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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:

  • 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!!

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?


  1. Replies
    1. It's super easy too! Who would've thought, right? Thanks for stopping by!

  2. That's what I said too! The power of compound numbers is truly evident here :). Thanks for stopping by!