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A First Look at SaveUp.com: Get Rewarded for Being Smart With Money [Giveaway!]

A First Look at SaveUp.com: Get Rewarded for Being Smart With Money [Giveaway!]

Talking about money and the economy can sure be depressing for most, especially since we haven’t seemed to shake the “Great Recession” and many areas of the world are under financial pressure. But, as some think we are starting to “come out of” the worst of it, we all can afford to look forward and try to reach our financial goals. And, since we are doing that, it may be cool to be rewarded for it.

In a nutshell

    SaveUp is a new service that rewards you for saving money, paying down your debt, and learning about finances. By adding your bank accounts, loan providers, and credit card accounts to your profile, you collect “credits” that you can use to play against certain giveaways. These giveaways aren’t like little dinky $10 Amazon cards or anything; we’re talking Home Gaming Set Up’s worth $5,000, or Round-Trip Tickets worth $400. As of today there is even a SaveUp Super Jackpot worth $2 million.

    Talk about motivation for learning about money and saving.

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    The process

      Prizes at SaveUp are pretty crazy.

      After signing up for a SaveUp you are directed to your Home area where you can view some of the prizes as well as start to put some of your credits towards them.

      When I first signed up I started with 30 credits and 3 plays. When playing a prize it will tell you how many credits you are going to use. After you have played you are down one of your “plays” for the day.

        Watch videos about money to get credits.

        You can get new credits in all kinds of ways. You can add new checking and savings accounts, add debt or loan accounts, watch videos related to learning about money and finance, accepting and completing challenges, and the big one, by paying down your debt and saving money. At first, it’s pretty easy to rack up some tickets, but you have to remember that you can only play 3 times per day.

        Thoughts

        There is a lot that SaveUp has going for it. The idea that you can win incredible prizes for adding accounts, learning about money, and saving and paying down your debt is extremely compelling.

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        If you are worried about the security of your accounts, that isn’t a bad thing. The good news is that SaveUp uses the same type of encryption that Mint and other financial instituions use (256-bit SSL), making it just as secure. Of course, you should always be careful with your online accounts, but if you practice the same safe password practices that you do with your other accounts, you shouldn’t have any issues.

          Winning more credits.

          Another awesome touch that SaveUp offers is that even if you obtain a ton of credits, you can only use 3 plays per day, making people that pay more in debt and save more not have an unfair advantage. That means us Joe Shmoes have the same chances as Mr. Money Baggs on the hill. Not bad.

          The prizes that you can win are serious. Like I said earlier these prizes are in the thousands and even millions. That’s pretty crazy if you think about it.

          Pools are a new feature that SaveUp added that allow you to add friends and family to your profile and then use them to play different prizes. This helps increase your chances of winning as well as encourage all of your groups to save and pay down debt with you.

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          On another note, the design and interface of SaveUp is appealing and intuitive. You aren’t bogged down by too many settings or confusing options making the user experience really good.

          Conclusion

          I think that SaveUp is great. If you can get around the idea of using your saving and debt paying as a way to play games and potentially win prizes then SaveUp is probably one of the best ways that I have seen to motivate you to do what is right with your money.

          Oh, and by the way, because we at Lifehack like you so much and the people at SaveUp are so darn cool, we are partnering up with them to offer Lifehack readers (US only) a chance to win $500! You can use the $500 any way you want, but we suggest using it to pay down debt, to start a savings account or 401K, or maybe even use it to by some of those shiny productivity tools you have been eying up.

          All you need to do is signup for The Lifehack Letter, Lifehack’s new, monthly newsletter that will bring you exclusive content and special offers. After signing up and verifying your email address, you will be sent a special link that you can use to create a new SaveUp account and have access to the $500 giveaway!

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          The Fine Print

          Employees of SaveUp.com and of Stepcase (including current independent contractors of both) are not eligible for this contest. The winner of the $500 will be announced by SaveUp on 3/6/2012 via email. This prize will only be accessible to readers that use the special link that is sent in The Lifehack Letter welcome email. Any questions about rules and terms visit SaveUp’s rules and terms pages.

          Good luck!

          More by this author

          CM Smith

          A technologist and writer who shares advice on personal productivity, creativity and how to use technology to get things done.

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          Last Updated on January 2, 2020

          How to Break Out of Your Comfort Zone

          How to Break Out of Your Comfort Zone

          Over time, we all gather a set of constricting habits around us—ones that trap us in a zone of supposed comfort, well below what our potential would allow us to attain. Pretty soon, such habits slip below the level of our consciousness, but they still determine what we think that we can and cannot do—and what we cannot even bring ourselves to try. As long as you let these habits rule you, you’ll be stuck in a rut.

