How to Make Money Saving More Fun: Part 2
Category: College Life
This is part two of our blog post on how to make the process of saving money more fun. Make sure to read the first part as we have a lot of great tips in there too.
Saving can be fun and enjoyable, we strongly believe in that. While you might not think so, you will probably change your mind after you try out our easy tips. Let’s look at the second batch of techniques and methods that we have for you.
Stick Those Stickers
Sometimes when we have a saving goal, we still can’t help making emotional and unplanned purchases. And if you would like to avoid that, this technique is just for you.
Place a sticker or a picture of your dream goal in your wallet. Let’s say you really want to buy a new car – place a photo of it so that you can always see it when you open your wallet to grab that card or cash. You can also write a note to yourself like “Remember what you are saving for” or “You really want to ruin your progress?” and that would be a reminder for you to avoid unplanned purchases.
Such a technique will also stimulate your motivation to save and work for your dream – you can always look at the reminder and get that motivation and inspiration you need.
Numerology Could Help
When you implement knowledge from others spheres into budgeting and finances, it instantly becomes more exciting and deep. Numerology is a great fit for this technique.
You can pick your favorite number, for example, 29, and save $29 per week in order to enjoy the number. Or you can create a goal of saving as much as the year number tells you, like $2,023. This could be a little extra push that you need – something more than just money, but a symbolic representation of your work and your journey.
Create a Pinterest Board
Visualizing your goal and your dream is important for your motivation. That’s why Pinterest and various tools that allow you to create dream boards are so popular.
Create a board where you place the items that you save money for. A trip, a car, a house, or a luxury bag. Out the pictures together and thus secure your goals in visual representation.
Another great option is to add pictures of the items that you can already buy with your saved money. Add and change items as you save more and more. Let’s say no you have $1000 in your saving account. Add an iPhone or a bag that costs that much to your board – this is the way to better understand your progress.
When you treat your savings not as only a sum or number but rather as an instrument for opportunities, it motivates you. You can actually see what your sum looks like in a form of goods and tasteful items. And it also makes your saving process fun. You can look forward to adding another picture to your board or starting the board all over again with other types of items and visualization.
If you have a solid plan for how you are going to save and know which milestones you will go through, it’s great to set the rewards for achieving each of them.
Let’s say, you want to save $20,000. You can reward yourself for every $1,000 or $2,000 to motivate yourself and continue the process. The type of reward depends on what you like and enjoy. It might be a movie ticket or a nice dinner at your favorite place, a new makeup item, etc.
Surely, one might say that if you reward yourself, you will not achieve your goal as fast because you spend the money that could be saved. But it actually helps you keep yourself motivated and enjoy your journey. Even if your reward puts you back a little, it holds you from snapping and wasting all the saved money. Eventually, the positive side of this technique is its ability to make saving not as dreadful and boring as it might be.
If you are about to start saving, it’s important to start it right. Don’t be negative about the upcoming financial situation. Surely, you will cut some of your expenses or will have to think twice before purchasing an item. But eventually, it will all be for the greater goal. And we hope that our tips will help you change your mind about what money saving feels and looks like. It can be an actually fun and productive way to learn how to budget and plan your expenses, as well as create new habits. If you like our tips, make sure to try them out. Good luck with your saving!