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Cash-Saving Problem: 30 Varieties For Each Character in 2022

On the subject of saving cash, whether or not it’s for a short-term objective, equivalent to a visit, or for a long-term one, equivalent to a retirement fund, there are lots of budgeting methods to select from. Beginning a money-saving problem is usually a good technique to economize whereas being motivated to achieve a objective and have enjoyable.

Nonetheless, not all challenges match each cash persona sort. Whether or not you’re a self-motivated employee, an expertise seeker, a problem skilled, or a versatile explorer, on this complete information, you’ll be taught what budgeting challenges suit your persona essentially the most. Let the challenges start!

What Is a Cash-Saving Problem?

Cash-saving challenges are budgeting challenges to encourage spenders to realize a sure monetary objective in a artistic means. Whether or not that’s saving large or altering a monetary behavior, cash challenges might help you hold monitor of your spending and set small achievable targets.

Saving challenges are usually not solely enjoyable, however additionally they enable you begin a behavior of saving persistently, find out about your monetary targets, monitor your price range, and enhance your private funds.

Find out how to Select a Cash-Saving Problem


Four illustrations, inspired by Mario Kart characters, underscore different money personality types to help determine what money-saving challenge is most fitting for your personality.


Yow will discover loads of money-saving challenges on-line, however it’s necessary to choose one that matches your price range targets and life-style. Selecting a problem that matches your persona sort may make it simpler to finish and obtain your cash targets.

  1. Step one is to discover out what your persona sort is, which you are able to do by taking a persona evaluation, such because the Myers-Briggs 16 MBTI sorts.
  2. As soon as you discover out your Myers-Briggs sort, cross-reference with Mint’s cash persona information to decide your cash persona sort:
    • Devoted Steward
    • Smart Analyst
    • Wealth Builder
    • Daring Explorer
  3. The subsequent step is to resolve what your money-saving targets are. Learn how a lot cash you wish to save and the way a lot time you could have by your dwelling bills and present financial savings.
  4. Lastly, navigate by means of our information that’s divided by persona sort to decide a problem that matches each your persona and saving targets. You’ll be able to all the time decide a problem from one other persona sort in the event you really feel it resonates together with your targets higher.


Cash-Saving Challenges for Devoted Stewards

Devoted Stewards are sensible and self-motivated employees who search safety and security. They take occasional dangers and like to set smaller and real looking monetary targets, and so they additionally prefer to
plan for the longer term and the sudden. The Myers-Briggs forms of Devoted Stewards embrace:

  • ISTJ: The Analyst
  • ISFJ: The Protector
  • ESTJ: The Organizer
  • ESFJ: The Supporter

1. 52-Week Cash Problem

In order for you a simple problem to start out with, the 52-Week Cash Problem is a versatile problem that doesn’t require some huge cash or effort. On this saving problem, your objective is to deposit an rising amount of cash each week till you save $1,378 on the finish of week 52. The greenback quantity you save each week corresponds to the week of your problem.

2. Maintain All of the Change Problem

It’s all the time a enjoyable shock if you stick your hand in your pocket and discover some change. However what in the event you may see all of it stacked up in a single place? Everytime you encounter some further money round the home or if you obtain change from a retailer, hold it in a jar. Each penny counts!

3. Money Just for a Month Problem

At all times tempted to purchase issues you may’t essentially afford? Be a part of this month-to-month financial savings problem of carrying solely money if you buy groceries, so you may solely spend what you could have readily available. Simply don’t make this an excuse to withdraw your entire paycheck when going out.

4. 26-Week Financial savings Problem

In the event you receives a commission biweekly, this problem might be a good way to match your paycheck together with your financial savings plans. On this money-saving problem, you’ll save in increments of $3, beginning on the primary week with $3, on the second $6, on the third $9, and so forth. Each time you obtain your paycheck, switch the corresponding quantity to your financial savings till you attain week 26, if you’ll deposit $78 to complete $1,053.

5. Penny Financial savings Problem

You don’t should be a penny pincher to hitch this problem, however in the event you’re nonetheless a fan of paying with money, this cash problem is for you. The Penny Financial savings Problem is much like the Maintain All of the Change Problem, however as a substitute you’ll add solely the pennies to your jar. Seeing the jar refill will present you that each penny counts and you’ll add all of it to your financial savings when it’s about to overflow.

