You Can Get Paid $5k to Ditch a Bad Habit for a Month

From buying expensive lattes on the commute to online shopping, we all have a bad habit that costs us more than we think.

Cents add up, and you could unwittingly be shelling out hundreds, or thousands, a year on frivolous purchases. But if you want to get a handle on your splurges, and save money in the process, a dream job has just come up.

A company is looking to pay someone a whopping $5,000 to ditch a pricey addiction for a month. So as well as the money you'll save by making lunches at home, or heading to thrift stores, you'll also be rolling in cash if you manage to last 30 days.

Website The Penny Hoarder is looking for its very own protégé, who needs help curbing spending in any area of their life, be it takeout food, fancy shoes or numerous subscriptions.

Explaining more about the role, the job ad says: "The challenge could be as simple as spending less on something by staying home or replacing one habit with another, more frugal one.

"After being selected for the job, you'll cut out one costly habit for 30 days and funnel that money into savings, tracking your progress each week during the challenge. We'll also want you to keep notes of how you're feeling about the experience."

If you're chosen, you'll need to report back on how the month went and share your experience with fellow aspiring savers. And at the end of the month, you'll need to reveal exactly how much you managed to save. But be warned, you'll need to stick to the conditions in order to qualify for the $5,000 prize.

They said they're open to any spending habit being curtailed, including smoking, shopping and anything related to food and drink. They shared tips on how to achieve your savings goal, with apps to track spending or turning takeout night into a fun family event.

In order to apply for the dream job, you'll need to fill in an application form, available here, by September 19. The winner will be announced on the 30th of the month.

You must be over 18 and eligible to work in the U.S., and you'll need to tell the team about your current budget, and which habit you'd like to cut back on. They're also keen to hear how your spending habits changed during the COVID pandemic, including any savings goals.

File photo of a piggy bank.
File photo of a piggy bank. A company is looking to pay someone $5,000 to curb a bad habit for a month. marchmeena29/Getty Images