52-Week Savings Challenge
Hey you! I do a lot of reading and researching on becoming debt free, but also on easy ways to save. This may be something you already know about, but I came across this 52-week savings challenge in my recent “studies”.
I love this idea. It’s almost too easy. So, I was chatting with my boyfriend about it tonight in fact, and like me, he is all about getting out of debt and saving. As soon as I explained it to him, he was instantly on board to do this with me.
In case you haven’t heard of the 52-week savings challenge, here is a chart to show how it works:
So, Week 1, you contribute $1.00, Week 2, $2.00, and so on. At the end of the year, you’ve saved $1378.00!
Bonus: Putting that money in a high interest savings account each week, just to gain a little extra.
I find the 52-week savings challenge a very easy and doable way to save up some extra moula, while I can still go strong on paying off my credit card. The first dollar goes in today!
Have you tried this challenge and continued right to the end?
26 Comments
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