November Money Contest: Reward Yourself (With Savings)

November has arrived, which means it’s time for a new monetary challenge to the brand. This month we want you to reward yourself – with your savings, of course.

This is how it works. First, choose a goal you’re aiming for, whether it’s writing a book, trying to quit smoking, or going to the gym . Then, every time you work towards that goal and make progress, “pay” yourself a certain amount of money based on your budget.

It could be a dollar; it could be twenty dollars. For example, let’s say your goal is to exercise more, which means that you go to the gym three times a week. Every time you do this, promise yourself to pay $ 5. By completing this task, you will not only work out your habits, but you will also earn extra money. (Just in time for the holiday.)

This month’s challenge is also a great way to get started with your New Year’s decision. And there are applications that can help with this task too. For example, the Tip Yourself program is designed for this purpose. When you’re working towards a goal, just pull out the app and tip yourself a few dollars. The Qapital savings app can even communicate with IFTTT to make the process automatic.

If you accept our challenge, please let us know:

  1. What is your goal and what do you plan to do daily, weekly, etc. to achieve this goal.
  2. How much do you plan to pay yourself each time you strive towards your goal.
  3. How much do you hope to receive by the end of the month.

As always, we will be back at the end of the month. Happy Savings!

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