Curious about the financial experiment?
In August of 2010, Elissa and I embarked on a financial experiment to see just how far we could push ourselves. As two financially responsible CFPs living in NYC, we had accounted for every dollar in our respective budgets. But we wanted to prove to our clients (and ourselves) that living on less--even way less--was within reach. So we set out to save an additional $1,000 each in one month (above and beyond what we were already saving on a regular basis). Here's a brief summary of what happened:
The Financial Experiment seemed like a good idea.
The Financial Experiment happened.
Elissa made it through the month. I did too.
We learned a thing or two.
Since our financial experiment, we've been lucky enough to do some pretty cool things. We traveled to the Galapagos together (and blogged about it). Elissa is traveling around the world at the moment, and I recently got back from spending 5 months studying Spanish in Colombia. Saving money really does pay off.
Neither one of us is living "four flights up" anymore, but I'm sure I speak for both of us when I say I kinda miss it.
Keep up with each of us here: