It’s also a great way to kick off any money-related new year’s resolutions or treat yourself to a fresh start after your financial world was rocked by a bunch of unexpected expenses.Īnd at the most basic level, a money saving challenge is a financial tool to help you change your spending and saving habits. Sure, participating in a fun money saving challenge is a great way to disrupt your regular saving patterns (or lack thereof) and trick your mind into saving more money this year. Remember when you were a child, or if you’re a parent, think of your own children – turning something that seems otherwise boring into a game is always a fun way to motivate them, right?Įven as adults, we are motivated by challenges or competitions, which is why money saving challenges are a great way to motivate yourself to save money and work toward reaching your financial goals. Share on Pinterest Share on Twitter Share on Facebook
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