Among the different ways to trick yourself into saving, money-saving challenges are some of the most engaging.
They can help you feel connected to finances by requiring frequent check-ins and debunking feelings of inadequacy when it comes to saving. For Cristina Brown, a self-described savings-challenge designer and founder of the blog Happy Savings Co, money-saving challenges helped her go from spending to saving.
“I recognized the need to save money, and I thought that this would be a good way to kind of gamify it,” Brown says.
If saving for tomorrow seems out of reach, the right money challenge can generate excitement, push competitive buttons, and potentially increase savings….