52 Week Money Challenge

52 WEEK MONEY CHALLENGEWe all know it is hard sometimes to save money, but when I ran across this idea, I had to share it.  It is a 52 Week Money Challenge and since 2014, a new year is quickly approaching, this is the perfect time to start this!

Here’s how it works:  Week one, you put $1 away.  Your account balance is now $1.  Week two, you put $2 away, your account balance is now $3.  With each new week that arrives, you put that dollar amount away and your account balance increases.  At the end of 52 weeks, you will have saved a total of $1,378!  You could use this money for Christmas, or to pay off some bills, but whatever you want to use it for, it will for sure come in handy!

I will tell you the truth, this is not going to be easy.  We tried it this year and got hung up at a certain week and failed to contribute the rest of the year.  I am going to try this again for 2014 to see how much we can save.

52 WEEKSIf you want to join in this 52 Week Money Challenge with us, just grab our “52 Weeks” button and add it to your blog and link it back to this post!  I will keep a list updated as to who joins in with us! Encourage others to join in too by writing your own blog post about this subject, and link it back to this post!

Click HERE to download the 52 Week Money Challenge PDF so you can follow along with your savings for 2014.  Just think, if you can finish this challenge completely in 2014, you will end your year with $1,378 in cash!  Now, that is something we could all use at the end of the year, eh? (you could even use the extra cash for a vacation that you have been putting off, now you can take it!)  Print out the PDF and hang it on your fridge or in a place where you can look at it all the time to remind you, then when you finish a week of saving, just cross off that week.  Note: Even if you miss a week, you can just catch up the next week!

And, for all of those “crafty” people out there, go grab yourself a nice empty jar, a coffee can, whatever you want, and spruce up the jar or can into something fun!  (My jar is an empty Salsa jar since I love Salsa!) Heck, for those of you who want to join this challenge with us, it would make for an interesting blog post to see of all of our jars & cans!  Go grab your beads and bling-bling and get your money container ready for the new year!

So, who’s in for the challenge with us?

How Are You Doing On Your 52 Week Money Challenge?

52 WEEK MONEY CHALLENGEWe are now starting week five of January, a new year, and a new start at saving some money this year.  If you have joined with us to do the 52 Week Money Challenge, let us know!  Since we are starting week five of the challenge, you should have just put away $5 into your savings jar.  If you have, then the total amount you should have in your jar so far should be $15.

Week one, you put away $1.  Week two, $2 (total $3), week three $3 (total $6), and week four $4 ($10).  This is an interesting way to save money throughout the year, and although we know it is going to be difficult as the weeks “add up”, and your contribution to your jar increases too, but the final outcome is what we are all shooting for.  When you complete the entire 52 Week Money Challenge, you will have saved a total of $1,378, now that is something that will definitely make you smile at the end of the year, right?

If you have not started this challenge yet, you can always play catch up and just grab a jar, any jar, (I used an empty salsa jar) and put $15 in your jar as of today.  Now you are caught up, until next week when you will have to add $6 to the jar to make a total of $21 in your jar.  Get it?

Sometimes, saving money these days is really hard, but this challenge got me excited enough to give it a try.  Even if I have to give up purchasing something during the week that I “don’t need” (and we all know that we make those impulse purchases), then I will have the money to place in the jar.  I am shooting for a BIG goal here, and I want to reach that goal, so some discipline is needed for this challenge.

Let us know if you have joined this 52 Week Money Challenge with us, and show us what “jar” or “container” you are using for your stash!  Good luck, and just think of what you can purchase at the end of the year with all that moola!

52 Week Money Challenge

We all know it is hard sometimes to save money, but when I ran across this idea, I had to share it.  It is a 52 Week Money Challenge and since it is a new year, this is the perfect time to start this!

Here’s how it works:  Week one, you put $1 away.  Your account balance is now $1.  Week two, you put $2 away, your account balance is now $3.  With each new week that arrives, you put that dollar amount away and your account balance increases.  At the end of 52 weeks, you will saved a total of $1,378!  You could use this money for Christmas, or to pay off some bills, but whatever you want to use it for, it will for sure come in handy!

So, who’s in for the challenge with us?

Click here for a PDF of how the challenge looks on paper!