The America Saves Holiday Savings Challenge

Before back-to-school sales were even off the market, it was reported that major retailers were already on the hunt for ways to get you to spend your holiday dough.


As major spending holidays like Halloween and Christmas come and go, the opportunities to spend – spend – spend are around every corner and in every storefront. But you have a choice; you don’t have to buckle to the pressure.

Save $1 for Every $1 You SpendThis season, we challenge you to save $1 for every $1 you spend. It isn’t as crazy as it sounds:

  1. Make your list and check it twice. Be sure to include travel, food, gifts/tips, and other often forgotten holiday expenses.
  2. Prioritize and negotiate. Decide what's most important and what can be crossed off the list this year, and then take a good look at the dollar amounts you project to spend.
  3. Tally it up and set your savings goal. Is the cost still too high? Revisit your list to negotiate costs down some more. Once you’re at an amount (and a list) that is realistic and manageable, take that number and set it as your savings goal for the season.
  4. Make it automatic. Each time you cross an item off the list, set up a transfer from your checking account into a savings account. These active transfers will help establish an automatic habit. Having a hard time matching? Try revisiting and renegotiating your spending plan.

You don’t have to let holidays break the bank. Become a savvy saver by reducing spending and prioritizing savings this holiday season. 

Take the Pledge

Savers who make a plan are twice as likely to save successfully. 

Take the America Saves Pledge

Tip of the Day

  • Written by Administrator2 | January 14, 2014

    To minimize interest charges, limit credit card purchases to those you can pay off in full at the end of the month. In the end you'll have more for emergency savings. http://ow.ly/FJyVP

Saver Tips and Stories View all »

Another Dream Realized

Written by Tammy G. Bruzon | November 7, 2014

Mary Brown was already a disciplined individual when she came to Wisconsin Saves coordinator Wisconsin Women’s Business Initiative Corporation (WWBIC) in last summer. She had successfully completed her bachelor’s degree with the assistance of her husband and son, and was now ready to tackle her next big dream – homeownership.

Read more...

Coping with a Lost Job

Written by Katie Bryan | October 28, 2013

Aimee Shaffer worked as a Public Service News Director for radio for years until one day her employer downsized the company, resulting in hundreds of lost jobs, including Aimee’s.

Read more...

Starting Over

Written by Katie Bryan | October 28, 2013

Until last summer, Michael Lindman spent money freely. “I was a union truck driver for 35 years and had a good income,” said Lindman. “I owned my own home, saved a little, and tried to live within my own budget. You always think there’s going to be that much coming in, but things can change in a split second.”

Read more...

Receive Updates

Take the Pledge

Written by Super User | September 16, 2013

Start Saving

Receive Texts

Written by Tammy G. Bruzon | July 15, 2014

Learn More

Partner News & Updates

Written by Katie Bryan | October 18, 2013

Sign Up