings for ordering large quantities at once. ...
- Stick to the basics. You don't have to cater the event with fancy appetizers your guests can't pronounce. ...
- Decorate on a dime. ...
- Create simple invitations. ...
- Keep everyone safe.
What does it mean to be thrifty saving? ›
sparing, frugal, thrifty, economical mean careful in the use of one's money or resources.
How can I be extremely thrifty? ›
To be frugal, follow these tips:
- Create a budget and stick to it. Being frugal begins with this tip. ...
- Shop around for the best deals. Buy what you need from the first store you see, but don't just go to the first one you see. ...
- Buy used instead of new. ...
- Make your own stuff. ...
- Repurpose and recycle. ...
- Be patient.
How to make life cheaper? ›
15 Tips for Living Frugally Without Looking Cheap
- Eliminate monthly subscriptions.
- Shop for new insurance.
- Reduce prescription costs.
- Buy used items.
- Rent, don't own.
- Purchase at the right time.
- Buy high-quality products.
- Enlist your friends.
All goods and services consumed during the Two Dollar Challenge must be newly purchased out of your $2 a day income. These items include, but are not limited to: personal hygiene products, cosmetics, and all food or drinks. You are limited to two complete outfits of clothing.
What is the 30 day cash challenge? ›
One way to make saving money easier is to try the 30-day savings challenge. Here's how it works: When you have the urge to make an impulse purchase, wait for 30 days and give yourself time to think about it. While considering the purchase, deposit the money you need for it into a savings account.
What is the $20 challenge? ›
All you have to do is save $20 each week for a year, and then you'll easily have $1,040. If you start this now and do it just until the holidays, you will have a nice chunk of change as well! And, it'll make saving money just a little more enjoyable. Yes, saving money can be fun!
How can I save $5000 with the 52-week money challenge? ›
Here are a few more ways to save $5,000 by the end of 2023:
- Save $96.16 every week.
- Save $192.31 every two weeks.
- Save $416.67 every month.
- Save $1,250 every quarter.
- Save $2,500 every six months.
How to save $1378 in 52 weeks? ›
There are no complicated rules to remember. Week 1, you save $1.00. Week 2 you save $2.00, and it continues through the year, adding one more dollar to each week's savings goal. By Week 52, you'll set aside $52.00, which will bring the year's total savings to $1,378!
How much money do you save with the 52 week challenge? ›
For anyone trying to improve their savings in 2024, the 52-week money challenge is a simple and effective way to stay on track. And at the end of the year, you'll have $1,378 extra dollars to bulk up your emergency savings or put toward a savings goal, such as a vacation fund or a down payment on a home.
How to save $10,000 in 6 months envelope? ›
How can I save $10,000 in six months of envelopes? Saving $10,000 in six months essentially doubles the original 100-day challenge, so you would stick to the same savings protocol but do so with 200 envelopes over 200 days.