Money saving challenges for couples can be a fun way for partners to not only save, but to have fun doing it. When it’s a challenge, you want to win which gives you the incentive to do so.
Saving money as a couple can be tough. Hopefully, these money saving challenges for couples can help make it easier. Having a partner to help you save can be a great way to stay motivated to save money.
There are a number of different money saving challenges for couples to do to help you get on the right track. Saving money as a couple is essential in terms of long-term financial stability and quality of life.
Stress in relationships is often caused by money
Money is often one of the biggest stresses in relationships. But it doesn’t have to be that way! Saving money can be fun!
Money saving challenges for couples can help you and your partner learn how to communicate about money, set financial goals together, and avoid the famous budgeting challenges.
Here are some great money saving challenges for couples to try:
Let’s go over some money saving challenges that you can do together and how they can positively effect your relationship and future.
We’re not talking about like trying to see how far you can reduce your water bill.. we’re talking about fun money saving challenges you and your partner can have fun with.
No Eat-Out Challenge
One of the most popular money saving challenges for couples is the “No Eat Out Challenge.” The object of this challenge is simple: you and your partner commit to not eating out for a certain period of time.
Many couples take the challenge for a month, but you can set the goal as a couple to what works best for you. This challenge can save you a ton of money, as eating out can be one of the biggest expenses for couples and families in general.
In fact, it may be one of the ways you are wasting the most money and not even noticing it.
By doing this challenge, not only will you be saving money but it gives you a chance to eat healthier. Eating out is one of the biggest things leads to unhealthy choices.
So, not only will you save money by not eating out, but you’ll also be able to stick to a healthier diet. That’s a win win!
No Shopping Challenge
Similar to the “No Eat Out Challenge,” another great way to save money as a couple is by doing a “No Shopping Challenge.”
This money saving challenge for couples means that for a certain period of time, usually 30 days, you and your partner will not go shopping for anything other than necessities. Instead, you use the items you have at home, the foods you’ve grown in the garden, or the items you have tucked away in storage.
This challenge can be tough but it’s a great way to save money on unnecessary expenses.
Not only will you save money by doing this challenge, but you’ll also have less clutter in your home! Fewer things to distract you means that you can focus more on your goals and save even more money.
Take the Pantry Challenge
The pantry challenge can be fun for couples. Not only will you be spending less on food, but couples can get creative with cooking and meals.
Using the items, or staples in your pantry to make meals can help you avoid spending money at the store.
As you try to come up with meals that you can make with the items in your pantry, you can make some unique and interesting dishes together, like these taco stuffed meatballs. Making meals together can be romantic and seeing how creative you get with meals can be fun.
Recipe Ideas for Pantry Items:
- Homemade Bagels or Homemade Breads
- Breakfast Casseroles
- Burrito Bowls
- Recipes with Pickle Juice
- Creative Grilled Cheese Sandwiches
52- Week Challenge
One of the other most popular money saving challenges for couples to do is the 52-week challenge. The way to do this challenge is simple: you save a certain amount of money each week, for 52 weeks, starting at the beginning of the year. Kind of like a resolution for the new year.
This challenge can be adapted to any budget, so it’s perfect for couples.
For example, you could commit to saving $20 each week, $30 each week, or $50 each week. Whatever amount you choose, the goal is to save more money by the end of the year. This challenge is a great way to motivate you to save money and your partner to save money, and it’s a perfect way to start off the new year.
Tip: Clever Girl Finance has put together an informative post on exactly how to be successful with the 52 Week Challenge.
Roll-The-Dice Saving Challenge
This challenge is a great way to get your partner involved in saving money, even if they are a little reluctant to do so. To do this challenge, you roll the dice to get a number. Whatever that number is, is the amount of money that you save that week.
For example, if you roll a five, you’ll save $50 that week. This challenge is a great way to have some fun while also saving money. If you are using two dice, and come up with a 3 and a 2, you set back $32 for that week.
For us, this was one of the best money saving challenges for couples to do because it was fun. You didn’t know what numbers you’d be getting so it was always a surprise.
Spare Change Challenge
The spare change challenge is a great way to save money without feeling too overwhelmed. The object of this challenge is that you save your spare change each week. This could be any amount of money, but we recommend starting off with anywhere from $5 to $10 and work your way up to more money each week.
By saving your spare change, you’ll be able to accumulate a nice sum of money by the end of the year. Plus, this challenge is a great way to get into the habit of saving money.
Cut your Credit Card Challenge
If you and your partner are struggling to save money, this challenge is for you. The intention of this challenge is that you cut up your credit cards and only use cash or debit for a certain period of time or even for good.
This may be one of the toughest money saving challenges for couples, but it’s a great way to break the habit of using credit cards. Credit cards can be a huge downfall when it comes to trying to save money.
When you go out and you have your credit card with you, it’s easy to spend more money than you intended. But when you only have cash, you’re forced to be more mindful of your spending. Which is why it’s so effective and helpful for couples.
This challenge is a great way to get your partner on board with saving money and help break the habit of using credit cards excessively.
You may also like these money saving apps that can help you save for your future.
The Benefit of Saving Money to your Relationship
When you and your partner save money together, there are a lot of benefits. Not only will you have more financial stability, but you’ll also have a stronger relationship.
When you work towards a common goal, like saving money, it brings you closer together.
Saving money can be tough, but when you do it as a team, it’s a lot easier. So, if you and your partner are looking for ways to save money, try one of these money saving challenges for couples. Try each challenge just to see which one works better for you as a couple or which ones can help you save the most money.
Money Saving Challenges for Couples To Do
Savings challenges are a great way to get your relationship off on the right foot and can provide some amazing benefits.
Not only do they help you save money, but they also help you learn about each other’s spending habits and priorities.