for the Creatives

An experiment saving $$$ with Qapital app

Always one to shirk away from traditional New Year resolutions, I’ve come up with an improvement-related experiment instead.

I’m all for finding motivation to save without too much spreadsheet work. Ech, spreadsheets, am I right?

Enter Qapital app.

(Psst… Sign up using my referral link, & Qapital gives us both $5)

Qapital is kinda like a saving $$$ game. You set “rules” for how to save and then you rake in the dough – or at least the dollars and cents and sense.

The great savings experiment numbers data stuff:

I already save each month, so my skepticism reared its actually-quite-beautiful head when I first heard of Qapital. “But wait… To save that money, you have to already have that money, so it’s just moving money at certain times to ‘save’ it when you already had it.”

Since I’m not a numbers person, I budget with Mint which tells me my net each month of the past calendar year. See below: The green is income, the red is spending, and the black tumultuous line is my net. bargraph.png

I’m not super consistent, because income fluctuates, payments fluctuate (somewhere in there I paid off loans, woohoo!), and okay fine, Starbucks and Lularoe addiction fluctuates. But I used excel formulas to find the monthly net average/median (which is the best to track here? I don’t know!).

I’ll be testing if Qapital app helps me save more than my average or median. My average/median are both just over $1000. If I save more than that, I call this a possible success, while realizing there are a bunch of other factors that affect how much I’m saving. (I’m no scientist with a control case and laboratory or anything here… ) But it would be the start of an indicator.

If I don’t save more than that, it may have been a flop *for me to choose to use it in this way.* Note that doesn’t mean the app is a flop. My next option would be to automatically deposit my average into savings each month, and then only after that point do Qapital savings beyond that average.

 

How I’ll be saving through the Qapital app:

I set up two savings buckets in the app:

  1. Money for my book launch – I figure I’ll need some money for ads, giveaways, book launch party, something, though I don’t have details figured yet.
  2. General savings – because I should save money to just save money too of course.

 

I’ll be saving money for my book launch in relation to groceries & visits to Starbucks:

  1. If I spend less than $40/month at Starbucks, the remainder will go toward my book launch (so I’m incentivized to not go to Starbucks as often)
  2. Every time I buy Starbucks, $5 will go toward my book launch (so I’m saving even if I cave and go to Starbucks)
  3. Every time I buy groceries at Walmart, $5 will go toward my book launch (so I’m saving throughout the month regardless, just by living my life)

 

I’ll be saving money for just saving based on bigger rules:

  1. The 52-week rule reversed, meaning each week an amount goes into savings counting down from $52 the first week, $51 the next week, $50 the next, and so on through the year.
  2. The round-up rule, meaning every time I spend money, the amount will be rounded to the nearest dollar and the change put into savings.
  3. Plus, 1% of my income will automatically be deposited into savings.

 

We’ll see how this goes. I’ll update you in about 3 months on my experience. I may keep it the way it is or adjust depending on results. I could definitely move more into savings, but I want to start small and see how it goes.

 

How are you saving $$$?

Tell me your best tips and tricks to savings in the comments below. And if you used the Qapital app before, let me know your experience.

Want to try the Qapital app?

Use my referral link anywhere in this post and Qapital app will give us each $5

Want something more simple for saving?

My friend Kathryn is using the Qapital app in a set-it-and-forget-it way, because she’s all about the simple life. Check out her post and see if it’s something you’d want to try.

Relationships

Practical tips for a long-distance relationship

Here’s some tips from my experience with LDR. This is how we survive the distance, things we probably wouldn’t use or do if we lived closeby.

Apps that go the distance:

  • Couple – track anniversaries, draw artwork together even when apart, “thumb kiss” where both phones vibrate when your thumbs touch the same place on your phone screen
  • Final Countdown (Apple or Android) – count down to the day you see each other again
  • Glympse – track their location as they drive to meet up with you

 

Gifts that go the distance:

  • A notebook – Josh got us a notebook last Christmas! I document our life for a few weeks and what we do together & apart, and when we see each other he takes it and has his turn. It’s neat to have it all documented. Maybe don’t bring the notebook on your first date though 😉 wait a bit haha.
  • Travel-size of your cologne/perfume – once again, this is not a first date thing. But it’s nice to spray a pillow or hoodie with your S/O scent when you can’t have them around 🙂
  • Audiobooks or comedy CD’s – for the long commutes
  • Extra car chargers, bluetooth speaker, essential oil car diffuser – anything to make the car a little more ready for that roadtrip
  • Suitcase – because I’m tired of stuffing 3 duffle bags with all my luggage

 

Finally, a reminder that goes the distance:

The long-distance is difficult to the extent that the significant other is so great. It’s one of those mathematical correlation things. See, I put it in graph form so it must be true:

super-scientifical-analysis-of-ldr

So take heart! If it’s difficult to be apart for long periods of time, that probably means you’re in a great relationship 🙂

 

Bonus tidbit: I wouldn’t have these ideas without my long-distance boyfriend of course, so I asked him what his tip would be. Answer: “Communicate alot. Talk alot when you’re apart.” We couldn’t decide if that makes it easier to be apart haha, but we definitely agreed it keeps the relationship strong while we’re apart. So do that! 🙂

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