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I have been loving monthly savings challenges because it helps me to save small amounts of money quickly. I have also been using change savings challenges to save my change throughout the year. I decided to combine a monthly and change savings challenge together. I created the Money Pot Savings Challenge. This challenge is perfect for saving extra dollars and change throughout the month. I am giving you this challenge as a FREEBIE!
To get your Free Money Pot Savings Challenge, click the link below to begin the download!
Money Pot Savings ChallengeThe Printable Money Pot Savings Challenge
This savings challenge is perfect if you are new to saving and want to start with a small challenge. This challenge will help you to save small sums of money daily and end up with a nice amount at the end of the challenge!
You get to decide how much you save each day, so no more pressure to save crazy amounts. It is the perfect self-paced savings challenge.
How to Complete the Savings Challenge
The Money Pot Savings challenge is simple to follow. I’ll break it down into easy steps:
- Write the Month in the Top Section of the Tracker.
- Each day add any amount you choose to the pot of the day (Image of jar) and write the amount that you save on the pot of the day. The pots are labeled 1-31, so if it is the 2nd of the month save the daily amount in pot 2. Example: Write $1 in the Day 2 Jar.
- Continue to do Step 2 for each day until you reach the end of the month.
- At the end of the month, add up all the money that you saved. Write the Total Saved in the Bottom Section of the tracker.
- You finished the challenge, so use your money for whatever you like!
You can start this challenge at any time during the month. You can even choose to not go by months, but to do the challenge for 31 days. It’s up to you, so use your creativity to make this challenge even more fun!
What to Do If You Can’t Add Money to the Challenge Daily
There may be some days that you cannot add money to your challenge. THAT IS OKAY. Write 0 for those days and continue to the next day. If you can only add money a couple of times during the month, that is still progress! That means that you are saving.
If you are able to add a category to your budget for this savings challenge, you can add money daily or based on your pay periods. You can decide how much you will add daily before you begin the challenge. The goal is to save as much money as you can.
Get into the Habit of Saving!
The goal of this savings challenge is to get you into the habit of saving money. If you can add a quarter daily, great. If you are able to save more, good! This challenge will help you save regularly, so that saving money becomes a habit.
I love to save my dollar bills, so I will be adding those to this challenge. I have seen people save their five-dollar bills when they break a twenty at the store. There are so many ways to do this challenge. The end goal is for you to make saving money a habit.
Get Your Free Printable Money Pot Savings Challenge
I know that you are ready to start saving, so let me tell you how to get this freebie! To get your Free Printable Money Pot Savings Challenge, Click the link below to begin the download:
Money Pot Savings ChallengePlease feel free to check out the free budgeting resource library that has all a bunch of budgeting trackers to help you transform your finances: Free Budgeting Resource Library.
You Can Do This!
I know that a lot of us are struggling to pay our bills, and saving may be the furthest thing from your mind. I get it! I sometimes get frustrated that I am not saving more, and my bills seem to be getting higher. It feels like I am going backwards at times.
But the one thing that has kept my financial journey moving forward is that I save regularly. I save even if I add $1 to my savings. So, please try this savings challenge because I know that YOU CAN DO THIS!
Before you start saving, please leave me a comment below letting me know how you plan to do this challenge: daily, weekly, or per paycheck. Don’t forget to connect with me on social media: @thesavingbutterfly.blog
