If you have a goal you want to achieve (and we hope you do!), you need a strategy for how you’ll achieve it. You also need a way to measure your progress. The best way to measure your financial success is by tracking your savings.
Your savings objectives may include saving money for things such as:
No matter if you have just one major goal this calendar year or several, a fun savings tracker is essential to making sure you achieve them. In fact, tracking savings consistently makes it that much easier to save money.
Why should you want to start tracking savings?
Organized finances
Tracking your savings will help you remain on track. By tracking your savings, you will know how close you are to achieving your goal at all times.
You’ll be able to determine exactly how much more time it will take to reach the goal and if you’re making enough progress. If you’re not making as much progress as you’d like, you’ll know right away.
Motivation
It can also be extremely inspiring to see visual representations of your progress. Seeing your running total on the dashboard graph of your dashboard app can make you more determined to continue training.
Tracking your progress will also help you remain motivated and keep your goals in mind, allowing you to make sacrifices when necessary.
Awareness of your spending habits
Tracking savings enables you to make alterations to your money habits, your savings rate, or your targets as necessary.
The truth is that you may encounter changes to your finances as you pursue your goal. Sometimes these things are unavoidable, such as the effects of inflation on your budget.
Sometimes, the only thing you can do is see when something is happening and change your actions accordingly. However, if you aren’t tracking your savings, you won’t know when it’s time for a change.
There are many things you can change for changes that you can directly control. You may want to focus more on your spending to see where you can make cuts. You may want to consider inventing new ways to earn more money so you can save more.
Tracking savings gives you energy. Using a fun savings tracker, such as one listed below, will help you reach your goals and focus more on what’s important to you.
What are some fun savings trackers to use?
There are many enjoyable ways to monitor your energy savings! Try out the suggestions below to see which fun tracker is most suitable for you-and which one you are most likely to use for the following few weeks, months, or years!
1. Spreadsheets
Spreadsheets, which are an old-fashioned method of saving, can be productive. All you need to do is open a new Excel or Google Sheets spreadsheet, list your savings goal, and enter your progress when you make any purchases.
You can also transfer your savings to a dedicated savings account.
You can make a savings tracker spreadsheet using easy equations or utilize a premade spreadsheet template to make tracking easier.
You decide which spreadsheet you want to use for tracking all of your personal finances, or if you wish to divide your savings goals into multiple documents.
2. Budgeting apps
Budgeting applications are also a good way to track your spending. Most of these apps can automatically import your transactions when you link your bank account(s), saving you from days of tedious manual data entry.
Some budgeting applications are free to access, while others charge a low monthly fee for access to all of their features.
The most suitable budgeting app for you may depend on how you like to budget your money or how hands-on you would like your budget to be. Read “Seven of the Best Budget Templates and Tools” for our best budgeting apps and tools!
3. Worksheets
Worksheets are another excellent savings tracker that you may find more fascinating than a spreadsheet or app. You can track your progress in either digital formats or by hand if you prefer to do so.
Clever Girl Finance provides budgeting worksheets as both spreadsheet and printable formats. Download your cost-free budget worksheet here to get started!
4. Planners
If you’re a journalist, a budgeting tool could be the exciting savings tracker for you! Budget planners list all your expenses in addition to your other life goals, such as important dates, journal entries, non-financial goals, and much more.
The planner you select does not have to specifically focus on finances, but it should feature pages for complete budgeting.
Good budget planners can help you maintain better tabs on your savings, and can give you a motivating reminder that your progress is bringing you closer to your goal.
5. Savings tracker printables
At last, an easy savings tracker that is printable may be one of the easiest and most entertaining savings trackers available. A printable savings tracker is typically a one-page sheet that allows you to see your progress toward your goal.
The savings on the visual tracking sheet may include any generic picture, such as a decorative coin jar or thermometer, or perhaps something that relates to your objective, such as a cake for a wedding fund or a Christmas tree for a holiday gift fund. As you accomplish more tasks, you can progress to coloring in higher tiers on the printable.
A savings tracker printable can be especially motivating. It enables you to utilize your artistic ability while also providing you with a simple way to track your progress.
While there isn’t anything wrong with purchasing printable coupons, there are various websites offering free printable savings trackers. Here are some of our top picks.
Let’s Craft Instead provides 15 completely free printable savings trackers. In addition to various jars and money bags, you will find savings trackers that are customized to your particular purpose.
For example, she has a cute house-savings tracker that will show you your progress toward saving for a down payment.
The cute savings trackers from 101planners.com include graphics such as money jars, thermometers, and an adorable honeybee design. In addition, you can change the background of the tracker to depict anything from palm trees to mountains. Also include “accessories” to your money-saving tracker printable, such as flower crowns or borders.
A Cultivated Nest has 10 free savings trackers available. Users can select savings targets for different budgets, such as $1,000 or $10,000, among others.
They also have theme-specific options, including a string of Christmas lights for a Christmas gift fund and a Mickey-shaped graphic for a trip to Disney World.
What fun savings tracker is best for you?
The most important thing when choosing a savings tracker is to find one that you can stick with for the long term until you reach your savings goal.
Hopefully, the answers to these question will assist you in choosing the right savings tracker to help you reach your targets. Above all, select one that will be entertaining to use and one that you will regularly update.
Where to put your savings tracker
No matter which discount tracker you use, you must share it in an area where you will be mindful of it frequently. This will enable you to achieve your goal of saving as much as you possibly can, as you will be likely to come face-to-face with obstacles that could divert you from your goals. Your progress will also rapidly increase as you track your progress.
Save a free printable savings tracker in your fridge or bathroom mirror to monitor your savings progress each day.
Make certain that you’re using an online spreadsheet to store your bookmarks, and use a planner to update it as soon as possible. Maintain your planner on your bedside table, and maintain diligent records of your updates throughout the day.
Reach your goals by tracking your savings!
The best way to achieve your goals is to track your savings. If you’re not tracking your savings, you could lose interest and motivation.
You should stay on top of your progress to understand how close you are to meeting your goals. So, try these ideas to help you stay motivated to save more!
