Are you really saving money? – My Saved Savings Challenge for 2015

In 2014 I saved hundreds, maybe even over a thousand dollars. Yet strangely enough my bank account doesn’t reflect it. Where did it all go? Probably my random shopping sprees, or splurging on a new gadget, cocktails with friends. I earned it right? After all my hard work finding creative ways to “save” that money.

The ways to spend savings are truly endless. So did I save anything? Probably not. I was too busy rewarding myself for a job well done, that I didn’t realize what that money could do. Wouldn’t you rather have a nice vacation, or a trip to catch up with friends than an impulse purchase? I definitely would!

I previously posted about not wanting to have a new years resolution. A Break Up Letter to my New Years Resolution However, I love a good challenge. In 2015 I am opening a “Saved Savings” account. Anytime that I save money in 2015 I will put that amount into the account. Something as small as saving 50 cents with a coupon, to lowering my insurance rate will be contributed.

I don’t know what I plan to do with these savings when it’s over, hopefully kickstart an investment fund, but I do know I will be able to tell people exactly how much I saved in 2015 and where it went.

Please join me and share your results. You can find mine under My Piggy Bank on a monthly basis. Pennies add up to Possibilities… which is something we could all use more of!



  1. This last year I tried to save and actually did a pretty good job. Every time I got to $1000 (on top of my emergency fund) I put it toward my student loans. This year I’m going to work on tracking my savings better so I can better identify where I can still cut costs. I really like the idea of putting any money you save on anything (coupons, buy one get one, etc) directly into savings. Because usually, if I get a deal, I think “yay! I saved!” when really I just spent less on one thing and will end up spending it on something else.

    Liked by 1 person

    1. I would love to make a $1,000 payment on my student loan. How inspiring! Thanks so much for sharing.

      Liked by 1 person

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