5/19/2023 0 Comments Weekly savings planner![]() Start with $2, then save $4 the second week, then $6 the third. ![]() If you prefer to save closer to $3000, try doubling the traditional weekly savings plan Double Weekly Savings Challenge: Save $2756 ✨ Don’t forget to grab all these money saving challenges, PLUS the 100+ Ways to Save Money ebook in the Rock Your Savings Bundle! It’ll make saving money feel much more achievable!ħ. Sticking with the same amounts as the traditional plan, cross of $1-52 each week, depending on how much you’re able to save. This ‘bingo’ method of savings let you choose how much you save that week based on your budget. You know how some weeks you have fewer expenses, and then other weeks you have to fix your broken furnace? You’ll never have to save more than $103 in a biweekly paycheck, and still end up with $1378.Ħ. On the first payday, you’ll save $3, then $7 the next, then $11, and so on. If you get paid every other week, you can still save $1378 in just 26 paychecks. Biweekly Money Saving Challenge: Save $1378 Just like the traditional plan, you’ll have an extra $1378 at this time next year.ĥ. Week 1, save $52, Week 2, save $51, Week 3, save $50, and so on. If you want to start out strong, or notice your savings accumulate faster, try the reverse money saving challenge. If you’re starting this challenge at the beginning of the calendar year, you may be thinking that you’re not going to have an extra $52 around Christmas time. Reverse Traditional Savings Plan: Save $1378 With this savings challenge, you simply save $1 the first week, $2 the second, $3 the third, etc.īelieve it or not, that one easy strategy adds up to over $1375 at the end of a year!Ĥ. Traditional Weekly Savings Challenge: Save $1378 Sticking to a Budget: 15 Budgeting Tips for Beginners 3. You’ll end up with an extra $600 at this time next year.īudgeting for Beginners: A Step by Step Guide for Getting Started The most you’ll ever have to save is $20 in a week, making it realistic for many budgets. To change it up a bit, yet still keep saving simple, alternate saving $5 one, week, $10 the next, and $20 the third. 5-10-20 Weekly Savings Challenge: Save $600 That could make the perfect Christmas fund, or the start of your emergency savings account.Ģ. You’ll end up with almost $700 at the end of a year! Save 50 cents Week 1, then $1 in Week 2, $1.50 Week 3, and so on, adding 50 cents each week. Mini Challenge for Tight Budgets: Save $689 This Year Let’s dive in! Fifteen 52 Week Money Savings Challenge Ideas 1. The 52 money saving challenge works because it uses the power of consistency to build your savings.īy saving a little money every single week for one year, adding to your savings feels achievable and easier than large lump sums. You can even save money on a low income, using these ideas.īe sure to check out the bottom of the post for some easy money saving hacks! Does the 52 week money saving challenge work? No matter what your budget, you’ll find one that works for you. Here are 15 money saving challenge ideas to consider. You may have to make some adjustments to your current spending in order to accommodate your new savings plan. It really depends on your goals and budget. How much do you save doing the 52 week money challenge? You can view my full disclosure policy here. If you’re more of an excel spreadsheet person, that works too! I even created a blank 52 week money challenge printable, so you can keep track of how much you’re saving. Time passes anyway, so you may as well do your future self the favor of having money saved.īy breaking up your savings plan into small weekly increments, you won’t feel the strain as much. Then it’s a habit.Īnd before you know it, you’ve reached your goal! But any goal is reached by doing simple tasks over and over. You might think that only saving a little per week wouldn’t add up to much. Is the 52 week money challenge a good way to save? ✨ You can grab all these money saving challenges, PLUS my 100+ Ways to Save Money ebook in the Rock Your Savings Bundle! It actually turns saving into a FUN game! You can choose one or more, and adjust them however works best for you. These money saving challenges are simple and straightforward. When it comes to bothersome tasks like saving money, it helps to make it a game. These weekly savings plans can really help you turn your finances around. Here are fifteen 52 week money saving challenge ideas to kickstart your goals! ![]() If you want to have more money at this time next year (or even next month), try doing a money savings challenge. Fifteen weekly savings plan ideas! Try one of these 52 week money saving challenges, and use the printable chart to save a ton of money this year!Īre you wishing you had more money saved? Maybe you have a special event or item you need money for, or really want the safety net of an emergency fund.
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