52 Week Money Challenge! [Save Money]

Discussion in 'Personal Finance' started by rob, Dec 31, 2013.

  1. rob

    rob Administrator Staff Member

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    Whether you're looking for a New Years Resolution or simply want to start saving, the 52-week money challenge is an incredibly simple way to get motivated, get started, and stay on top of your new goal. Here's how it works:

    moneychallenge.jpg
    • Get a large jar and put it somewhere safe (hopefully it will have a lot of money in it soon!)
    • Put 1 dollar in the jar on Day 1
    • During Week 2, put at least $2 in the jar
    • During Week 3, put at least $3 in the jar
    • Continue this process until you've put $52 in the jar on Week 52
    • Track your progress with the chart above
    At the end of the 52 weeks you will have accumulated more than $1,300 in savings! And don't limit yourself... when you've got change on your dresser or an extra couple dollars in your pocket, consider tossing that money into the jar as well. You'll feel great having saved up all this extra money with very little extra effort. Saving isn't hard... you just have to be aware and committed!

    Anyone going to try the 52 week challenge in 2014?
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  2. phases

    phases Administrator Staff Member

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    This is a pretty sweet approach. I'll do it if you do it!
  3. DesmondDalton

    DesmondDalton New Member

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    We used to the same when we were kid. But I appreciate your efforts.

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