I have already set aside my $6 for this week and I am so proud of the fact that I am actually remembering to do it without a reminder because that means I am creating a good habit. Let’s just hope I continue to do so. How have you been doing with the 52 Week Money Challenge?
*Don’t forget that I have a $5 Paypal Giveaway going on to help you with setting money aside. You can enter HERE.
Being that we are currently on week 6, you need to add (or should have already added) $6 to your savings…highlighted in yellow in the chart above.
- Week 6 Deposit Amount $6
- Previous Account Balance $15
- New Account Balance $21
If you haven’t done it yet, it is not too late to get started just put in the amounts for weeks 1-6 (a total of $21). To keep track of where you should be, I have also created a 52 Week Money Challenge Schedule for you to reference.
If you missed the post explaining it all, here’s how the 52 Week Money 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 4, you deposit $4. On week 12, $12, week 23 $23, week 38 $38 and so on and so forth. Just 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 6 Deposit Amount $47
- Previous Account Balance $250
- New Account Balance $297
**Don’t forget I’ll be doing giveaways some of the weeks, so keep checking back! Every little bit helps.
WE CAN DO THIS!!!!!!
