When it comes to savings, it’s often you against you. Hindi mo kailangang maramdaman na you’re missing out on life, even when you’re saving up for your goals like a home, an emergency fund, education, or travel. It’s what we call SWOMO, or saving without missing out.
Plus, it can be fun! Kung competitive ka or just looking for a different way to save, these three ipon challenges can help you boost your savings. For added motivation, pwede mong i-attach sa isa sa mga goals mo ang maiipon mo dito, at make sure na may dedicated savings account ka para ma-track mo ang iyong progress.
Challenge 1: Buy One, Save One
Your challenge: Every time you buy something non-essential, magtabi ng katumbas na amount para sa iyong savings.
What you need: Self-discipline. Keep yourself accountable with depositing to your savings account every time you make a non-essential purchase.
Sabi nga ng mga financially savvy: “If you can't buy it twice, you can't afford it.” This challenge takes that literally, para maipon mo ang excess income mo for a greater goal. Plus, it helps you think twice about what you’re buying and make sure that you can actually afford it.
Challenge 2: Loyal-to-My-Savings Rewards Program
Your challenge: Complete savings missions to unlock a few big rewards each month.
What you need: Your DIY loyalty card, savings missions, and your reward. Use the card below as inspiration to make your own.
Instead of the loyalty programs at stores and coffee shops, why not have a loyalty program for your savings goals? Sa personal version mo, kailangan mong gumawa ng DIY “loyalty card” at maglista ng mga savings missions, at katumbas na reward pag na-achieve mo ang mga ‘to.
Whether it’s as simple as less coffee dates, or big like swapping your favorite brands for cheaper options, every mission accomplished is a win.
Challenge 3: Reward Good Deeds
Your challenge: Pay yourself every time you do a good deed for your family, community, or yourself.
What you need: Gumawa ng “menu” with all the good deeds you want to achieve at mag-set ng reward value per good deed. Use the design below as inspiration to make your own.
Mayroon ka bang good habits na gustong i-build o matagal nang naka-pause? Reinforce your good deeds by rewarding yourself! Ilista lang ang mga good deeds at habits mo at ilagay kung magkano ang kaya mong i-commit para sa bawat isa.
Pwede mo rin ‘to i-customize ayon sa purpose ng deeds (for family, community, or self), kung gaano kadali itong gawin (small acts of kindness, big gestures), atbp. After every successful task, just transfer the corresponding amount to your savings account and watch both your good deeds and savings multiply!
Aling challenge ang gusto mong i-try? Or maybe you can try one challenge each month para never maging boring ang pag-iipon.
Ang goal is to make sure you can save without feeling like you’re missing out on life or depriving yourself. Anuman ang mapili mong challenge, don’t forget to have fun!
Learn how to be smarter with your savings by reading Chapter 4 of our free Earnest E-book. For more financial tips, follow @earnestph on Instagram and TikTok.
Disclaimer: This article is for general information purposes and does not constitute formal financial advice. Always do further research before making financial decisions and seek professional advice from a certified personal finance counselor. For more information, read the Earnest disclaimer here.
