Make Your Own Realistic Savings Challenge - Stick To Your New Year's Resolution: Start & Save Money!

At Be Secure Financially, we believe a savings challenge should be fun and realistic.

This one is the Make Your Own Realistic Savings Challenge!

This is a great way to save money without feeling like you’re stretching yourself too thin. You know what you can realistically afford to put away in savings; so you know what you can realistically do in a savings challenge. Unlike other savings challenges where you put a specific amount away each day or week, with this one you put in the amount as you go throughout the year.

It’s also a great thing to start with children because you can do it with just dollars, pennies or even just change every now and then, similar to the Bingo Savings Challenge.

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Make Your Own Realistic Savings Challenge

So, how does this Bingo Savings Challenge work?

It is pretty simple. You print out the download above, and tape it to a mason jar, or other clear jar. Then as you put money into the jar, write in the amount you put in, simply mark off a square or two with a colored (different colors or the same color) sharpie, sticker, or just a simple "X".

This is where you decide how much you put in:

- Just got paid today? Put in $100.

- Bills are making things tight at the end of this month? Only put in one penny.

- Received a bonus? Add in that extra $200.

- Got back some change after your quick fast food run? Add that 48 cents to the jar.

You can also add money as you please, based on your ability and budget. If it easier to add money each week, do that. Better to add money a couple days a week, then nothing for a few weeks, okay, try that. Want to add money daily? Try that for a week, then a month.

You can easily keep track of the amounts by marking off the corresponding amount after you add it to the jar.

If your budget is super tight, try only adding change, no dollars.

Of course, as always the trickiest part is not dipping into the fund. It is your savings after all. Best case scenario is you won't dip into at all for the whole year. You'll forget about the money and then add up the amount at the end of the year. Think of it as a bonus!

We also recommend either writing on the jar or printout what you are saving for. This part is up to you: it is your savings after all, spend or save it as you like.

Happy Saving!


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