Having a regular schedule and routine in life has numerous benefits, but living can sometimes be a little boring. Life experiments are what makes our lives exciting and keep us thinking outside the box.
Experimenting with various tasks each day can improve the workday, and can also help you know where you can make adjustments in your current circumstances.
Learn more about the benefits of life experiments and view examples of excellent ones to try yourself!
What can life experiments do for you?
But first, how can life experiments improve your life? What could they do to benefit you? Take a look at some of the amazing things which can happen because of these experiments.
Life experiments help you learn new things
Life experiments will teach you new behaviors and habits. The focus is on learning and personal growth, so you will have the chance to make discoveries about who you are and who you want to be.
They also enable you to come up with creative concepts to enhance your financial, emotional, and physical well-being generally.
Life experiments help you discover what works best for you
It’s possible to not be aware that something works well or poorly for you until you try it for yourself. If you try out a free trial, you can assess if you enjoy a particular activity and want to continue or if you would like to go back to how things were previously.
It’s not always about changing your behavior; it’s about discovering if what you are doing already is correct or not.
Life experiments help you save money
Depending on the experiment’s focus, you can potentially save a lot of money when trying out one. You might form money-saving habits or find new ways to manage your finances.
Money life experiments are beneficial for learning about your finances and gaining a better understanding of your money situation.
Life experiments teach you how to improve your finances
Not only will you save money, but through learning and acquiring new financial skills, you can make your budget much better. By teaching yourself about finances, you may discover methods to avoid wasting money and increase your wealth significantly. You may be surprised at the discoveries you can make.
29 Life experiments to create a better financial future
Here is your chance to improve your finances by doing a number of fun tricks. Not to mention other aspects of your life!
1. Stop buying coffee and make it yourself
This suggestion might sound familiar, but it does get overlooked. Getting coffee while out is a great idea. Therefore, you may learn how to order your non-fat-portion-of-sugar-half-fat-extra-foam-dairy-free-soy-vanilla-cappuccino, but there are other options.
Coffee is pricey, and you might be able to have an additional $100 per month. The price of a cappuccino can be up to $5 in some cities.
For the life experiment, stop buying coffee and make it yourself at home for an entire month. See if your life and finances improve or die trying, and observe how you feel without purchasing coffee.
Does it matter? Do you want to continue it? Then set your budget according to your choices for the following month.
2. Try the 52-week savings challenge
To make this month-long savings challenge, you begin by saving $1 per week, then $2, and so on, up to $52 per week. This experience will help you save money if you need help.
It takes a year for participants to observe the ongoing cost savings from this program, and it isn’t hard to get started. The savings begin so small that you may not be aware that you are saving until the end of this trial.
You should have $1,378 by the end of the month, but you can add more toward your bi-weekly goal if desired.
3. Meal prep every week for three months
Meal preparation – the enemy of fast food and unplanned restaurant expenses. Not only can it save you a lot of money, but it’s likely to be healthier than eating out all the time.
To perform this experiment, prepare the breakfasts, lunches, and dinners you want to have per week. Then shop for ingredients and prepare all meals on the same day. This often involves preparing and cooking meat, cutting up vegetables, and arranging lunches.
You’ll know exactly what you are eating for the next three months, and you could save thousands of dollars.
4. Check your everyday budget for 30 days
Setting a budget and forgetting about it sometimes leads to success. This month-long experiment requires careful monitoring, though. Every day for a month, you check your budget to make sure you are on the right track.
Adjust your budget to match your desired financial goals if you are under budget in one category or over budget in another. Journal entries about your financial status may make you feel better.
At the end of the month, check to see if you like this close monitoring and notice if it is improving your finances.
5. Open a savings account and save your spare change
Spare change frequently gets lost in the shuffle, but small amounts can add up quickly. A dollar here and 0.25 cents there make a big difference over time.
Save all the change in your new jar each month. At the end of the month, drain the jar into a bank and add it to a savings account.
Run this operation for a year. You will have some savings by the end.
6. Only follow financial influencers on social media
Follow only social media influencers who post a lot about money, saving, investing, and other financial subjects for a limited amount of time. Try a week or a month to begin.
