One-up your savings strategies
Friday, December 16, 2011 at 1:49PM 
Looking for ways to refresh your savings habits for 2012? Aren't we all. Let's face it: While brown-bagging lunches and passing on lattes can make a difference, sometimes you need to "one-up" your strategies to stay motivated. That's why I tackled the topic in my January Redbook column.
One savings helper that I learned about after writing the column: SaveUp, a new website that sets up a rewards system—much like those offered by retailers—in which you earn points for saving rather than spending. You link your savings accounts and any debts you're trying to pay off (credit cards, student loans) to your SaveUp account, and each time you stash cash or make a payment, you get credits, which you can use to enter drawings for fun prizes like cameras, cars, or even a $2 million jackpot. You can also earn credits by watching personal finance videos on the site—music to my financial literacy-attuned ears.
Check out the January issue of Redbook for more cost-cutting tips!
What savings tips will you test out in 2012?
Reader Comments (1)
I am also seriously saving up this 2012 and to easily track and monitor my finances and expenditures, I made a spending plan spreadsheet. Kate looks stunning in that magazine cover by the way.