Whether it’s the start of a New Year or just time to make a change, doing one of these money saving challenges is the right way to go.
Money-saving challenges are a fun way to get to your financial goals. If you want to do a 7-day challenge, a 52-week money challenge, save $100, or save $10,000, there’s a wide array of challenges out there to meet your needs. You can also get blank money charts where you decide the goal.
A money challenge is a great motivator to help those who are struggling to put away money. You’ll be able to set a goal and have personal accountability with a money saving chart to keep you on track. Especially in these hard times, it’s good to have a little money tucked away in case of emergencies.
So what say you? Are you ready to get started stacking your dollars and watching your money grow? These saving challenge printables are ready for you to use. Let’s go!!!
Monthly Money Saving Challenge
This monthly savings challenge is the way to save and budget throughout all 12 months of the year.
In my monthly budget, I like to save 10-20% of my salary and automatically transfer it after each paycheck. This allows my family to make saving a priority by only spending what is left AFTER saving money first.
If you want to save all throughout the year, this 12-month saving plan might be the right choice for you!
Save $10,000 in 12 Months
Can you save $10,000 in 12 months? Well here’s the challenge for you! Color in a star each week as you’re on your way to being a savings superstar!
52-Week Savings Challenge
There are 52 weeks in a year, so why not save money on all of them? You can use this 52 week money challenge, or choose another one that will fit your needs better.
Some 52-week money challenges that start off at a low number, then slowly increase throughout the weeks. For me, I find it easier to save the same amount every week.
View this 2023 money savings chart along my other free budget printables and worksheets to create your budget binder!
PCS Countdown Savings Challenge
With the military, you have to always expect the unexpected. You never know what will happen, so it’s best to be prepared for every possibility. From the servicemember’s Projected Rotation Date (PRD), moving is (kinda, sort-of) one of the things you can predict approximately when it will happen even if you’re not sure where in the world your family will be going next.
Moving, hotels, and all the other associated costs can get expensive really fast and it can take many months to be refunded by the government. I find it prudent to save money money for this reason. This is especially important if you have pets. Moving pets in the military is not refunded and you must pay for it yourself. Costs for this can be several thousands of dollars, especially if going overseas.
Related: Read about my PCS Overseas to Japan.
How much should I save? I recommend around $5,000 for CONCUS moves and $10,000 for OCONCUS; more if you have large or multiple pets that would need to be shipped.
6-Month Savings Challenge
Is 52 weeks too long? Are you planning a vacation in less than a year? Well, a 6-month or 26 week savings challenge might be a better choice for you.
TIP: When using this 6-month savings printable, you can color in half of the number to break up the month.
Download these, with other free budget templates here.
Bi-Weekly Savings Challenge
A bi-weekly savings plan is great for those who would like to transfer money right after getting their paycheck. It’s the best way to get your money automatically transferred before you have a chance to dip into it. Out of sight, out of mind!
You can use a 26-week money plan to accomplish this goal as well! There are 52 weeks in a year, so if you receive a paycheck every two weeks, that’s 26 paychecks.
30-Day Savings Challenge
Do you have a short-term savings goal that you’d like to meet? That’s where this money chart comes in handy! A 30-day money saving challenge is also better if you’d like the feel the satisfaction of reaching your goal sooner.
You can start one month with a $100 challenge, then do $500 the next as you get used to saving more!
Christmas Money Challenge
It can feel hard to enjoy the holiday season when you don’t have enough money to spread around. Even though it shouldn’t be about the money, you can use this Christmas savings plan printable to get ahead.
I’ve also included a few tips to make the most of enjoying Christmas on a budget!
100 Envelope Challenge
The 100 envelope challenge is an interesting new savings plan where you have to get 100 envelopes and label them each with $1-$100.
Each day, you pick one of the envelopes randomly and stuff it with the amount of cash it says. By the end of 100 days, you’ll have $5,050 saved!
However, that challenge seems a bit extreme to me. You could end up saving $5 one day and $87 the next!
If you like the idea of challenge, you can make it easier by picking a new envelope every week, and/ or doing a 50 envelope challenge instead. Doing one envelope every week would make the challenge last a little under 2 years.
How to Save More Money
If you’re not already in the money-saving mindset, you’re probably wondering how you can find the money in your budget to do these challenges. It’s really simple!
All you have to do is:
- Skip eating out lunch a few times per week
- Learn how to change your car tail light yourself. I was almost charged over $50 for this 5-minute job!
- Turn your AC up a few degrees in the summer, or down a few in the winter.
- Or any of these other 40 cheap living tips to save more money every month!
What’s your favorite way to save money to complete these saving challenge printables?