5 Fun ways to save money

Here are 5 ways to save money. You will have access to 3 free printables. They will help you keep track of your savings and it will make it a lot more fun.

1.Save $800 in 20 weeks

You can click below and download this printable. You just need to mark off the amount as you go!

Click here to download it.

2. Save $1,820 in a year!

This is one of my favourites. If you save 5 dollars every day, at the end of a year you’ll be left with $1,820! It could be your emergency fund, for example.

3. The $120 Challenge

Every month put away 120 dollars and at the end of a year you’ll have gathered 1,440 dollars!

4. 12 week challenge

Save $300 with the help of this printable. You just have to download it. Have fun!

Click here to download it.

5. Save $1,270 in 6 months

With the help of this printable, at the end of 24 weeks you’ll have 1,270 dollars to spend on whatever you want.

Click here to download it.

I really hope you enjoyed this blog post, it was so fun to make these printables for you. Thank you so much for reading it, I’ll see you in my next post.

How to budget your income

1. Taxes, how much you’ll have to pay
In some countries taxes are deductible before you get your income and in others you’ll have to pay it yourself. How much you’ll pay will depend on your situation.

2. Make a list of your monthly obligations
Figure out how much you’ll spend on rent, bills, monthly subscriptions, etc.

3. Make a list of your monthly needs
Write down every single need that you have every month. For example: your hygiene items, household products, food, medicine you might need, etc.

4. Budget your income 
4.1 Start by subtracting your taxes and your monthly obligations to your income. Then split that amount by 2. One half will go to savings and the other will be the amount you’ll use for the month.

4.2 Now that you know exactly how much you can spend during the month, you can start budgeting. 15% of that amount will be your “fun money”. You get to use it for things that aren’t a necessity but will bring you happiness! For example, use it for going to the cinema, buy that makeup that you wanted, etc.
The rest, the remaining 85%, will cover the list you made prior: your necessities.
Tip: try to be under budget on the last segment, you’ll get to use the money for savings or for other fun moments.

Thank you for reading this and I’ll see you in my next post.