The Four Types of Saving Struggles

Which one are you? Learn about the common ways to struggle when trying to save money.

At Tip Yourself, we believe the secret to long term success with money is not about spreadsheets it’s about shifting our mindset, emotions and habits. That is easier said then done. Each of us has our own unique background, personality and struggles.

But… there are commonalities. Could we categories them?

The Four Types of Saving Struggles describe how people tend to approach money related goals and motivations. They’re based on all the feedback and observations that have come out of the Tip Yourself community.

This is absolutely a work in progress. So please let us know what you think. Do you identify with any of these categories?

The Forgetful Saver struggles to remember to save. They do not have clear and motivating goals.

The Boom & Bust Saver struggles to stick to aggressive plans. They try to make big drastic lifestyle changes that are very difficult to sustain.

The Shopping Saver struggles to avoid temptation to spend any progress they’ve made. They often make impulse purchases with their savings.

The Underwater Saver struggles to find extra money for savings. They are behind on their bills and increasing their debt each month spending more than they make.

What do you think? Do any of these ring true for you?

You’re going to start seeing a lot more content on these categories and specific strategies that you can take to achieve your goals depending on which type best summarizes your struggles.

We’re also going to start adding features and tools into the Tip Yourself app that can be used to counter act the tendencies that arise for each of these saving struggle types.

Haven’t joined Tip Yourself yet? JOIN NOW — CLICK HERE