Buzz
November has arrived, and with it comes a new financial challenge. This time, treat yourself with rewards—but make them savings-focused, of course!
Here’s the plan: start by setting a goal you’re working toward, whether it’s writing a book, quitting smoking, or hitting the gym. Then, every time you make progress, ‘pay’ yourself a predetermined amount based on your budget.
The amount can vary—maybe a dollar, or maybe twenty. For instance, if your goal is to work out more, and you hit the gym three times a week, set aside $5 each time. This challenge allows you to build better habits while earning extra cash in the process—perfect timing with the holidays approaching!
This challenge also offers a great jumpstart to your New Year’s resolutions. Plus, there are apps to help you keep on track. For example, Tip Yourself is designed for this very purpose, letting you ‘tip’ yourself whenever you make progress. You can even use Qapital, which integrates with IFTTT to automate the process of saving.
Ready to take on our challenge? Let us know:
What your goal is, and the steps you’ll take daily, weekly, etc., to achieve it.
How much you plan to pay yourself each time you make progress toward your goal.
What total amount you hope to reach by the end of the month.
As always, we’ll check in with you at the end of the month. Best of luck with your savings journey!
