Nearly half of all Americans made a new year’s resolution in 2015. Among the top goals? Saving money.
Half of Americans will make a New Year’s resolution in 2016. And half of them will fail. What can help you be among the successful?
According to Dan Ariely, Qapital’s Chief Behavioral Economist, saving toward a goal is the key to success. Dan told Quartz that people need to set money aside for a specific goal if they want to succeed in saving. You’re less likely to touch your saved money if you have an emotional connection to what you’re saving for.
Whether you love new year’s resolutions or hate ’em, we’ve come up with five ways you can use Qapital to successfully save money for the things you want in 2016! You only need to call it a resolution if you want to.
Save for taxes
Use our automated Freelancer Rule and never get caught short on your estimated taxes again. With just a few taps, you can set aside a percentage of each paycheck for Uncle Sam.
Save while staying fit
Qapital connects to many fitness trackers, including FitBit, Nike+, Jawbone and Moves using IFTTT. Each mile, step and target can translate into savings in your pocket. Learn more!
Save together using Shared Goals
Shared Goals allow you to save with your friends or partner for one big Goal. Save for something you all can share, from a weekend getaway to a weekly babysitter. You can even chat in the app about all the awesome stuff you’ll do with the money you save!
Save while being (un) productive
Reward yourself for using Google apps like Calendar or Drive, ToDoist or many other productivity apps. Spending too much time on Facebook or Twitter? You can “fine” yourself when you post #hashtags or post on Facebook. All of these options (and hundreds more) are possible with Qapital + IFTTT!
Qapital uses automation to make the 52 Week Challenge a snap! During the first week of the challenge, you save $1. During the second week, you save $2, etc… At the end, you’ll have saved $1,378 without breaking a sweat. You can even reverse the challenge in the app!
What are you planning on saving for in 2016? We’d love to hear about what your financial goals for the year ahead. Tells us on Facebook or tweet it to us @qapitalapp!
Put money in its place
Master your money with the app that makes it easy to divvy up every dollar so you can balance what you want with what you need.