No matter what anyone says, saving money is no easy feat. But, one of the best ways I found to save money is to make it fun by doing a challenge.
Whether you want to save money to go on a vacation or you’re trying to pay down debt, an extra $500 this month can help get the ball rolling so you can get closer to achieving your financial goals.
I created a free printable for you to help making saving fun, called the 30 Day Money Challenge. This challenge is a great way to save nearly $500 in the next 30 days. You don’t have to wait to start saving on the first of the month, you can start today and continue for the next thirty days.
One of the biggest reasons why people have trouble saving money is because they don’t have a clear goal in mind. Not having an end goal in sight is a surefire way to lose the motivation you need to save money or pay off debt.
Writing down your goal and challenging yourself, such as using the 30 Day Money Challenge, is a smart way to save more money and stay motivated to reach your financial goal.
You can download my free printable below to get started on saving nearly $500 in the next 30 days. Click the button below to get your free worksheet!
To give you a head start, here are some of my favorite ways to save and make extra money:
1. Start a blog
Blogging is how I make extra money and it’s a great way to earn a part-time or full-time income. Last month I made over $6,000 from blogging. It’s super affordable to start a blog of your own. You can use my free step-by-step guide here to create your blog. For only $3.95 per month, you can start your own blog and get a free domain name when you sign up through my link.
2. Online Surveys
There are many online survey websites that will pay you to complete surveys, play games, do online searches and more. They are free to sign up for and free to use. Survey websites I recommend include American Consumer Opinion, Swagbucks, QuickRewards, and Panel Place
I have been a member of Swagbucks for a while now, however I don’t use them as much as I used to, but it’s a simple way to earn gift cards for things you do online. There are many ways to earn points on Swagbucks including filling out surveys, playing games and watching videos. You can sign up for Swagbucks here.
4. Become an Airbnb host
If you have a cabin, cottage or extra room in your home, consider becoming an Airbnb host to make extra money. Don’t have any extra space? You can choose to become a host for your neighbourhood or make money by hosting a unique experience (hiking, cooking classes, and more).
5. Shop on Ebates
Whenever I shop online, I try to always use cashback websites like Ebates so I can earn free cashback on all my purchases. Ebates is free to use and it’s a great way to earn extra money just for shopping online. You can sign up for Ebates here and get a $10 welcome bonus.
6. Review your monthly, phone, cable, and internet bill
Call up your phone provider to negotiate a better deal. I was able to save $300 per year on my smartphone plan by calling my service provider to negotiate a better rate.
If you’re paying for cable TV channels that you rarely watch, cancel it! Why pay for something you don’t use? Chances are you can watch the same programs on Netflix or online.
My family recently canceled a bunch of TV channels that we weren’t watching (saving us $20 a month). Instead, I use Netflix to watch almost any TV show or movie online.
7. Checkout 51
Checkout 51 helps you get cashback on your purchases. You can download the app or browse the available offers online. Then buy these offers at any store and upload your receipt using Checkout 51. Once your purchases have been confirmed, you will receive a credit to your account. When your account reaches $20, you can cash out and Checkout 51 will mail you a check!
8. Cut back spending on food
The best advice I can give anyone is to learn how to make at least three delicious meals at home. That way you’ll be able to whip up something nice if you have a friend coming over, a date, or you want to have a relaxing evening at home.
If you want to start making more homemade meals, but don’t like the idea of meal planning, I recommend using the $5 Meal Plan. This is a weekly meal plan service that can make your meal planning super simple.
For just $5 per month, you will receive a delicious meal plan, where every meal will cost about $2 per person (or less). It’s a great way to save time and money, plus they offer specialty plans, including gluten-free and vegetarian meals. Click here to try it free for 14 days.
9. Sell things you no longer need
Selling your stuff is one of the easiest ways you can make extra money to help you get closer to achieving your financial goal. It also plays double duty in helping you to declutter and get organized. My sister and I recently went through our closets and sold some of our clothing and accessories. This was a great way to earn some extra cash.
Many of us can easily find at least $100 worth of items we don’t use. You can choose to sell these items by having a garage sale, or posting these items on Craigslist, eBay, Amazon, Kijiji, or local Facebook groups. Just make sure to take good photos, provide detailed descriptions of the items you’re selling, and use discretion before giving anyone your address or meeting them in person.
10. Take on extra work
Making extra money each month can be a great way to help boost your savings and reach your financial goal. For some people, earning more money might mean working overtime or taking on extra shifts. If you have a salaried position, I recommend doing a side hustle, such as freelance gigs, or starting your own side business.
Other ways to earn extra money include doing odd jobs such as babysitting, pet sitting, house sitting, becoming an Uber driver, tutoring, consulting, mowing the lawn, or event planning.
I hope this list has given you some helpful ideas for you to complete the 30 Day Money Challenge. Imagine having an extra $500 in your savings account! Stay focused on your goals, create and action plan, and make it happen!
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30-Day Money Challenge
Save nearly $500 with this fun money challenge. Get your free printable worksheet now!