6. 30-Day Minimalist Way of life Problem

In the event you typically end up taking place the rabbit gap of minimalist life-style movies however don’t know the place to start out, embark on the 30-Day Minimalist Way of life Problem to encourage you to alter your life-style whereas de-stressing and saving cash. For 30 days, observe the minimalist life-style suggestions and begin training minimalism that can assist you construct higher cash habits.

7. $1 Invoice Save Problem

Are you a fan of the envelope budgeting system? Add one other envelope to your stack and be part of this problem to make use of it for one thing enjoyable on the finish of the 12 months. This problem is easy — each time you get a $1 invoice as change, add it to your envelope for further financial savings. In the event you favor to avoid wasting paper or spare an envelope, you can too add it to a financial savings jar or piggy financial institution.

Cash-Saving Challenges for Wealth Builders

Wealth Builders are simply impressed and worth experiences over sustaining the established order. They take pleasure in celebrating small victories and linking monetary targets to their very own monetary values. They don’t spend an excessive amount of time analyzing and like to take motion to plan out their subsequent steps. The Myers-Briggs forms of Wealth Builders embrace:

  • INFJ: The Visionary
  • INFP: The Helper
  • ENFJ: The Chief
  • ENFP: The Dreamer

8. Vacation Reward Problem

Wouldn’t or not it’s good if Santa purchased all of the presents on our purchasing checklist? In the event you really feel such as you’re struggling to search out funds to afford presents for the household on the finish of the 12 months, make it a problem to contribute a small quantity to your vacation fund each week. Initially of the 12 months, tally up all of your vacation spending from the earlier 12 months and work out how a lot you would need to save every week to achieve your objective quantity.

9. Pay Your self When You Make a Cash Mistake Problem

All people makes errors, however how a lot cash would you could have in the event you paid for each mistake you made? This cash problem is to not encourage you to make errors, however you may be part of it by including funds to your financial savings each time you make a monetary mistake, equivalent to impulse purchases or paying a invoice late. On the finish of the day, this problem is usually a win-win — you both make fewer errors or save extra money.

10. 26-Week Biweekly Financial savings Problem

If including funds to your financial savings for a cash problem day-after-day or each week feels like plenty of work, doing it biweekly would possibly work higher for you. Within the 26-Week Biweekly Cash-Saving Problem, it can save you $1,404 in a 12 months by depositing an rising quantity each different week. Begin with $4 on the primary week and $8 {dollars} on the second. Add $4 further to the quantity each two weeks till you deposit $106 on week 26.

11. Cash Throwdown Problem

Pleasant competitions might be enjoyable and motivating. In the event you want a associate to maintain you on monitor, problem a buddy or member of the family to the Cash Throwdown Problem. The foundations for the problem are as much as you to resolve, equivalent to seeing who can save $1,000 the quickest or who can save essentially the most for six months. Have fun your earnings by going out to eat together with your problem associate and plan what you’ll do with the financial savings.

12. Financial savings Fever Problem

Are you a fan of DIYs? On this money-saving problem, you may summon your artistic expertise and create a financial savings thermometer. Use a chunk of paper or cardboard to attract a thermometer and write down your financial savings objective on the very prime. For every temperature, checklist a smaller saving objective and shade it in as you attain every goal. Though nobody desires to have a 3,000-degree fever, this can be a versatile and enjoyable problem for each price range.

13. Vacation Helper Fund Problem

Budgeting for the vacations might be robust amidst all the celebration planning, however saving small increments all year long might help you get a price range in place by the point December rolls round. Make it a problem so as to add $20 to your vacation price range fund each week or each different week to have sufficient for presents or an end-of-year trip with the household.

14. 3-Month Financial savings Problem

In the event you’re searching for a cash problem that doesn’t final all 12 months, the 3-Month Financial savings Problem might help you save $1,008 in simply 90 days. To hitch this problem, set a reminder to deposit $84 each week for 12 weeks. You can also make issues simpler and your financial savings larger by setting automated transfers to a high-yield financial savings account.

