Money Saving Challenges: Find One That Fits Your Goals
Want to save more money but need a little help staying consistent? A savings challenge can make reaching your financial goals feel more manageable. Whether you’re saving for an emergency fund, a vacation, or simply want extra money in the bank, there’s a challenge to suit your budget and lifestyle.
Explore different money saving challenges, compare how much you could save, and find free printable trackers to help you stay on track.
Latest Savings Challenges and Free Printables
Find a Savings Challenge That Fits Your Goals
Not sure which savings challenge to try? Start by comparing how each one works, how much you could save, and how long it takes.
| Savings Challenge | How It Works | Potential Savings | Duration |
|---|---|---|---|
| 52-Week Money Challenge | Increase your savings amount each week. | $1,378 | 52 weeks |
| 50 Envelope Challenge | Save the amount written on each envelope. | $1,275 | Flexible |
| $5 Savings Challenge | Set aside $5 whenever you can. | Depends on deposits | Flexible |
| Biweekly Savings Challenge | Save a set amount every two weeks. | Depends on your target | 26 deposits |
| $100 a Week Challenge | Put aside $100 every week. | $5,200 | 52 weeks |
| $1,000 a Month Challenge | Set aside $1,000 each month. | $12,000 | 12 months |
| No-Spend Challenge | Avoid non-essential purchases and save what you would have spent. | Depends on spending habits | Flexible |
Money-Saving Tools and Calculators
50/30/20 Budget
Split income into needs, wants, and savings.
70/20/10 Budget
Allocate income to needs, savings, and debt or giving.
Zero-Based Budget Calculator
Assign every dollar of your income a purpose.
60/20/20 Budget
Split income into needs, savings, and wants.
30/30/30/10 Budget
Split income into housing, living expenses, financial goals, and personal spending.
40/30/20/10 Budget
Automatically breaks down your after-tax income: 40% needs, 30% wants, 20% savings, and 10% giving.
Goal Savings Calculator
Calculate how much to save each month to hit your goal.
Emergency Fund
How much to save based on expenses and months of coverage.
Retirement Spending
See how long your retirement savings could last, based on how much you plan to spend, save, and when you plan to retire.