Forgive me for not posting about Week 10 & Week 11 of the 52 Week Money Challenge. On week 10, I was on a press trip in LA and for week 11, I was dealing with having strep throat.

It’s week 12 of the 52 Week Money Challenge and by now (without adding the $12 for this week) you should already have saved $66 (it’s starting to add up). Plus, the fact that you have been diligent about saving means that you are creating a very good habit.

52 Week Money Challenge - week 12

Being that we are currently on week 12, you need to add (or should have already added) $12 to your savings…as highlighted in yellow in the chart above.

  • Week 9 Deposit Amount $12
  • Previous Account Balance $66
  • New Account Balance $78

If you haven’t done it yet, it is not too late to get started just put in the amounts for weeks 1-12 (a total of $78) or break it up into 2 deposits if you need to.

To keep track of where you should be, be sure to check out the 52 Week Money Challenge Schedule I created for you to reference.

If you missed the post explaining what the 52 Week Money Challenge is, here’s how the Challenge works:

Each week of the year (52) you save a designated amount (based in the week #) and by the end of the year, you will have saved $1378.00 (that doesn’t include any interest it may accrue if you deposit it into a savings account).

So on week 7, you deposit $7. On week 22, $22, week 34 $34, week 46 $46 and so on and so forth. I suggest you print out the chart and cross off each week as you go along.

You could also work backwards and start with an initial savings of $52 (Reverse 52 Week Money Challenge) so that your deposit amounts get smaller as the year goes on. If you started backwards, then:

  • Week 12 Deposit Amount $41
  • Previous Account Balance $517
  • New Account Balance $558

**Don’t forget I’ll be doing giveaway for the deposit amount sooner than later, so keep checking back!