How I saved $1,500 in one year (savings challenge!)

by Alexandra Weisser in Money / 10 Comments

Click to download your FREE savings challenge to save $1,500 this year!

There’s a few ways to make your money work for you, and one of them is saving and investing! Last year I saved a total of $1,500 by saving a little every few weeks. The amounts got larger as the year went on and by the end of the year, I was the proud owner of a savings account with $1,500 (plus the interest it earned!)

I embarked on a semi-monthly savings challenge in January of 2016. My company pays us twice a month, so a semi-monthly savings challenge seemed ideal for me. You can also take the challenge weekly or monthly if you prefer, or get paid on that type of schedule. All I had to do was deposit the scheduled amount in my savings account according to the schedule, not withdraw any funds, and watch the money grow!

If you are looking for some other ways to save money, check out these five easy ways to save money or my three millennial money mantras!

So what will you do with your $1,500?!

(I totally spent mine on an all-inclusive vacation!)

Sign up below to receive the savings challenge direct to your inbox!



P.S. Did you like this post? Share it with your friends using the share buttons to the left or below! You can also schedule this pin directly to Pinterest using Tailwind, an automated pinning service that I have been using and absolutely love. Try it for FREE using my affiliate link! I love it so much, I subscribed for a year of UNLIMITED pins. Subscribe through my link and you’ll get one month free on me. Awesome!

Click to download your FREE savings challenge to save $1,500 this year!

10 responses to “How I saved $1,500 in one year (savings challenge!)

  1. This is a good example of how pay yourself first can work. Congratulations and thank you for the reminder that I can save more too. Keeping getting the word out. People need to hear this stuff.

  2. Ola

    This is a great challenge. I have a semi-monthly savings program that I follow too. It’s amazing how quickly it adds up.

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