Listen to what these influencers say and try it for yourself to see if it affects your own finances. In addition, make a note of any modifications you make. At the end of the stipulated time frame, check to see if how you think about or manage money is different.
7. Take public transport or ride a bike one day a week
Gas for your automobile may be costing you! Especially if you drive every day. Choose one day a week to ride a bike, walk, or take public transportation. Do this for several months – try three.
This is a good day if you use your vehicle a lot to save on gas and auto maintenance. If your car costs decrease, consider it a fortunate coincidence. And biking or walking can make you feel physically stronger.
8. Exercise using YouTube videos instead of the gym
Gym memberships are convenient, but they can also be expensive. Cancel your membership and check out the (free) YouTube videos for exercise instead. There are numerous ways to stay healthy, including yoga and aerobics.
If you are not comfortable with spending an unlimited amount of money on gym memberships, cancel your membership for 3 months to gain insight into how exercising by oneself is less expensive. Then decide whether it is more likely to improve your health and save some money with your new method of exercising.
9. Read financial books on the weekends
Weekends provide a perfect opportunity to catch up on reading.
Set aside the novels and fiction books for now, and compile a booklist of finance writers. You could try this for a month or two, and see how much you can learn.
10. Pick a money topic to learn about each month and research it extensively
This is the ideal year-long experiment for learning about various money subjects. If you identify 12 topics that you are curious about, that is a good place to start. Each month, pick one topic and study all you can about it.
Read YouTube channels and books from the library, read blogs, and talk to your friends. The more you do, the brighter your future will become by the end of the year.
11. Trade one expensive hobby for a cheap one
Do you enjoy an activity that costs you quite a bit? Some examples of this could be dining out at expensive restaurants, taking expensive fitness classes, or buying a lot of media products, such as movies and tv subscriptions.
Opt for a less expensive hobby than an expensive one.
Instead of eating out all the time, learn to cook for free and whip up your own delicious dishes. Alternatively, you can start reading from the free library rather than purchasing videos.
Depending on how long this takes, you can miss your old hobby for at least three months or be content with the lower-quality alternative.
12. Prioritize your health
It is important to prioritize your health for a number of reasons, and it could also prevent you from incurring unnecessary medical costs down the road. Don’t waste a month on being healthy.
This can include drinking the right amount of water, eating nutritious foods, and prioritizing exercise. By the end of the month, how your body feels should be apparent to you, and hopefully, you will want to continue the healthy habits you have created.
13. Sell items you haven’t used in a year
Most people have a lot of items in their home that are not useful or are not used frequently. Go through one room of the house at a time to determine what to get rid of.
You could find many items for sale in your closet that you haven’t used in a year. You might discover appliances in your kitchen cabinets that are not even in the box. Sell these items and save your hard-earned money.
14. Put a set amount each month towards debt payoff for a year
Are you trying to pay down a substantial debt? This life experiment could help. Pick a sum to put toward debt repayment every month for a year.
Say, $300. Then every month, you’ll know that you’re saving money by prioritizing payment.
You can change the amount if desired. Perhaps you’ll begin with $300 and change it to $500 after a few months. The goal is to eliminate debt from your monthly budget.
15. Carry only one credit card and one debit card in your wallet
This is a very inexpensive practice that might save you some money. Select one debit card and one credit card to take along, and hide the rest in a protected area. To help you think carefully about expenses and not spend more, here is a list of things that you should refrain from purchasing.
Modify this text for a month and see if your spending habits change.
16. Invest $20 a week for a year
If you can get the $20 fee,-a beginner investor, it amounts to $1040 per year. And if the $20 fee is too great or too little, you can modify it to suit your needs and budget.
The objective of the life is to save and invest money if you have never saved or invested before or had difficulty with consistency. If you’d like to carry on with the experiment, try doing a second year’s investing after the first.
Use the following calculator to see how much money you can make with this investment!
17. Take staycations for a year instead of traveling somewhere far away
Everyone wants to take a vacation, but airplane flights, hotel stays, and restaurant bills can add up fast. For a year, forgo the extra cost of travel.
Instead of traveling to a different city for weeks or months at a time, consider spending your vacation time in your own home.
Stay home and enjoy your town’s attractions, staying in bed, reading, or just relaxing. If you frequently visit popular tourist destinations, you can save thousands of dollars.
