Extreme Couponing Mom’s 52 Week Money Savings Challenge
52 Week Money Savings Challenge
This year I want to start saving, like really saving. This 52 week money savings challenge is an easy way to save a nice chunk of cash without really breaking the bank! You can start at week #1, go backwards starting at week #52 or alternate weeks. Whichever way you would like to work the chart is totally up to you.
Use the money saved at the end of the year to do Christmas shopping, take a trip or keep it in your savings account. In the new year start the 52 week challenge over again to continue to save. Maybe you are saving for a down payment on a house, school tuition, new car, an engagement ring or your retirement savings. Whatever you are saving for the possibilities are endless.
However, if you can afford to double it the amount some weeks DO IT. You will be surprised how much more you can save. It truly is a simple and effective way to save all year-long! If you get some extra money one week pop it in with that weeks amount. At the end of the year you will be further ahead than you expected.
There are lots of high interest savings accounts as well as no-fee bank accounts you can open. Having one will lessen bank fees. You can also set up your savings account as a bill payment through your bank and pay into it the amount each week without getting nabbed for bank fees!
Saving money for me used to be a really hard task. Since implementing the 52 week money savings challenge back in 2013 I have saved over $7,000.00.
If you are looking for a short-term savings challenge you should check out my 30 Day Money Savings Challenge. It is a great way to save some extra cash fast.
Leave a comment below if you are taking this challenge and don’t forget to SHARE this post to your social media so all your friends can save too!