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How Journaling Can Save You Money

Do you ever wish you could just tune out the noise of this crazy world?

Whether it’s anxiety caused by coronavirus, your financial situation, strained relationships or anything else, I’ve seen firsthand the difference keeping a journal can make.

Journaling will help you put the focus back on your life instead of everyone else’s. It will cause you to reflect on the things that matter most to you. And it will create a life at peace in the middle of chaos—one where you can be content with your life and genuinely happy for others.

With this extra time we all have to ourselves, why not make journaling a habit? Journaling has helped me practice true contentment, no matter what’s going on in the rest of the world.

People who are content . . .

  • Don’t spend as much money because they don’t feel the pressure to keep up with a certain standard of lifestyle they can’t afford
  • Put fancy date nights on pause while they’re getting out of debt because debt-free dates taste so much better
  • Invest money toward retirement because they don’t have to spend all their money on more “stuff”
  • Can break the cycle of living paycheck to paycheck because they don’t have to spend money just to feel good

But contentment isn’t a place you get to financially—when you finally have “enough” money in your bank account or the brand of car you always wanted. It’s deeper than that. It’s a place you get to emotionally and spiritually. Contentment is the inner determination to be happy and fulfilled wherever you are, with whatever you have. The Apostle Paul put it like this: “I have learned how to be content with whatever I have. I know how to live on almost nothing or with everything” (Philippians 4:11–12 NLT).

So, how do you work toward a life of contentment? I’m not saying content people just accept things as they are, but they do have faith that good things are possible because they can recognize the good things God has already done in their lives. I believe it starts with a habit of gratitude.

How to Cultivate Gratitude Through Journaling

The thing that’s helped me the most with being grateful for what I already have is keeping a journal. Journaling is powerful. All by ourselves, with a pen and paper—in the midst of uncertainty and the unknown—we grow.

Every morning, I write down two things I’m grateful for. Over the years, I’ve filled dozens of journals, and I love going back through them to remind myself of all the incredible things God has put in my life.

At the end of a long day, especially if it’s been stressful or I’m worried about something, I’ll pull out an old journal and thumb through it. Taking the time to think through the blessings in my life changes my whole outlook!

Why Keeping a Journal Increases Gratitude

Journaling has helped me love my life more than I ever thought possible, and gratitude has had an amazing effect in all areas of my life—including my financial, physical and emotional well-being. And this isn’t just my opinion. . .

In Thanks!: How Practicing Gratitude Can Make You Happier, Robert A. Emmons, Ph.D., explains that people who spend time journaling about their gratitude are “able to cope more effectively with everyday stress, may show increased resilience in the face of trauma-induced stress, and may recover more quickly from illness and benefit from greater physical health.”

Study after study by researchers from the American Psychological Association back up that your relationships, health, decision-making skills, kindness and even sleep can get better with gratitude.


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You guys you could have less stress, better sleep and healthier relationships! Are you convinced yet? Making journaling a habit will pay off in so many different ways. Trust me, it’s worth it.

The Contentment Journal will help you think of others more and of yourself a little less.

Enter your email address here to read the first section for free!

My Tips for How to Journal

Here are my four journaling tips to make this part of your daily life:

1. Pour yourself a cup of coffee.

Or if you don’t drink coffee, have a cup of tea, or eat something. This step is all about waking up your metabolism so you can focus better.

2. Look at something that inspires you.

Read your Bible, look at pictures of your loved ones, or find inspirational quotes from your favorite author. This is just to get your brain going and put you in an inspired mental state.

3. Start writing.

You can write down just two things like I do, or you can do more. The point is, don’t think too hard—you don’t have to be profound. These are meant to be real, heartfelt notes of thanksgiving. I actually created something exciting to help with this part: The Contentment Journal. It’s a guided journal with prompts to help you capture the moments that matter most to you.


4. Make it a habit.

Journaling is just like exercising a muscle – the more you do it, the easier it will become. When you work gratefulness into your daily life, you begin to see the world a different way. The key is to continue writing in your journal every day, even when it’s hard.

University of Michigan psychologist Christopher Peterson said, “There are no long-term quick fixes for happiness. So if you become a more grateful person and you add those exercises to your repertoire, you’ll be different six months or a year from now. But if you say, ‘Okay . . . I’m going back to the way I was,’ it’ll just have been a six-week high.”

For 90 days, I want you to try this. Focus on the blessings you have, but also focus on the future and write out your thoughts. Consider what you can do as an individual to move beyond complacency and into creating a life you love. Keeping a gratitude journal causes you to fix your thoughts on what really matters.

At the end of the 90 days, I believe you’ll feel more in tune with yourself, with others, and with God. And yes, I bet you’ll even have more money.

Content people don’t always have the best of everything, but they make the best of everything. So don’t wait. The Contentment Journal is a simple, 90-day plan that makes it easy to point out the things in your life that bring you joy. Together, we’ll work toward living a life of contentment—one where we can actually be happy with ourselves, happy with our lives, and happy for others, without spending a dime.

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Rachel Cruze

About the author

Rachel Cruze

Rachel Cruze is a #1 New York Times bestselling author, financial expert, host of The Rachel Cruze Show, and co-host of Smart Money Happy Hour. Rachel writes and speaks on personal finance, budgeting, investing and money trends. As a co-host of The Ramsey Show, America’s second-largest talk radio show, Rachel reaches millions of weekly listeners with her personal finance advice. She’s appeared on Good Morning America and Fox News and been featured in TIME, REAL SIMPLE and Women’s Health, among others. Through her shows, books, syndicated columns and speaking events, Rachel shares fun, practical ways to take control of your money and create a life you love. Learn More.

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