The $1,000 Challenge: How One Family Slashed Its Budget Without Moving Under a Bridge or Living on Government Cheese by Brian J. O’Connor

1000Book – Personal finance Editor and syndicated “Funny Money” Detroit News columnist O’Connor moved to Detroit with his family shortly before the Great Recession of 2007. As his personal financial situation declines, he is looking for ways to save more, invest more and spend less. He makes a mission to cut his family’s expenditures by $1,000 a month over the course of ten weeks, and record their progress in a series of newspaper columns. He sets up ten categories to target for savings, such as transportation, groceries, entertainment and groceries. Devoting a chapter to each category, he discusses ways to free up cash, make ends meet and “pinch pennies so hard that Lincoln gets a headache.” I liked his approach, although I found his humor a bit monotonous. I didn’t find many new specific ideas, but was intrigued by the idea of setting a specific family budget challenge and methodically working through categories to explore possible savings.