          Like the tiny, soft bodied creatures that build coral reefs, habits start off small and flexible, and end up by building massive barriers of rock all around your mind. Inside the reefs, the water feels quiet and friendly. Outside, you think it’s going to be rough and stormy. There may be sharks. But if you’re to develop in any direction from where you are today, you must go outside that reef of habits that marks the boundaries of your comfort zone. There’s no other way. There’s even nothing specially wrong with those habits as such. They probably worked for you in the past.

          But now, it’s time to step over them and go into the wider world of your unused potential. Your fears don’t know what’s going to be out there, so they invent monsters and scary beasts to keep you inside.

          Nobody’s born with an instruction manual for life. Despite all the helpful advice from parents, teachers and elders, each of us must make our own way in the world, doing the best we can and quite often getting things wrong.

          Messing up a few times isn’t that big a deal. But if you get scared and try to avoid all mistakes by sticking with just a few “tried and true” behaviors, you’ll miss out on most opportunities as well.

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          Lots of people who suffer from boredom at work are doing it to themselves. They’re bored and frustrated because that’s what their choices have caused them to be. They’re stuck in ruts they’ve dug for themselves while trying to avoid making mistakes and taking risks. People who never make mistakes never make anything else either.

          It’s time to pin down the habits that have become unconscious and are running your life for you, and get rid of them. Here’s how to do it:

          1. Understand the Truth about Your Habits

          They always represent past successes. You have formed habitual, automatic behaviors because you once dealt with something successfully, tried the same response next time, and found it worked again. That’s how habits grow and why they feel so useful.

          To get away from what’s causing your unhappiness and workplace blues, you must give up on many of your most fondly held (and formerly successful) habits. and try new ways of thinking and acting. There truly isn’t any alternative. Those habits are going to block you from finding new and creative ideas. No new ideas, no learning. No learning, no access to successful change.

          2. Do Something—Almost Anything—Differently and See What Happens

          Even the most successful habits eventually lose their usefulness as events change the world and fresh responses are called for. Yet we cling on to them long after their benefit has gone.

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          Past strategies are bound to fail sometime. Letting them become automatic habits that take the controls is a sure road to self-inflicted harm.

          3. Take Some Time out and Have a Detailed Look at Yourself—With No Holds Barred

          Discovering your unconscious habits can be tough. For a start, they’re unconscious, right? Then they fight back.

          Ask anyone who has ever given up smoking if habits are tough to break. You’ve got used to them—and they’re at least as addictive as nicotine or crack cocaine.

          4. Be Who You Are

          It’s easy to assume that you always have to fit in to get on in the world; that you must conform to be liked and respected by others or face exclusion. Because most people want to please, they try to become what they believe others expect, even if it means forcing themselves to be the kind of person they aren’t, deep down.

          You need to start by putting yourself first. You’re unique. We’re all unique, so saying this doesn’t suggest that you’re better than others or deserve more than they do.

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          You need to put yourself first because no one else has as much interest in your life as you do; and because if you don’t, no one else will. Putting others second means giving them their due respect, not ignoring them totally.

          Keeping up a self-image can be a burden. Hanging on to an inflated, unrealistic one is a curse. Give yourself a break.

          5. Slow Down and Let Go

          Most of us want to think of ourselves as good, kind, intelligent and caring people. Sometimes that’s true. Sometimes it isn’t.

          Reality is complex. We can’t function at all without constant input and support from other people.

          Everything we have, everything we’ve learned, came to us through someone else’s hands. At our best, we pass on this borrowed existence to others, enhanced by our contribution. At our worst, we waste and squander it.

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          So recognize that you’re a rich mixture of thoughts and feelings that come and go, some useful, some not. There’s no need to keep up a façade; no need to pretend; no need to fear of what you know to be true.

          When you face your own truth, you’ll find it’s an enormous relief. If you’re maybe not as wonderful as you’d like to be, you aren’t nearly as bad as you fear either.

          The truth really does set you free; free to work on being better and to forgive yourself for being human; free to express your gratitude to others and recognize what you owe them; free to acknowledge your feelings without letting them dominate your life. Above all, you’ll be free to understand the truth of living: that much of what happens to you is no more than chance. It can’t be avoided and is not your fault. There’s no point in beating yourself up about it.

          Final Thoughts

          What is holding you in situations and actions that no longer work for you often isn’t inertia or procrastination. It’s the power of habitual ways of seeing the world and thinking about events. Until you can let go of those old, worn-out habits, they’ll continue to hold you prisoner.

          To stay in your comfort zone through mere habit, or—worse still—to stay there because of irrational fears of what may lie outside, will condemn you to a life of frustration and regret.

          If you can accept the truth about the world and yourself, change whatever is holding you back, and get on with a fresh view on life, you’ll find that single action lets you open the door of your self-imposed prison and walk free. There’s a marvelous world out there. You’ll see, if you try it!

          More About Stepping Out of Comfort Zone

          Featured photo credit: teigan rodger via unsplash.com

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