Optimal Finance Daily · Monday, September 28, 2026
Paula Pant, author of affordanything.com, proposes the '1% Challenge' as a simple method to increase savings. The strategy involves automatically transferring an additional 1% of earnings to savings each month, making it easier to live on the remainder without meticulous budgeting.
“Yank your savings from the top. Go wild with the rest.”
“No tracking pennies, no scrutinizing receipts, no brain power whatsoever. Which is why I like it.”
“Starting today, save an additional 1% of your earnings.”