How to Save Money This Year

how to save money

What would you do with an extra $1000 or an extra $3000 this year? Follow this easy plan to learn how to save money!

No matter what anyone says, saving money is no easy feat. But, one of the best ways I found to save money is to make it easy by having a plan to follow, and make it fun by doing a challenge.

Whether you want to save money to go on a vacation or you’re trying to pay down debt, an extra $1000 or $3000 at the end of the year is a nice chunk of change to get you closer to achieving your financial goals.

Money continues to be the leading cause of stress in America. A plan of how to save money can help alleviate that stress.

Health is more than what is on the end of your fork.  Our mental health is just as important as our physical health.

Stress can lead to many health problems and can effect your thoughts, your feelings and your behavior.

Giving yourself a nice cushion in the bank can remove a tremendous amount of stress when it comes to money.

Follow one of these two plans that gives you the option of how much money you want to save.

The 12 Month Money Saving Challenge will give you the tools you need to get on track to achieving financial freedom.

How I Learned to Save Money

Quite a few  years ago my husband and I attended a class by Dave Ramsey called Financial Peace University.  It completely changed the way I looked at money!

These classes are offered in communities all over the United States if you search the internet for your area.

But if you don’t have access or time to attend a class I HIGHLY recommend reading the book “The Total Money Makeover” by Dave Ramsey.  A workbook is also available along with the book to help keep you on track.

This book can help get you on the road to financial freedom and understanding money.

One of my favorite quotes by Dave Ramsey is “Tell your money where to go instead of wondering where it went”.


How to Save Money – 12 Month Saving Challenge- $1050 saved!

One of the biggest reasons why people have trouble saving money is because they don’t have a clear goal in mind.

Not having an end goal in sight is a surefire way to lose the motivation you need to save money or pay off debt.

If you follow my savings plan listed you will save $1,050 in one year!



how to save money this year


Finance is just like Fitness – you have to STICK WITH IT to see results, sometimes they don’t come as quickly as you would like but if you stick with it a year from now you will be amazed at what you accomplished!

You can start this at the beginning of the year or, if you happen to read this post and it’s already been 6 months, pick up wherever you can.  If you don’t start, you will have nothing.

Some money saved is better than no money saved, so at least do what you can!

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How to Save Money – 12 Month Saving Challenge- $3020 Saved!

If you follow this money saving plan you will save $3020 in one year!

How to save money this year



The monthly amount may sound like a lot at first but there are ways that everyone can cut back!

Below are a few examples to look over when you’re thinking of how to save money:

  • Prepare dinner at home instead of going out to eat
  • Do your own nails instead of getting them done
  • Watch a movie at home instead of going to the theater
  • Make your own coffee at home, skip Starbucks
  • Cancel your cable-get an Amazon Firestick, Netflix or Hulu instead, or do away with TV in your house for a while
  • Sell things you don’t use/need
  • Or, find a way to make some extra money and put it away!


I challenge you, if you have more money to put away – double either of these saving plans.  If you REALLY can’t make it work (I mean REALLY, not just that you don’t want to give up your Starbucks or nails) then half the amount listed on either plan.

Again, some money is better than no money. But do your best to set a big goal and go for it!

How to save money- paying bills quote


There is so much peace in knowing you have money in your savings.  The effort it takes to save money is worth it!!  Having financial freedom will allow you to really enjoy life!

What will you do with your extra $1050 or $3020 that you save this year?


Disclaimer/Disclosure: This post may contain affiliate links. Read more about my disclaimer and disclosure here.


Let me know if you are taking the 12 month money saving challenge!  Part of getting started is saying it out loud so you are accountable to yourself.  


Learn how to save money this year.  Use this easy to follow plan to save $1000 or $3000 this year to put money in your bank account and peace in your mind.

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