Here are The Budget Savvy Bride, we're all about finding efficient and effective ways to save you money on your big day, but another thing we love is teaching our couples how to save money for their wedding day! So many couples are strapped between their monthly bills, student loan payments and more, that it can be difficult to figure out how they can save the maponey they need to pay for their wedding.
If there's one thing I'm SUPER passionate about when it comes to running this website, it's helping couples find a way to plan a wedding they are happy with on a budget they can actually afford. I'm a BIG proponent of having a #debtfreewedding — and one of the best ways to plan a wedding without taking on debt is to be intentional about saving. That's why I am super pumped to introduce y'all to this awesome new online savings tool, Rize!
The Easiest Way to Save Money for Your Wedding
Rize is the easiest and most affordable way to save money for your wedding, honeymoon, or any other financial goal you have in mind! Want to know just how easy it is? Check out these awesome savings tips and how Rize will help you to reach all your savings goals:
Pay Yourself First.
Financial experts like Dave Ramsey emphasize the importance of paying yourself first. Having an emergency fund in place is so important for when unexpected expenses pop up in life, so they don't derail your financial health completely.
Rize uses one account to set, save and track all of your monetary goals, so you stop overspending and pay yourself first. Rize users find that using the online application helps develop the habit of saving 10% or more of their income towards goals they care about.
Make Saving Money Fun.
The Rize platform is super simple, chic, and fun! It's got a clean and colorful look, and I love customizing my savings goals with emojis. ???
You can have as many goals as you like, so you can customize your savings plan to put your money towards goals you care about. Set goals for things as general as your wedding fund to as specific as that pair of Louboutins you've been dreaming about forever.
Automate Your Savings.
With Rize, you can easily set and automate your savings so you don't even have to think about it. When that money is out of your checking account, it's much more difficult for you to spend it! The automatic drafts help ensure that you're putting your saving goals FIRST, allowing you to save up for the things you really want, like that dream wedding dress or an amazeballs honeymoon in Bali. You can edit and update your savings goals at any time. It works with you and for you to help you reach your savings goals so you can live the life you want!
Make the Most of Your Savings.
Rize is awesome because their platform is Pay What You Wish. ? Yep, you get to choose how much you pay each month for the use of their platform. 90% of Rize users pay an average of $2-3/month, so it's a super savvy way to manage and automate your savings. Not to mention, Rize accounts earn 1.16% interest, so your savings is put to work for you at 19X the national average bank interest rate. Plus, transfers back to your bank are totally free when you're ready to pull out your funds and pay for your goals.
SO… now here's the fun part! I have a little challenge for all our readers here on The Budget Savvy Bride. Here's how it works:
Wedding Budget Savings Challenge
Step 1: Sign up for a Rize Account
Register, connect your bank, and create a savings goal for your big day (or something else!)
You'll get a $5 bonus just for completing this step, so EVERYBODY WINS!! ?