Whether you are saving for a downpayment on a new house or you want to pay off your current house faster to save money on interest in the long run, this cute house savings tracker printable is for you!
Download this printable for free without giving an email, and you can track your savings visually! This house savings tracker printable is so cute with its bricks, and I love the flexibility to decide how much you want each brick to be worth.
House Savings Tracker Printable
If you’re looking for a way to make saving more fun, this coloring page printable will help you save more and reach your goals faster!
This printable would also be great to save up for a home improvement project too!
Why You Need a Savings Tracker
I don’t know about you, but if I don’t have a plan for my money, I will just spend it in day-to-day spending. But at the beginning of each year, I like to sit down and think about the upcoming year and all my financial goals.
This might include eventually buying a house or paying down my loan faster so I don’t have to pay interest. It might also include major renovations or upgrades to my home!
A hack I love is to make one extra mortgage payment per year on our house, which will help us pay down our 30 years mortgage faster and save significantly on interest over time!
<<Download the free vacation savings tracker and start saving>>
Having a savings tracker to keep your most important goals right in front of you, helps you stick to and achieve your goals!
A little goes a long way! Putting away $20 here and $30 there can really make a difference in the long run! ESPECIALLY if you’re investing it or putting it in a high yield savings account to multiple your money!
The Benefits of a Savings Tracker Coloring Page
Another benefit of a tracker like this is it will help build a habit of saving. Each time you either transfer money from a checking account to a savings account or put cash in an envelope, you can color in one of the little pictures.
This cue and reward system builds a strong habit of saving. The visual picture gives you something to work towards and helps you make decisions that align with what will truly bring you joy or meet your needs.
Other post: How to Build Good Habits That Stick and Drop the Bad Ones
How to Use This Savings Printable Template
This is a fun printable designed to add a little creativity and encouragement. You can choose how much you want each symbol to be worth.
If you need $40,000 for a downpayment that may seem daunting. But just starting little by little and see where momentum takes you. Everything counts! Feel free to print off this sheet multiple times and store in a home management binder! Again, little by little makes a difference, you can do this!
This is a super easy way to stay motivated and to remember your goals!
If you don’t have a home management binder, keep it on your fridge or an easy to see place to mark it off on a regular basis.
Frequently Asked Questions about Saving for a New Car
How much should I save each year for a home?
As I mentioned before, we make at least one extra mortgage payment towards our current house each year. But when we were saving for a new home, we set aside all of our extra savings to go towards this goal. Since normally this is a longer term goals (5-10 years down the road), the money can grow in the market. Of course, everyone should consider their own ability to handle this financial risk!
I’m not a financial advisor but this has worked for us. In general the market returns 7% on average per year since its inception but even higher in recent years.
Where should I keep my savings fund?
This answer is also variable.
Many people create a separate savings account just for specific savings goals so that it is easier to track. Others use the envelope system or a High Yield Savings Account.
Others use a money market fund.
As I mentioned before, opening a taxable brokerage account might be a great step to saving for big purchases like this that are down the road.
The final thing you should know about this house savings tracker printable…
It’s entirely free so don’t forget to grab it today (you don’t even need your email!)
Other Savings Tracker Ideas and Posts You Might Like:
Simple Zero Based Budget Template FREE Printable
Vacation Savings Tracker Printable
