How These Women Met Their Savings Goals (2026)

There is a smarter way to approach these women met their, and it starts with knowing a few key details. This guide covers them, along with tips you can apply immediately.

Key Takeaways

• Let’s face it, saving money is hard.
• It requires discipline and determination on an ongoing basis.
• According to a recent survey by TIAA-CREF, only 56 percent of women express confidence that they’re saving enough for retirement, compared to 65 percent of men.
• But, saving money isn’t impossible.

Tips That Make a Difference

Worth noting: in fact, these six women successfully reached their savings goals and, together, saved almost $300,000. Here’s how they did it , plus what they learned along the method.

• Carly Fauth, 35, Milford, Mass.: Saved $5,000 for a Vacation Her goal: Carly Fauth, who works as head of marketing at MoneyCrashers.com, wanted to save enough money so she could pay for a trip to visit family in Denmark entirely in cash without having to carry any credit card debt.
• She planned her trip about two years in advance, creating a detailed budget so she would have a solid concept of how much she would require.
• More importantly, in the beginning, Fauth transferred surplus funds manually to a separate bank account for savings since the exact amount fluctuated a bit each month. “After the amount of money I saved each month became more consistent, I set up an automatic transfer from my checking account into the separate savings account,” she says.
• On average, she was able to save a little over $200 each month.

Common Mistakes to Avoid

And after saving for two years, she reached her goal of $5,000 just in time for the trip. Lessons learned: “I learned that if you’re going to reach a savings goal, you have to put a plan in place,” Fauth says. “Devise your plan, put it into place and stick to it.

• Remember that how she did it: Burkheimer is no stranger to saving.
• Between January and July, she and her husband made six deposits of $250.
• In August, she realized the money sitting in her business savings account would earn more interest in the IRA, so she transferred $2,500 from that account.
• Then in the fall, she transferred another $1,000 into the IRA, maxing out her contributions for the year at $5,000.

Is These Women Met Their Worth It?

As a rule, lessons learned: “Pay attention to your money and what’s coming in,” Burkheimer says. “You can do it; you just have to have a plan and tweak the plan based on what’s actually happening. If you’re willing to go with the flow and not put a ton of pressure on yourself, it will be easier.” Nefertari Nelson Williams, 40, Willingboro, N.J.: Saved $10,000 to Purchase a House Her goal: As a single mom, Nefertari Nelson Williams wanted to purchase a home for her family to feel settled and secure.

• In 2003, she set a goal of saving $10,000 to cover her down payment and associated costs.
• How she did it:  Williams cut back on all her discretionary spending and set up an automatic transfer of $1,000 per month from her checking account to her savings account.
• In short, it took almost a year, but she finally met her goal.
• The $10,000 Williams saved covered her down payment and closing costs, and some unpaid medical bills she needed to pay off to get mortgage approval.

Where the Real Savings Hide

She set a goal of saving $24,000 to finance her trip and spent the next five years working toward it. How she did it: Juliff started by making her travel plans her top priority.

• Worth noting: knowing she would require to travel with just a backpack, she began minimizing her possessions to get used to living simply.
• She sold off CDs, DVDs, clothing, books, paintings, instruments and electronics and added the profits to her savings.
• During her two years of post-college travels, Juliff spent just under $23,000 visiting Croatia, Slovenia, Hungary, Ukraine, Russia, Taiwan, China, South Korea, Hong Kong, The Philippines, Thailand, Singapore, Laos, Cambodia, The Netherlands, Austria, Morocco, Germany, Czech Republic, Slovakia, Hungary, Bosnia & Herzegovina, Montenegro, Serbia, Romania, Bulgaria, Turkey, Indonesia, Vietnam, Australia, New Zealand, Malaysia, parts of the United States and Canada.
• By the end of her trip, she’d turned her travel blog into a business and now travels full time.

A Closer Look at These Women Met Their

More importantly, lessons learned: Juliff learned that telling others about her goal helped her stay accountable. She started a travel blog, At no point Ending Footsteps, to document the planning stages of her trip.

• So she and her husband set a long-term goal to be debt-free with the exception of their mortgage, on which they owe less than one-third of the price of the house.
• They also wanted to save $250,000 so they could pay off their house at any time.
• Remember that how she did it: It took more than 10 years, but with disciplined savings and a business that has been highly successful, Bild reached her goals.
• To make it happen, Bild’s family live off of her husband’s salary as a pilot and apply her income as a sales consultant to invest in property and to pay off all cars, the family boat and investment properties.

What to Know About These Women Met Their

She rarely shops and doesn’t spend money on name brands, she says. She and her husband made their last boat payment at the end of 2012, becoming debt-free except for their home mortgage, and in December 2013, they met their savings goal of $250,000 in liquid cash.

• As a rule, lessons learned: Bild recommends finding “hobbies and passions that bring you joy and that don’t include shopping,” she says. “So numerous women love to shop, and the money goes faster than people realize.
• Rather than going to a mall, go for a long bike ride.
• After meeting that goal, Palmeroni set more: In 2011, she wanted to save $1,500 to spend on a shorter trip near Europe, and in 2013, her goal was to save $700 to spend while in Costa Rica.
• Currently, she’s working to save $10,000 before the birth of her first baby in April 2014.

How These Women Met Their Really Works

In short, she started saving in August 2013 when she found out she was pregnant. For her 2013 trip, she reached her goal in approximately three months, saving about $230 per month.

• To reach her most recent short-term savings goal of $10,000 by April, she’s been putting away $500 to $1,000 per month.
• When she was in high school and college, Palmeroni says she used to simply save whatever she had left at the end of each month.
• Worth noting: but now her strategy has changed. “Instead of only saving what’s left over at the end of the month, now I have the amount I wish to put away in my savings account each month built into my monthly budget.
• This method, you know what you can and cannot spend for the month.”.

Frequently Asked Questions

How can I save money on these women met their?

Compare prices across a few retailers, look for active coupon codes, and time bigger buys around sales events. Here’s how they did it , plus what they learned along the method.

Is it worth shopping around for these women met their?

Usually yes. Carly Fauth, 35, Milford, Mass.: Saved $5,000 for a Vacation Her goal: Carly Fauth, who works as head of marketing at MoneyCrashers.com, wanted to save enough money so she could pay for a trip to visit family in Denmark....

What should I check before buying?

Read the terms, confirm any code still works, and factor in shipping or returns. She planned her trip about two years in advance, creating a detailed budget so she would have a solid concept of how much she would require.

Smart Ways to Save More on These Women Met Their

• Stack a coupon code with an existing sale whenever the store allows it.
• Sign up for the retailer newsletter to catch first time and seasonal discounts.
• Compare the final price including shipping, not just the headline number.
• Check for student, military, or first order offers you may qualify for.
• Time non urgent purchases around major sale events for the deepest cuts.

Final Thoughts

Put these ideas to work and these women met their gets a lot less expensive. Bookmark this page, check back for fresh deals, and let the savings do the talking.

Originally published at savingswitch.com.