Who doesn’t love the idea of saving money? You set money aside and forget about it. Then that magical day comes when you want to take a trip or make a fun purchase, and the money is there waiting for you. No need to worry about payments or how you’ll cover the cost.
Except that the whole part where you actually save the money is hard. Even if you find money in your paycheck to save, something always seems to happen to it. Whether that something is happy hour or too many searches through the dollar bins at Target, either way it’s gone.
The problem is that you don’t have any money saving plans. Something to keep you going even when you don’t feel like spending.
Your plan doesn’t have to be complicated. If you can’t manage to set aside 10% of your paycheck in a savings account, don’t despair. There are other ways to get into the habit of saving money that are more fun. These ideas are the perfect way to get yourself in the habit of saving money.
10 Money Saving Plans to Choose From
You’re going to love the money saving plans I found out there! Pick the one that looks the most fun and give it a try.
1. Save Various Dollars
This fun plan from Undo Your Debt will net you an extra $1,456 this year! I love how it gives you a break to get through another case of the Mondays.
2. Have Dollars, Will Travel
If you have a goal that’s coming up much faster, you might have to be more aggressive. Here’s one way to save for vacation from Fitnantials.
3. The Penny Challenge
Maybe you’re thinking “Sure, dollars sound great if you’ve got that kind of money. What about the rest of us?”
Well, of course I didn’t forget you! I found a fun penny challenge from Smart School House to try. Can you believe that you can save up $667.95 just by collecting pennies in a jar rather than your couch cushions?? (I told you pennies were powerful!)
4. The 50/20/30 Rule
This one is for the guy who read my intro and said, “Psh. Of course I save 10% of every paycheck.” Well, let’s up your game!
I’m here to tell you that if you’re a bit of a finance nerd, this is your idea of fun. That’s fine by me! Check out the 50/20/30 rule as it’s laid out on From Pennies to Pounds.
5. Bingo Style Chart
This money saving chart is a little different, because you can customize it to your life so easily. In fact, it almost resembles a game! How’s that for making savings fun? This one is from a blog you may have heard of called Medium Sized Family. (wink, wink!)
6. Group Accountability
Are you the type of saver that needs some extra accountability? A Facebook group might be just the ticket for you! Try Kassondra’s 52 Week Money Challenge group. Take part in their weekly check in where you can promise that you saved up the amount you meant to save.
7. An App
*Digit is now charging a small monthly fee. I’ve canceled my account, but you may like it if you have trouble saving or have irregular paychecks.*
If you heart your smartphone as much as you do some family members, you might be looking for the right money saving app. In that case, Digit might be the app for you.
After seeing some chatter about this app, I had to give it a try. Boy am I glad I did! Digit takes small amounts of money from your checking account based on fancy algorithms to make sure you won’t miss that money. It’s dropped into an FDIC insured account.
You can pause it at any time or make a withdrawal with a simple text.
If you like things easy, you’ll love that they send you daily texts telling you what your checking account balance is and what your latest withdrawals were. How’s that for avoiding overdrafts?
8. Five, Five Dollar, Five Dollar Savings!
Couldn’t resist. Yeah, you could buy a sandwich with that five bucks. Or you could take a cue from Musings of a Marvelous Me and save those $5 bills.
Her rule is that you have to come by those $5 naturally. Don’t ask for your change in $5s. (Or, if you think you might fall the opposite way, you can’t ask for change that isn’t a $5 either!)
I love her method for saving so you always see how you’re doing.
9. Growing The Little Things
This fun money saving plan from The Life of Jessa shows you how even a small savings week after week can grow to something great. I like that you see at a glance that pushing yourself just a little bit will give you a bigger savings in 52 weeks.
10. Mix It Up
Like a little more variety than the other choices give you? Don’t worry, I’ve got you covered. This plan from Don’t Pay Full gives you a different task to try each day for 30 days. Save the money you would have spent on each of these tasks.
These fun money saving plans are just what you need to finally save some money this year!
Choose your favorite plans and get started today.
If you like this, you’ll love my plan to help you save up that emergency fund you’ve been meaning to get to!
Have you tried any of these money saving plans before? Or do you know of a different idea? Share!