Here’s a great way to save money that’s both fun and simple. It was suggested by Scott Pape on The 7PM Project a few weeks ago - the $5 note challenge.

There is talk that the $5 note may be taken out of production in the coming years and replaced with a coin like the $1 and $2 coin.  So to stop this from happening (who wants more coins?) and as a fun way to save money, here’s what Scott suggested:

Each time you get a $5 note as change when paying for anything, keep it separate and put it away in an envelope when you get home, before it's even made its way back into your wallet (and no doubt getting spent at the next shop!)

Matt and Neil have started this challenge at Roskow and already we’ve collected 25 notes in just 3 weeks.

If you can keep up with us then at the end of the year, you’ll around $1,000 put away, just in time for the silly season spending once again.