Are you on a budget? Finding it hard to save money?
Me too, friend. Me too.
Any extra money I make tends to find its way into our mortgage. Which is great… but what about the fun stuff? Holidays? Massages? Movies?
One of these days I’d love to take my two little guys (and hubby) to see snow. We live in the tropics so it will NEVER snow here. I’m planning my perfect winter holiday for a few years time when the boys are both old enough to enjoy it.
Want to know how I plan to save up this year so I can meet my goal?
It’s called a reverse savings plan.
The way it works is that each week you’re putting away some money. But, at the start of the year, you’re putting away more (while motivation is high!), and then you put away less and less each week.
Here’s the printable version:
Each week, you transfer the amount for the week into your savings account.
Can’t afford the amount you’re supposed to be saving?
No problem! Use it like a treasure hunt or a game of Bingo and tick off the amount you CAN save that week. You still need to complete all the amounts, but you can wait to save the larger amounts at times you know you’ll be getting extra money. Hello birthdays and tax time!
Ways to Make Extra Money
Here’s a few of our previous posts to help you make some extra money: