Easy Holiday Savings Challenge

Try this easy holiday savings challenge to save $200 in just 30 days. It’s a simple way to save a little extra money this Christmas to use for gifts, decor, or fun activities with the family.

This post may contain affiliate links. You can read my full disclosure here.

Love printables? Sign up here to access my free resource library that has meal planning printables such as shopping lists and favorite meal worksheets.

Christmas can be one of the most magical times of the year, but it can also be one of the most stressful. If it’s not the holiday to-do list (shopping, baking, cleaning, etc.), then it’s the added expense of the gifts, decor, food, and family activities.

Things can add up pretty quickly, so I thought I would try to help make things a little easier on your wallet this holiday season and share a fun and festive holiday savings challenge (with a free printable). This challenge only takes 30 days, but you can repeat it or double up on the numbers to save $400.

This easy 30-day money-saving challenge is perfect for building a small holiday fund without making a huge dent in your budget because you are only taking out a little every day.

How to Save $200 in Just 30 Days with This Easy Holiday Savings Challenge

Step 1- Choose your saving method

Set up a separate savings account, or use an existing one.
Use 30 envelopes, labeled with the amount and the date that you added the money. If you don’t keep cash on hand, you can use weekly envelopes instead and add the money once a week instead of daily.
Make a Christmas jar and drop in the cash each day.

Step 2- Print out the savings challenge printable

Make sure to hang it somewhere you can see it so it keeps you accountable. (You can also screensheet and save to your phone so you have the amounts handy.)

Easy and Fun Holiday Savings Challenge Printable

Step 3- Start the 30 Day Challenge

Each day, you will choose an amount from $3 to $10, depending on what you can afford that day. Then, simply cross off the amount you deposited in the bank, or added to your envelope or jar, and in 30 days, you will have saved $200.
If you want to save $400 instead, you can double the amounts. It’s as easy as that. It’s a super simple way to save for the holidays.

The goal of this challenge was to try and make it as stress-free as possible, as it can be hard to save money at any time of the year, especially at Christmas. But if you can prepare ahead of time, then it makes for a much more enjoyable holiday season for you and your family.

Simple Ways to Save Money Each Day

If you are looking for some ways that you can cut costs so you can have the extra to add to this holiday savings challenge, here are a few things that can help you reach your $200 goal.

One of the easiest ways to start saving money is to make a grocery budget and start meal planning, so you are only buying what you need instead of making impulse purchases and spending more.
Use rebate apps or cash-back bonuses you’ve earned toward the challenge.
Make it a game and have the family look around the house for any spare change. Every little bit adds up.
Declutter your stuff and sell online or bring it to a consignment shop.
Skip buying coffee and make it at home.
Use coupons and transfer the money you saved.
Stop eating out and pack your lunch instead.

These are just a few ideas to get you started. I hope you find this holiday savings challenge helpful. Don’t forget your free printable (above) to help you stay motivated as you track your progress and watch your Christmas fund grow.

Looking for more ways to save money this Christmas?

Don’t forget to sign up for my Free Resource Library to grab my meal-planning printables. You will also get access to lots more printables all completely free for you to print out and enjoy!

Follow me on Pinterest for more ways to have a magical holiday on a budget.