You might remember me posting about saving up around $500 in time for Christmas on my Instagram stories, and a lot of you were excited to join me. With Christmas approaching rapidly in about 7 weeks, most of us are looking for ways to save up money in time to splurge a little.
Unfortunately, getting gifts and presents can be expensive- but you can save up enough money (or more) if you start saving up! If you find it difficult to save $500, I have outlined tips and tricks to help you out.
Start The $5 Saving Plan!
A super easy and fun saving plan is the $5 one. In this, all you have to do is get a mason jar or a piggy bank and put $5 in it, that’s it! Do this every time you have a 5-dollar bill. In no time, you’ll meet your goal. Don’t really carry cash? Set up an automatic transfer on a schedule and have $5 transferred to your savings regularly.
Make Room for All the New Stuff
Hands down, one of the quickest ways to boost your Christmas account is to get rid of your old stuff. Look around your house for anything you can’t or won’t use and get to selling online or sell to a consignment shop. With a bit of creativity and photography, you’ll eliminate any clutter, make room for new stuff and earn money.
Cut Your Food Bill
Often, we don’t realize how much we end up spending on food by eating out. So, for the next couple of weeks, try to eat out less and save that money up little by little. You can also cut on your grocery bills by using coupons, buying on sale, or choosing generic.
Want to notch it up a little? Get on board and try to match your actual savings to what is suggested in this challenge, and you can easily save $500 by the time you’re done.
You can also track your savings, so grab our tracker and printable below!
