Are you doing the 52 Week Money Challenge or the Reverse 52 Week Money Challenge this year? If so, I’ve gone ahead and created a 2018 Schedule for you to reference. You can click on the link (so it gets larger) and print.
To refresh your memory…
52 Week Money Challenge
Each week of the year, 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 #1, you deposit $1. On week #2, $2, week #13 $13, week 24 $24, week #35 $35 and so on and so forth.
Reverse 52 Week Money Challenge
You could also work backwards and start with an initial savings of $52 so that it only gets smaller as the year goes on. You start with the highest amount and work your way down (Week #1: $52.00, Week #2: $51.00, Week #3: $50.00, etc.). Plus, with that initial amount you could deposit it immediately into a savings account since you need a certain amount to get an account opened.
Another option…
You could also consider putting in double the amount each week, so you have double the amount at the end of the year.
Want to Keep Track Of Your Savings? Simply print out the schedule and cross off each week as you go along.
Organizing your Finances…
Check out these FREE Saving Money Printable Resources
Very good idea, I never thought of doing it, but thanks for the inspiration. And for the easy printout.
This is a great idea for my nephews on how to save money over a period of time!
This is a great idea and easy way to save up some money.