18. Journal your feelings about money every day for a month
Money is complicated. We feel greater emotions for money than we want to admit to ourselves. You may feel frustrated, anxious, or even uncertain about money.
Assisting yourself financially by recording your thoughts for a short time each day for a month may help you to overcome old feelings that bring about feelings of anger or jealousy towards your finances.
19. Go natural with beauty products
Makeup and beauty products are often expensive. Often, you can substitute good alternatives for expensive items with what you already have at home.
Select to go natural with beauty products for a period of time between one month and one year, and observe whether organic or conventional products perform better. Note any savings you achieve by living a natural lifestyle and measure the results.
At the end of the period, choose if you desire this lifestyle or would still like to buy cosmetics.
20. Be makeup-free for a week
Going makeup-free is a drastic choice that can save you money in the long run. Go a week without wearing makeup and try out a makeup-free life.
If you want to stay makeup-free for longer periods, like your month or two months, you could save a significant amount of money by purchasing fewer of the makeup products you would normally purchase. If you use less, your makeup will likely last longer, and you might find that you like it.
21. No new clothes challenge life experiment
“A no new clothes challenge is an excellent way to save money on clothing. The way this challenge works is that for one year, you don’t buy any new clothing items.” If you have a lot of clothing options, this will likely not be as hard as you think.
When your taste changes, redesign your possessions and repurpose them for other uses. Keep track of all the money you’ve saved at the end of the year.
22. Make movie nights the new normal instead of theaters
Movie theaters are an entertaining way to spend time with friends and pass the time, but you can do this without spending $20 or more each time by going to your home. For a year, have movie nights at your place.
When a new movie is released, wait for it to be available to rent. Then, ask all your friends and agree to chip in a few dollars to rent the movie. Tell people to bring snacks and drinks, open their theater seats, and enjoy the movie from home.
23. Get up early
You may wonder what this experiment has to do with your finances. A lot! An early start allows you to be productive, accomplish projects, and meet your savings goals.
Try getting up early, like 5 or 6 am, for a week. Then, if you are feeling well, you can try a month, and so on. Use additional hours to complete tasks important to you.
24. Automate an aspect of your finances
The best way to drastically cut your expenses is by automating your finances. You can set up automated payments, withdrawals, savings, or investments. Select one portion of your income to automate.
This works best if you choose savings or investing. For example, you can save $100 per week by automating your savings. Experiment with automation to see if your spending habits change.
25. Try a 30-day self-love challenge
The great thing is that you feel better when you improve your health. And when you feel better, you make better decisions and enjoy life more.
26. Give a 30-day glow-up challenge a go
A 30-day glow-up challenge is a wonderful way to help you feel your best. It includes various tasks like saving money, journaling, exercising, and financial goals.
Use this challenge to reach your highest potential and boost your health and finances. Give it a shot and notice the difference at the end of the month.
27. Practice appreciation with a 30-day gratitude challenge
30 days of gratitude is a great way to begin changing your attitude. It’s good for every aspect of your life.
With exercises such as worksheets, helping others, and making an act of gratitude, you are likely to feel transformed by the end of the month. Gratitude will improve your outlook regarding money and change the way you use it.
28. Work towards minimizing your life with a 30-day minimalism challenge
If you feel like your life is way too hectic, you can help alleviate stress with a 30-day minimalism challenge. The challenges include not buying unnecessary items (such as gift cards) and adopting other helpful habits, such as saying no and changing notification settings. You can also use no spend days to stop yourself from spending money.
You can spend less money this month, but you’ll also gain an appreciation for what you have.
29. Save a ton and try a no-spend challenge
A no-spending challenge could be just what you need if you find it challenging to stay on budget. Essentially, you choose a timeframe, such as a month or a year, to save money on unnecessary items.
You’ll be using only your earnings to pay bills and for things you actually need, not things you’d like to get. This is an excellent way to recover from time when you overspent or teach you about how much you spend.
This simple task can be customized to your needs, so be imaginative.
Life experiments can improve your finances in huge ways
Life experiments allow you to learn and change your habits for the better, and they can also help you save money.
For tips on investing and saving money, check out our free financial courses. Experience these courses, and make positive changes that benefit you financially!