Cash-Saving Challenges for Smart Analysts

Smart Analysts are pushed by pondering and lead with mind whereas looking for to enhance their scenario. They take pleasure in setting clear monetary targets and keep on monitor with automated funds, remaining affected person in relation to outcomes. In different phrases, they’re constructed for challenges, particularly money-saving challenges. The Myers-Briggs forms of Smart Analysts embrace:

  • INTJ: The Strategist
  • INTP: The Thinker
  • ENTJ: The Planner
  • ENTP: The Inventor

15. No Spend Problem

We’re all responsible of filling our carts with issues that may most likely gather mud. In the event you really feel such as you’re spending so much on nonessentials, make it enjoyable by attempting the No Spend Problem. On this money-saving problem, you’ll remove discretionary spending altogether. It’s also possible to resolve on sure classes to keep away from shopping for, equivalent to garments or takeout.

16. 356-Day Nickel-Saving Problem

Get your large jars prepared. On this enjoyable money-saving problem, your objective is to economize in increments of 5. Begin on day one with a nickel, including two nickels to your jar the following day, then including 15 cents on day three, and so forth. Maintain this going till day 365, if you’ll deposit $18.40 in your jar. If a nickel doesn’t sound like a lot, wait till you see that your large jar may have saved you $3,339.75 on the finish of the 12 months.

17. Climate Wednesday Problem

As an alternative of sporting pink on Wednesdays, why not get monetary savings? On this financial savings problem, each Wednesday you’ll add cash to your financial savings account — however there’s a twist. Earlier than including cash, test the climate channel for the very best native temperature and match that quantity so as to add to your financial savings. Now sporting your pink outfit when it’s 83 levels outdoors is even higher if you’re saving $83.

18. Trim 1 % of Your Wage Problem

As scary because it sounds, trimming 1 % of your wage doesn’t imply you’re working for much less. This budgeting problem works for each price range and is usually a good method to construct financial savings. Calculate 1 % of your yearly wage and discover methods to chop your spending by that quantity. You’ll be able to have a look at your subscription providers or grocery payments, for instance, and see how one can deliver your price range down to finish up with 1 % of your wage as a bonus.

19. Spherical Up Cash-Saving Problem

Ever marvel why costs normally finish with .99, .79, or .88? It’s a psychological technique to make it look like the value is decrease. In the event you like to avoid wasting, make the most of this technique and be part of the Spherical Up Cash Problem by rounding as much as the closest greenback and including these cents to your financial savings. For instance, in the event you make a purchase order of $2.79, spherical it as much as $3 and add $0.21 to your financial savings. Some banks will can help you do this, however there are additionally apps that make it simple so that you can do it.

20. 30-Day Meal Planning Problem

Beginning with small steps could make it simpler to start out constructing optimistic habits. If you wish to cut back your grocery payments and the variety of occasions you eat out, plan your meals for 30 days and have your meals packed for every day of the week as a part of this problem. On the finish of this budgeting problem, evaluate your financial savings to a earlier month the place you ate out extra typically, and use it as motivation to maintain the problem going for the next months.

21. Expense Monitoring Problem

In case you are struggling to maintain up together with your bills, this problem will enable you construct a behavior of monitoring your bills so you may turn out to be extra financially savvy. Use this budgeting problem as a chance to start out monitoring your bills by writing down and categorizing your bills for at the very least a month. In the event you can hold the problem going for over a month, it is possible for you to to see the place you may trim again your bills and save extra money. For a foolproof means of monitoring your bills, the Mint app makes it simple to achieve your targets with customized insights.

22. 100 Envelope Cash Problem

Acquired a stack of envelopes however don’t know who to write down to? This cash problem will handle that. Seize 100 envelopes and quantity them from 1 to 100. On daily basis or week, seize a random envelope and insert the amount of money based on the quantity on the envelope, and set it apart. So in the event you seize envelope 38, you must add $38 to the envelope, serving to you save $5,050 on the finish of the problem. In the event you nonetheless have some envelopes left after you end the problem, you may write to a buddy and allow them to understand how a lot you saved.

