The 52-week savings challenge began last week with $1 as the savings goal. We suggested you save that dollar by visiting an in-network ATM for cash withdrawals.
This week, the stakes are raised — but just barely. It’s the second week of the 52-week savings challenge, meaning you need to save $2 this week to meet your goal, with a total of $3 accumulated in savings thus far.
Our tip is to visit your local grocery store and rent a movie from a Redbox rather than pay for a film via On Demand. Most movies purchased On Demand cost $3.99 per title — however, new and HD releases can cost up to $5.99. In comparison, Redbox just increased its daily rental fee to $1.20 from $1 — still saving you more than $2 when compared to On Demand’s lower-cost titles. Redbox also offers Blu-ray discs for $1.50 and video game rentals for $2 a day.
To prevent squandering your savings on transportation costs to get to a Redbox, make sure to grab your movie rental at a convenient time, when you’re either already passing the grocery store or are shopping. Many convenience stores, pharmacies and even some fast food restaurants feature Redbox machines.
How to Save $2 Watching Your Favorite Movie
Check back next week for a tip to save for week three of the 52-week savings challenge.
Photo credit: Greg Goebel