Introducing the Atlantic Credit Union Round-Up Challenge

< Back to all articles

The start of a new year is the perfect time to decide you’re going to stop spending money on stupid stuff. Or to declare you’re going to save $5,000. Or to finally be able to pay off some of that lingering debt. Or get your retirement savings underway. But unless you’re willing to make some changes to your financial habits—or win the lottery—it’s going to be hard to make any of those financial dreams come true. 

Sure, change is hard. But saving it doesn’t have to be. And that’s exactly the point—you don’t need to save stacks and stacks, all it takes is a little bit to get you started that will lead to bigger things over time. 

That’s why we’re kicking off a fun and informal challenge to help you get your finances in order—or at least see how your pocket change can lead to a bigger change over time. We’re calling it the Round-Up Challenge, and it’s easy, free, and fun to take part in!

Here’s how it works:

·         For the month of January, every time you spend money on something, round your purchase up to the next dollar.

·         Then, take that extra money and put it aside. For example: if you spend $4.50 on lunch, round it up to $5 and put the extra $0.50 aside.

·         Now repeat for every single purchase you make for the whole month.

·         At the end, take what you’ve saved and invest it in your TFSA, RRSP, or other long-term savings plan to help reach your financial goals.


Sounds easy, right? There’s lots of ways to up your game:

·         Round-up to the nearest dollar and then add $1 or $5 (or more).

·         At the end of the month, take what you’ve saved and double it.

·         Why stop on January 31? Keep it going for as long as you can!


And because doing stuff like this is always easier with a buddy, we’ve challenged four willing volunteers—Casey, Zach, Amanda, and Brandon—to get in on the fun and report in on how they’re doing. We encourage you to join in the fun too! Tag us on social media using the hashtag #CURoundUp to let us know how you’re doing.

And if you’re just looking for a bit of advice with how to get started, what to do with all that money you’re going to save, or long-term savings advice in general, talk to your local credit union.