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    Home » Money Saving Tips » Budgeting

    52 Week Money Challenge – Save over $1300 this Year

    Published: Jan 1, 2014 · Modified: Feb 21, 2017 by Alison · This post may contain affiliate links ·

    52 week money challengeDownload the FREE 52 Week Money Challenge Here.

    Could you use an extra $1,378 for the year? I know I could! I challenge you to take the 52 Week Money Challenge this year to see if you can save up $1,378. It’s so easy to do and takes no time at all.

    Here’s how it works:

    For the first week, you tuck away $1, the second week $2, and so on and so on. You could either open a free savings account where it doesn’t require a certain amount of money in it or tuck it away to where you won’t touch it.

    You can also do it in reverse order where you start with $52 the first week, then $51 the next week and so on and so on.

    Then at the end of the 52 weeks, you will have saved $1.378 that you can use on Christmas Gifts, Vacation, Emergency Fund, and more.

    I do something similar to this. What I do is have my bank automatically take $25 , $6, & $30  out of my check every other week. The $25 goes into a fund that I use for Christmas, the $6 goes into my emergency fund, and the $30 is divided into my 3 kids bank accounts giving them $10 each towards their college funds.  Since it is automatically taken out, I never miss it and it is not a huge amount.

    I really like the 52 week challenge and I am going to try it to save for Vacation. Let me know your thoughts on this challenge and what you will use the money for.

     

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    Alison is a wife and mother of three who embraces the simple life, finding joy in easy recipes, DIY projects, life hacks, and her passion for travel. Learn more about me!

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    Alison McFadden

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