Everyone knows we’re supposed to save money for emergency situations, so we can make big purchases without using a credit card, as well as retirement. Saving money doesn’t usually feel fun or glamorous, but there are some ways to make it more enjoyable. Here are five tips to make saving feel fun and empowering:
- Visualise your saving goals
You can easily do this by linking an image or even a title to your saving targets. Get a picture of your objective and place it somewhere you will consistently notice it and stay determined. Having your financial goal showcased in front of you will make it more real. Also, it’s good to have a regular reminder of what you are working towards.
- Have fun frugally
Who said having fun needs to be expensive? There are plenty of ways to enjoy your life while staying on a realistic budget. In fact, many of the great ways to have fun are free or affordable.
- Go to the library.
- Head outdoors for a bike ride or go hiking
- Have a picnic in the park
- Look for free attractions in your area like museums, concerts and more
- Take advantage of happy hour and two for one meal deals
- Think of your money as Power and Security
Rather than looking at funds, you save as only a number, or as currency, you can use to go shopping, consider money a means to get and stay out of trouble. The more savings you have, the more invincible you will become. You are a different and stronger individual when you have a backup available in savings. Even a little bit of funds can have this impact.
- Compete with others
If you are the competitive type, make saving a challenge between you and someone else. You can turn it into a fun challenge between your friends, family members, or coworkers. You can compete with others to determine who can save the most money, who can go the longest time without purchasing a particular item, who will settle debt first, and even more.
- Engage in a no spending challenge
To many people, a no spending challenge is probably not the most enjoyable thing in the world. Nonetheless, it can be an effective way to allow your creative side to emerge since you will need to make use of what you currently have.
Additionally, there are several games and applications designed to assist you with the motivation you will need to save money, and of course, it can make saving enjoyable as well.
Remember: Before you start, be realistic about the amount of money that you can save per month. Rather start small and increase your saving values, this way you can stay on track and stay motivated.