How Can You Make Managing Your Money More Fun?

What if saving money and investing for the future could be fun? Or at least, not so daunting or stressful?

Managing money can be more motivating — even enjoyable — when you gamify it.

At the very least, gamifying gets you started on the right path. And starting is half the battle.

Gamifying your money management could lead to more significant changes to your financial situation — changes that help you reach your money goals.

Read on for the best ways to gamify your money to save or invest more.

What is Gamification?

Gamification means applying game-like features to any non-game activity.

In other words, you add competition, scoring, levels, rewards, and winning as motivation to reach a goal.

The idea is to actively engage participants in an otherwise not-so-fun activity. And, hopefully, change behavior for the better.

Gamify Your Money for the Win

In a sense, the reason gamifying works is all in your head.

Making a game out of things works because you see your progress, feel in control, and experience rewards.

The most motivating games show visual progress, providing positive reinforcement and, therefore, increasing momentum.