It may not seem like much fun, but if you make saving money fun, it will only encourage more saving.
When it comes to saving money, many of us find it challenging to get started. When we think of having to save money, we feel like we have to cut out all of their fun activities.
We feel like like we have to go from having fun and doing things we love to doing absolutely nothing. However, just because we are saving money, doesn’t mean we have to live a boring mundane life.
I know at the beginning of our journey, saving money wasn’t very exciting. It was boring. There was no fun in it at all. Seeing that money sit there and not being able to enjoy it was just depressing. Then, we learned how to make saving money fun.
Let’s Face It.. It Can Be Difficult to Save Money
Many people feel that it can be difficult to save money. However, this doesn’t have to be the case! There are many ways to make saving money fun and exciting.
Saving money doesn’t have to be a drag. In fact, it can be quite enjoyable! All you need is the right approach.
This means no spending without looking at your budget first. If you want something that’s not on your list of approved expenses, then don’t buy it. Instead, wait until the next month when more money will be available for such things as clothes or entertainment.
If it sounds boring, don’t worry! Planning your budget can actually be fun. Here are some ways to create your budget:
- Base your budget on your monthly income and expenses. This will give you a good idea of how much money you have to work with each month.
- Create different categories for your expenses, such as food, rent/mortgage, transportation, etc. It was helpful for us to print out a budget planner and fill it out with all of the income and expenses.
- Be realistic when creating your budget. Don’t expect to save hundreds of dollars every month if you only make enough for immediate expenses. Instead, try focusing on just saving what you can for an emergency fund to leave room if something unexpected happens (like losing a job).
- Make sure there is some flexibility so that it won’t completely wipe out all your savings when an emergency comes up.
Saving money for specific goals is a great way to make it more fun and rewarding. It helps you focus on what matters most while still giving yourself some freedom in case something comes up.
- One way is to create a savings account specifically for this purpose. This will help keep your money separate from the rest of your funds, so you’re less likely to spend it on something else! This was a must for us because if we knew it was sitting there every day and we saw it, we knew we would spend it. Putting it in a separate account and forgetting about it worked wonders.
- Another way is to set up a budget and allocate part of your monthly income specifically for savings. This way, you know exactly how much money you’re working with and can plan accordingly.
You could also try a combination of the two methods. For example, have part of your money automatically transferred into a savings account each month, and then budget the rest so you know exactly what’s left to spend on things like entertainment or clothes.
How to make saving money fun
Saving money doesn’t have to be complicated – in fact, it can be pretty enjoyable! Tips on how to make saving money fun:
- Create new games with friends or develop creative ways to save money, like starting your own winter business or side hustle.
- Set up a competition with your friends or family members to see who can save the most money each month.
- Make it a budget dinner challenge to make saving money fun and see what kind of dinners you can make on a set budget.
A few of our favorite budget-friendly dinner ideas include: Asian Garlic Beef Skillet Meal, Easy Burrito Bowls, Stir Fry dinners, Chicken Fried Steak, Pepperoni Pizza Casserole, various instant pot ground beef recipes, and crockpot Pulled Pork.
- See if you can save more money at the grocery store, or in general, than you saved last week or last month. For instance, if you are stocking your pantry, see if you can spend less than you did stocking it last month.
- Reward yourself when you reach specific goals. For example, if your goal is saving enough money to buy something special like a new car or vacation, then give yourself small rewards along the way. Small rewards can help encourage you to keep up with your progress.
- Track your progress on paper so you can see how much you have left before reaching your goal. It’s also motivational to look back at previous months’ savings, so you know exactly where all of this hard work has gotten you.
- Take on the no spend challenge and see how long you can go without spending any money at all.
- Try new budget friendly foods! In addition to making budget dinners, try using new foods or affordable ingredients you may not have used before. For instance, leftover pickle juice can be used in recipes or other things.
I don’t know if you have ever heard of Inspired Budget, but I love the budget challenges that Allison has shared. The challenges certainly make saving money fun.
You’ll find that these tips on how to make saving money fun will not only help make saving money fun, but also easy. It’ll also mean less stress in your life and more time spent enjoying what matters most.
Rewarding yourself for meeting your savings objectives is a fantastic approach to make saving money fun. It also makes it more pleasurable and enjoyable. Not only does it give you something to look forward to, but it also helps keep you motivated throughout the process!
- You could give yourself a small treat like going out to dinner with friends or having an extra scoop of ice cream after reaching an initial milestone.
- Give yourself a break every once in a while. Saving money can be hard work, and it’s essential to make sure you don’t overdo it. Instead, allow yourself some flexibility so you don’t get discouraged and give up on your goal.
There are many different ways to make saving money more fun and rewarding – just find what works best for you and stick to it. Amanda, over at Frugal Confessions, shares a lot of great frugal rewards and ways to celebrate after reaching you goals.
Reach out when learning how to make saving money fun. There are many online resources and support groups available, so don’t hesitate to reach out if you’re struggling with anything related to saving money or budgeting your finances.
This is especially important because sometimes, the hardest part about achieving a goal is figuring out how to actually get started – and then making sure you keep going until it’s done.
If there’s no one around who can help, seek out professional advice from someone who specializes in this area, like a financial advisor or bookkeeper at your local bank or credit union.
Keep tracking your progress on paper or a computer document to help you stay focused and motivated.
Seeing your progress in black and white is often more effective than just keeping the information in your head, so consider doing this at least for short-term goals.
Additionally, take some time to celebrate each accomplishment no matter how small it may seem – after all, every bit of progress should be celebrated!
Saving Money is Necessary – Learn How to Make Saving Money Fun
Saving money doesn’t have to be hard. In fact, it can be downright fun!
By following some simple tips, and learning how to make saving money fun, you can make saving money enjoyable and stress-free.
Don’t get discouraged! It may take some time to get into the habit of consistently putting away funds each month, but you will see the benefits of your efforts over time.
Who knows? When you make saving money fun, you may even find yourself looking forward to your next savings goal!