Wondering how to save more than a $1000 dollars in a year? Do the 52 week Savings Plan Money Challenge!
So this year is about challenges and how I plan on facing them. I need to lose weight so I’m doing the 30-day squat challenge again. And I need/want to save money. Because I am really not good at it. There are two kinds of people: spenders and savers. I am a spender. So is Joseph. Which is ironic because our parents are savers.Anyway, last year I learned about the 52 week money challenge but didn’t do it. This year I’m going for ite. And when I read about Kassandra Perry-Moreland – the woman who created the 52 week savings challenge – I am inspired.
I get paid every two weeks so on my payday – before I do anything else, I’m going to pay myself first. This plan reflects my pay schedule. Because I know how I am, I will not keep to this weekly. I printed the schedule and put it at my desk at work – I put a reminder on my calendar. And I printed out the plan and gave it to Joseph so he can do it too. I hope we will be able to motivate each other to save.
What I love about this is that it starts with a $1. For many of us, it’s the change in our pocket at the end of the week. Or it’s the cost of lunch. It doesn’t seem like much but I love the end result. By the end of 52 weeks, I will have $1378 in my bank account.
I’m trying the 52 Week Money Savings Plan Challenge 2 different ways. I’m adding money to my savings account but I’m also going super old school – cash in an envelope. We will see how it works out.
If you’d like to view/print the 52 Week Savings Plan Money Challenge – click HERE.
In 2016 – Norrin turns 10 years old. And instead of a party, we are thinking of a birthday vacation to someplace special. Like for everything else, my kid is my inspiration. And I’m saving for him.
Who will you save for?