Do you need a visual for your 52 Week Money Savings Challenge to keep you focused? I have created this simple printable chart for you to print and fill in as the weeks progress throughout 2014. The 52 Week Money Savings Challenge printable chart will help you keep track of your goal for the year!
Just click here to print: 52 Week Money Savings Challenge
What is the 52 Week Money Savings Challenge
The 52 Week Challenge is on! This is the first week of 2014 and of course everyone is making their New Year’s Resolutions to lose weight and save money. In today’s economy that is of course easier said than done! Hopefully, this can help a few of use gradually ease ourselves into the habit of saving money.
How It Works
The 52 Week Challenge is based on 52 weeks in a year. You start off week one putting $1 into your savings. Then $2 on week two, $3 on week three and so on. Until the very last week of the year you put $52 into savings. You will save a total of $1378.00. I have also heard of people doing the plan backwards. Start you year off saving $52.00. This may make it easier for some.
Take It a Step Further
At the end of each month IF you have any extra money deposit that in your savings also. Or, on the $15 of each month deposit $15 into your saving. This will add to your saving for the year by $180.00 making your grand total $1558.00!
I know that does not seem like a lot but, wouldn’t it be nice to have that money in the bank in-case you need it for an extra expense or a family vacation! I know it will not be easy but, it will be something to stride to do this year!
If this plan is not for you check out my 52 Week Money Saving Challenge Alternative Plan Printable Chart.