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I Hate Saving Money – What to Do If Saving Money Makes You Want to Puke

i hate saving money

It’s the rare person that enjoys saving money. Sure, you might enjoy watching your bank account grow, but the actual day in day out saving is never all that much fun. So, if you’re thinking, I hate saving money, here are a few things you can do to make it easier such as putting savings on autopilot and focusing on the little things.

i hate saving money

(You can read how I got myself drowning in debt here and how I got out of it here and here.)

Put Saving Money on Auto-Pilot

Use a Savings App

One of the best things you can do for yourself if you hate to save money is to do it without realizing it.

You can use an app like Acorns that will round up your purchases to the next dollar amount and then send those small, few cents to an investment account without you having to lift a finger. 

While it might not seem like much at the time, that money will grow and add up to significate amounts without you ever having to sit down and making a savings plan.

Have Money Taken Out of Your Paycheck 

You can also have your employer take money out of your paycheck and put it directly into an investment vehicle such as a 401K.

This is done before you get your money, so you never have to do anything to make it happen once you have signed up for it.

Your retirement is taken care of all on its own.

If you have your check deposited directly into your checking account, ask your employer if you can split it up between your checking account and a savings account. 

A lot of companies will let you do this. Just have 80 or 90 percent put into your checking account and have them direct the other 10 to 20 percent into your savings account.

And like magic, you have savings without ever having to do anything to make it happen. Of course, you are going to want to leave it there and not spend it down the road except in the case of an emergency.

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i hate saving moneyFocus on Making More Money

Most people focus more on saving money than making money. If you hate saving money, change your focus.

Don’t think so much about saving money, instead spend your energy on making more money.

That could be a second job, although I don’t feel that’s the best way to go about it.

Or it could be a side gig or hustle that you would actually enjoy.

The extra money coming in could be used for fun or for savings or a combination.

Regardless, having more money then you need makes life a little more fun and saving a lot easier and less burdensome.

Track Your Money

Tracking where your money is going is a good way to see where you are wasting your money. However, doing so can be a real pain and time consuming, or at least that’s the way it used to be.

Now you can have an app on your phone like Mint and track everything in one place and see exactly where your hard-earned money is going. You can even make goals and it is all in one place and easy to use.

Sweat the Small Stuff

They always say not to sweat the small stuff and that’s a good policy to live by unless you’re talking about your money.

That’s because all that small stuff adds up to a lot of money.

Just take a minute and think about your average day. How many times are you pulling out your wallet or phone to pay for something small?

I bet it’s pretty often. All those small purchases can equal hundreds of dollars a month.

If you start paying attention to them, you can cut back on them and I bet you won’t even miss them.

i hate saving money

Understand Saving Money Doesn’t Mean Having a Life that Sucks

Most likely one of the reasons you hate to save money is because you think if you do, you won’t be able to have any fun or buy anything you want.

If that was the case, then you’re right life would suck.

Luckily, that doesn’t have to be the case. Just because you start saving money doesn’t mean you have to give up everything you love. Life is too short for that.

It just means you decide to reorganize some of your priorities.

So instead of thinking about what you give up when saving money, think about what you give up when you don’t save money.

That’s things like:

  • Vacations
  • Family events in other areas of the country
  • Security
  • Peace of mind
  • Maybe a new car or a nicer home
  • Retirement

The truth is if you don’t save money you give up more than you could ever lose by not having an expensive cup of coffee every day or a new pair of sneakers. 

Related Questions

Why do people struggle to save money? 

If you grew up in a family that didn’t save money you learned how to handle money the same way your parents do. If they didn’t save it makes it much harder for you to get into the habit of doing so.

I’m having a really hard time saving money and I hate it.

Take baby steps and automate your savings. You will find it is much easier when you don’t have to think about it all of the time.

Is it worth it to save money?

Yes! It sure is. In life you have two choices, save money or have debt. Being deeply in debt is no way to live life. I know from personal experience.

What happens if you don’t save money?

If you don’t save money you aren’t prepared for an emergency or job loss. You have no way to handle big events in your life, and you might not have enough money to retire.

Can you get rich from saving?

Yes, you can. You won’t get rich overnight, but you’d be surprised just how much money you can end up with even if you only save a little each month.

To Sum It All Up:

I know you’re thinking, I hate saving money, and I don’t blame you, but there are easy ways to save money without even having to think about it with apps and having money taken out of your check automatically.

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