Archive for the ‘SmartyPig’ Category

SmartyPig revolutionizes my savings. Hit Goal 22 months Early!

Sunday, March 22nd, 2009

I see a lot of negative comments and not enough praise. SmartyPig has revolutionized the way I save money. Three months ago I setup a $1000 emergency fund goal. I set the monthly contribution at $39.00 and a goal to hit the $1000 mark on December 2010. I am a big web guy and love the idea of SmartyPig. I found myself slowly making more and more individual contributions when I found I had extra money. Just the other day I was going to go to a Trace Bundy concert but it canceled. I took that $10 I would have spend and immediately put it into SmartyPig, I didn’t even think twice. Just yesterday I threw another $400.00 onto my goal. And I will be putting more into it tomorrow in which I will meet my $1000 mark 22 months early! There would be no way I would have ever disciplined myself to save this much just in a standard savings account. What is the fun in putting money into a savings account? You can’t watch the piggy fill up! I am currently a College Student at a private University where tuition alone costs $27,000 a year; and so I am not a rich person, but pretty soon I will be thanks to SmartyPig. My brother just signed up and I am hoping he will get as addicted to saving money as I have. Keep up the great work SmartyPig!

Lol, sorry if some of those comments seem a bit cheesy or childish but you have to admit, an online piggy bank is kind of childish. A lot of people I have talked to say that it is “gay” or “stupid”, but obviously it works! Sometimes we have to be like children and go back to those days where we enjoyed putting money into our piggy banks.

SmartyPig Logo from WebKit

SmartyPig Logo from WebKit

Smartypig – 21st Century Online Virtual Piggybank

Saturday, March 7th, 2009

Over the past few months I have revamping the way I save and spend money. I have been signed up with Smartypig since they started but never started investing money into it until just a couple months ago. I enjoy using SmartyPig because it creates that “Extra Step” in getting your savings. Before I would simply save my money in my savings account; but I would always end up transferring the money back to checking when purchasing big ticket items. Now instead I save my money with SmartyPig. It is easy to still get my money, but that 3-4 day transition period and steps I have to take make me not want to do it. Then when I have those urges to purchase something I look at my bank account and simply see that I don’t have the cash. Using SmartyPig as a virtual piggybank is the best thing since Mint.com! I have been referring friends and family to it and will continue to do so. Also, the interest rate being higher than any bank in America right now also is a good incentive.

Smartypig - 21st century piggybank

Smartypig - 21st century piggybank

They also add a social networking twist to it. They allow you to share your goals with friends and post your “Goals” widget on facebook or a website. You can see my widget below.