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By Molly C. Herndon

Did you participate in the 30 Days of Savings Challenge? If so, give yourself a pat on the back for committing to saving and stocking away $100 over the past 30 days!A piggie bank in the foreground with "30 days of savings challenge" above, on an orange background.

This guided savings challenge has several advantages:

Removes Guesswork

The amounts needed to save daily are listed on the daily savings chart, making it a foolproof way to meet your savings goals.

Start Small

The savings amounts gradually increase, allowing savers to make small changes to meet their daily goal.

Repetition Leads to Change

By participating in a challenge for 30 days, savers have learned skills they can continue to practice after the challenge ends.

Saving Support

Engaging in a challenge, like the 30 Days of Savings Challenge, brings savers in contact with others who are making their finances a priority. Connecting with other like-minded individuals gives savers the opportunity to learn new saving practices, share their own experience and support one other in reaching their goals. Did you engage in the #30DaysofSavings twitter chats?

The Savings Challenge is also a wonderful learning activity for educators to use with students to walk through an entire month and have the real-life experience of making daily changes to meet their saving goal. Did you use this challenge with students? If so, we’d love to hear about your experience.

What lessons did you learn during the challenge? What more could we do to support you in your saving journey? Please share in the comments.