Sometimes seeing is believing.
I think that phrase is especially true when it comes to saving money. Between the rising costs of food and fuel, it can be incredibly challenging to put aside money for the future.
I’ve found that using visuals can help you save. Here are some ideas:
Post it where you can see it.
Put a picture of what you’re saving for on your fridge. Write a Post-It note to yourself and put it with your wallet. Use a dry erase marker and write a note on your bathroom mirror. Seeing your saving goal in prominent places will remind you of your goal. It will help you resist those little temptations that threaten your long-range plans.
See how your savings measures up.
You know how fundraisers use those little thermometers to show how much they’ve raised for their cause? Well, you can create your own savings meter online or use a paper and pen. Display it where everyone can see it.
Look at your records.
You should be looking at your statements and records regularly, already, but when I’m feeling like I’m not getting ahead, I make a point to look at my bank account from a year or two ago and compare it with today. I also use budget tracking software to help me keep an eye on my savings. Seeing how far you’ve come can be very motivating to keep going.
Fill a jar.
Get a big empty glass jar (apple cider jugs work great), and throw all of your spare change in it. It can be very satisfying to watch that jar get full.
Use a calculator.
Use an online savings calculator to show the growth of your savings over time. A good online savings calculator can help you visualize how your savings will grow over a period of time. Seeing that your efforts will pay off makes the task easier.
What are some ways you keep motivated when saving money?
This post is a part of Women’s Money Week 2012. For more posts about saving and investing, Saving and Investing Roundup.