★ Money Challenge #23: Invest $25 Right Now

Posted May 8, 2017 6:00 am by with 27 comments

100 dollar richer month

This is part of our weekly Money Challenge series.
Be sure to check off any you’ve missed!

This month we are doing a fast blast of straight-up money saving (and making) challenges. Accomplish each of the next four missions and you’ll come away $100 richer!

Ready to get down and dirty?

This week’s challenge: Take $25 and go invest it right now!

  • If you are already investing, easy – just transfer in an extra $25. Done.
  • If you aren’t investing yet, pick a new app and start! Here are two we like: Acorns and Wealthsimple.

And if you are really feeling saucy, hook your future self up and make it a recurring $25.

Give us a quick “I’m in!” so we know you are with us!

Derek, Master of Challenges

*****

PS: Curious to see how last week’s challenge went? Click here and scroll to the bottom.

Derek heads up the Weekly Money Challenges here at Rockstar Finance and over in the Rockstar Money Forums. He also runs an outrageous blog and podcast over at HowDoIMoney.com – check it out!

27 responses to ★ Money Challenge #23: Invest $25 Right Now

  1. Mark M. May 8th, 2017 at 8:49 am

    I’m in.

    Reply

  2. Mrs. Picky Pincher May 8th, 2017 at 10:17 am

    I’m in! I finally am seeing decent income from my freelancing side hustle, so it’s time to start experimenting with fun money. :)

    Reply

  3. Brian May 8th, 2017 at 10:56 am

    I’m in!

    I add extra cash to a taxable account once a month when I pay my bills. This month, I wanted to invest $400, but after I made my purchases on Friday, I realized it was closer to $425, does this count for the challenge?

    Reply

    • Derek Olsen May 8th, 2017 at 12:34 pm

      Well, I guess since you up’d it by $25 it counts. ;)

      Reply

  4. Sandra May 8th, 2017 at 12:05 pm

    I’m in. Just sent $25 to my Acorn acct.

    Reply

  5. Chris May 8th, 2017 at 3:29 pm

    I am in. This week we got a check from our mortgage co for excess escrow with held last year. Our monthly payment for the next year will go down by $25/mo. I am taking both items, rounding up to $450 and making an extra principal payment this week. We are working very hard to pay off our mortgage early.

    Reply

  6. Lindsey the Goat May 8th, 2017 at 3:54 pm

    I’m in. This was a great challenge – hard to come up with a good reason not to do it, and all it took was a quick transfer to my WiseBanyan. Thanks!

    Reply

  7. Matt May 8th, 2017 at 5:41 pm

    Done! :)

    Reply

  8. Danny May 8th, 2017 at 5:58 pm

    Done! Just added $25 Wisebanyan too. Do you want to add them to the list too? I was able to create a custom goal and I called it Money Challenge which was pretty cool.

    Reply

  9. Derek Olsen May 8th, 2017 at 6:51 pm

    Done.

    $25 into my Acorns account.

    Reply

  10. Amy Chasse May 8th, 2017 at 7:27 pm

    I’m in!

    Reply

  11. Kristine May 8th, 2017 at 8:55 pm

    There’s no Acorn equivalent in my country :(

    Reply

  12. Jacq May 8th, 2017 at 11:12 pm

    I increased my 401k % today, which will be more than $25. :)

    Reply

  13. Jmol May 10th, 2017 at 12:01 am

    I’m in! I just earned $40 delivering free mulch the city provides to my HOA instead of the HOA paying a company $587 for several yards of mulch. I saved the HOA some money while earning a little myself. Win!

    Reply

    • Derek Olsen May 10th, 2017 at 11:52 am

      Ohhh… Keep this in mind for one of our upcoming challenges. ;)

      Reply

  14. Darcie May 13th, 2017 at 7:37 pm

    Done!

    Reply

    • J. Money May 17th, 2017 at 11:59 am

      *starts slow clap*

      Reply

      • derek May 17th, 2017 at 12:19 pm

        *joins in*

        *gives a little ‘What! What!’ *

        Reply

  15. Zac May 22nd, 2017 at 12:01 pm

    I’m in!

    2 weeks late, but still in. Put some $ into my emergency fund.

    Reply

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