- Put away $1.00 on week one. Usually, this will happen on a Friday.
- The 2nd week, put away $2.00, which will give you $3.00 total tucked away.
- Do this every week with the corresponding week (Week 3 = $3.00, Week 4 = $4.00) until you hit week 52 where you deposit $52.
- At the end of week 52, you will see that you've saved a total of $1378.00. CHA-CHING!!
Wednesday, March 19, 2014
Save Money Now!
Hello awesome brainiacs! I hope life is treating each of you well! I wanted to share with you a cool tip I learned about from a good friend of mine. It's a way to save over $1000 in one year. It's super easy too! It's called the 52 Week Money Challenge. Here's how it works:
The 52 Week Money Challenge usually starts on the first week of the new year. However, why wait then when you can start now! Open a savings account if you haven't done so yet, and start with $1.00 this Friday.
If you are OCD like me and you really need to follow rules, we will be on week 12 this Friday. If you're able to, tuck away $78.00 this Friday and then next week Friday you can add $13.00 to your savings and continue till the 52nd week. Voila! Over $1300 in the bank that you saved for a rainy day! What are other saving tips you've used?