Cash-Saving Challenges for Daring Explorers

Daring Explorers are fast and versatile thinkers who take pleasure in experimenting with their many passions. They keep away from impulse purchases and set strict saving tips with the intention to decide to long-term plans, and so they take time to research large choices and keep away from indulgent purchases. The Myers-Briggs forms of Daring Explorers embrace:

  • ISTP: The Experimenter
  • ISPF: The Artist
  • ESTP: The Threat Taker
  • ESFP: The Socialite

23. Pantry Problem

Bored with spending cash consuming out or seeing your grocery payments stacking up? Problem your creativity in a quest to eat as a lot of the meals that you have already got in your own home as you may before you purchase extra groceries. By doing little to no searching for further elements, that is your likelihood to start out meal planning and cut back waste. You may need to give you some loopy — however nonetheless scrumptious! — recipes for this saving problem.

24. Kick a Unhealthy Behavior Problem

Scuffling with a nasty behavior and saving cash? This problem takes care of each. It doesn’t matter what dangerous behavior you could have — smoking, consuming plenty of soda, or spending an excessive amount of time on TikTok — it might be retaining you away out of your monetary targets. Kick your dangerous habits and reward your self with the cash you’ll be spending by including it to your financial savings as a substitute. Simply don’t spend your reward on new dangerous habits.

25. $5 Invoice Financial savings Problem

Just like the $1 invoice problem, this budgeting problem will nonetheless enable you get monetary savings with out a lot effort. Any time you obtain a $5 invoice as change or when withdrawing cash on the financial institution, save the $5 payments in a secure spot. Test how a lot you saved after a few months or problem your self to do it for an entire 12 months.

26. Discover Additional Cash Problem

In the event you suppose you by no means have extra cash after paying your month-to-month payments, you won’t be wanting in the suitable place. Get artistic with the Discover Additional Cash Problem and do a sweep round your own home for any spare change you may need forgotten. Look in each pant and jacket pocket, between sofa cushions, and your junk drawer. Is your house spick-and-span? You’ll be able to create extra cash for your self by making it a objective to spend lower than your price range and including the additional cash to your financial savings, or decluttering your house and promoting objects you don’t use anymore.

27. Espresso Break Problem

Need to in the reduction of in your bills however can’t appear to cease your espresso runs? This financial savings problem will get you motivated to make your individual espresso at residence whereas constructing your financial savings. Every time you make espresso at residence as a substitute of going to a espresso store, deposit $2.75, or the quantity you’ll have spent in your espresso, right into a jar or straight to your financial savings account. Whether or not you could have nice barista expertise or prefer it easy, espresso tastes higher if you’re saving.

28. Cancellation Problem

Free trials are nice once we wish to watch a film however aren’t able to decide to a subscription. However what occurs if you neglect to cancel the trial earlier than it ends? With subscription providers rising in popularity, it may be simple to lose monitor of your spending. Be a part of the Cancellation Problem by taking a while to judge all of your subscription providers, cancel any that you simply haven’t been utilizing, and switch the cash you’ll have spent on them to your financial savings.

29. 12-Week Cash-Saving Problem

In the event you want cash to purchase a present for a member of the family or get monetary savings for a dream journey, however you don’t have a lot time, the 12-Week Cash Problem is usually a good start line. On this problem, you’ll begin with $10, and every week the deposit will increase by $10. Once you get to the twelfth week, you’ll deposit $120 to complete your problem with $780 saved up.

30. No Consuming Out Problem

Consuming out might be tasty, enjoyable, and doesn’t go away soiled dishes in your sink — however it does soiled up your bank card assertion. In the event you like to dine out however wish to get monetary savings for one thing else, trying this money-saving problem is usually a great way to economize and brush up in your cooking expertise. Since getting ready your individual meals might be cheaper, attempt to see how lengthy you may go with out consuming out or ordering takeout and benefit from the style of your individual cooking — and financial savings.

When to Begin a Cash-Saving Problem

Most money-saving challenges don’t have a set start line. Whether or not you resolve to start out on the primary day of the 12 months or in your birthday, modify the problem based on your financial savings targets and timeline. Take into accounts your schedule and present financial savings when deciding on the very best time to start out.


Four illustrations accompany tips for how to be successful when attempting a money-saving challenge.


The Backside Line

Budgeting might be simpler if you’re having enjoyable. Making an attempt a money-saving problem might help you get one step nearer to your monetary targets and enable you construct higher saving habits. Whether or not you end a problem or resolve to strive a unique one, it is possible for you to to be taught extra about your cash persona and spending habits.


An infographic overviews what is a money-saving challenge, plus types of money-saving challenges to choose from depending on your personality type.
Sources: Myers-Briggs



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