REVERSE-saving1Are 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…) That’s all fine and well but what about a holiday fund?

I’ve just started one so I’ll be transferring money into it regularly. I want to save up to take our family on a cruise in 2019. But, shhh, don’t tell my husband. It’s a secret.

So, want to know how I plan to save this year?

It’s called a reverse savings plan. [Fun fact, you can use this method for all kinds of other things… like winning at Nanowrimo.]

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, and then you put away less and less each week.

Here’s how it works:



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:

How to Start a Blog

11 Ways to Make $100

Over to you – what are you saving for?