Spring Forward Your Finances for Daylight Savings Time

Spring Forward Your Finances for Daylight Savings Time

I’m sure you’re excited as I am about longer daylight hours. I love waking up in the morning with the sun shining and heading home after a long day with the sun still high on the horizon.

The amount of time hasn’t changed. We still have 24 hours but the amount of sunlight during the day increases as we approach summertime.

Technically, we lost an hour when we forwarded our clocks by one hour. I won’t talk about the pros and cons of Daylight Savings Time. You can read about the history and spend time reading conversations about DST lovers and haters.

Daylight Savings Time is a fact of life in the United States. And another fact of life in America is the low savings rates. A GobankingRates.com article stated that “nearly 30% of Americans aren’t saving more money.”

We aren’t saving enough money for emergencies or our retirement.

So, I’m claiming Daylight Savings Time as the perfect time period to spring forward your finances.

What’s great about saving money during the Daylight Savings Time period is a beginning and end. For non-savers or beginners, you can use this period to build on your habit of savings.

Daylight Savings Time is exactly 238 days. I’m challenging you to save money each and every single day. What’s the prize for completing the DST savings challenge? The pride you’ll feel seeing $238 dollars in a savings account.

Two-hundred thirty-eight dollars might not seem much, but if you have no savings it’s a huge step. A survey found that half of Americans will face financial ruin caused by a $400 emergency. So you can see how this DST challenge is important.

The goal of this Daylight Savings challenge is to ingrain a habit of savings with just $1 each day for the next 238 days. If you read this article after we’ve sprung forward our clocks, you can always catch up.

How to Save During Daylight Savings Time

1. Set your $238 savings goal. I suggest you use Google Calendar to keep track of this period. Name it $238 Daylight Savings Challenge – Transfer $1 a Day. This is a good reminder each and every day.

2. Open a savings account. If you don’t have a savings account, I suggest you open new savings account with your current financial institution or with an online bank. Title this savings account $238 Daylight Savings Challenge. You can find a savings accounts in the product marketplace.

3. Transfer $1 each day into your Daylight Savings account. You can manually transfer the dollar from your checking account into your savings account. Or you can set up automatic transfers to take place for $238 days. But I want you to be mindful because part of this challenge is to change your habits.

Can’t find a dollar a day to make this challenge work for you? Consider finding ways to increase your income through a side hustle. You can offer your time and services to family and friends for money and use the earnings for the challenge.

Additionally, you can look at ways to decrease your monthly expenses. Call up your cell service provider, utility companies, and review your subscriptions. I suggest canceling services, asking for discounts, and shopping around for lower cost alternatives. For example, I once called my cell service provider and my monthly bill was lowered $10 and I opted to share the monthly Netflix subscription cost with my roommate saving $5. With this example, I had $15 each month available to cover 15 days.

I hope you consider this savings challenge. Again, it doesn’t seem too challenging when you consider $1 a day for 238 days. So if you’ve decided to take this challenge I ask you to comment and share with others. Join the group and get motivated.


  1. What a great idea, Jason! This reminds me of our "Christmas All Year Round" savings game. My husband and I basically put away $30 each per month into our Christmas savings account. By Thanksgiving, when most people are trying to figure out how the heck they're gonna buy all those Christmas presents, we are done saving! The beautiful part about all this is, it takes very little effort to snowball the savings :-) Thanks for the idea - we might just start this too!!
    • Thanks. What I hope will happen by the time spending season starts is this ingrained savings habit.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Main Menu