Being a mom takes up so much time and energy every single day. It’s the most rewarding job in the world, right? But budgeting your money can take so long and take up precious time that we don’t have.
Budgeting and finding ways to save money is a must for most people. Life is expensive! Kids are expensive! Wouldn’t it be nice to find the easiest way to save money for us busy moms? You’re in luck, there is!!
This year’s main focus has been to save as much money as my family can. We set goals we want to reach and really want to crack down on saving.
In the past, my boyfriend and I tried saving money with no real plan to how we would do it. A paycheck would come in and stay in our checking account or we would move some money into savings when we remembered to but that’s about it. Let me tell you, that’s NOT the way to do it!
I seriously found the EASIEST way to save money and best part about it is, all you have to do is set it up once and forget about it!
My new secret weapon is a free money saving app called Qapital. This isn’t just for busy moms, it’s for everyone who wants a very effective way to save money.
The way it works is you set “goals”. You name these “goals” and put an amount down that you wish to save. An example would be a goal called “vacation” and your goal amount could be for $1000.
Once you set your “goal” you set up a “rule”. A “rule” can be a few different things.
Set & forget rule: Set up daily, weekly, or monthly deposits from your bank
Payday rule: Save a percentage each time you get paid
Round-up rule: Save the change every time you swipe your card.
Guilty Pleasure Rule: Put a little in savings whenever you buy the stuff you try to resist
Spend less rule: Set a budget. Come in under. Save the difference.
Freelancer rule: Set aside 30% for tax day every time you get paid.
52 week rule: Save $1 week 1. $2 week 2 and so on for 52 weeks.
Apple health rule: Reward yourself for hitting fitness goals with Apple health.
Customize rules: Turn any activity into a savings trigger with IFTTT.
Okay, I know you might be a little overwhelmed but let me explain to you how my family uses Qapital. We have one goal called “Buy a house”. We have a certain amount of money taken out of our bank account every single day and it gets put into this account. We set it and forget it. It’s SO EASY!!
This could be for $5, $20, $80 each day or each week, whatever works for you! We choose to take out as much as we can per day to save fast.
I was hesitant at first of saving around $80 every single day because I didn’t think that would be realistic but my boyfriend thought it was the best way to do it.
So we tried it and we ended up savings a few thousand in only a couple months!
The way he sees it is that a lot of people eat out and buy coffee at Starbucks every day and spend a good chunk of money. Why not put that money towards savings?
If you think about it like that then it doesn’t seem as unreasonable.
We also have a “guilty pleasure goal” set up called “Target”. Yes ladies, we all know why this is on the list! I have it set to take out $5 every time I go to Target and buy something. This may seem small but it will add up.
You can set up a “guilty pleasure goal” for when you give in to Starbucks. It helps you curb your cravings but if you indulge then your money goes right into savings.
It’s seriously the best money saving app. We only check it a couple times a month to see how much we’ve saved. Once you set up your account, time will fly by and the savings will come piling in!
I know that everyones budget is different so make sure to tailor this to your situation. The “round-up rule” would be a great way to save a little extra cash without noticing money being taken out of your account. There really is something for everyone .
I hope you check out this app and it helps save you some money! Enjoy.