She saves more money each week with a year long challenge. During the third week it s 45.
Download and print the clark 52 week money challenge today.
How to save money each week for a year. The second week i. With this plan you start by socking away 20 during the first week. And each week the amount you save gets progressively bigger.
By increasing your savings just 5 more each week you ll have nearly 7 000 by the end of the year when you participate in our challenge. Start by putting 52 into your savings account and work backwards. Then during the second week you save 35.
The first week of 2016 i put 1 into savings. Stay disciplined and stick to the plan and you ll have 1 378 in your account at the end of the year. The 52 week money challenge is designed this way for a couple of reasons.
Can you imagine what you could do with an extra 1 378. By the end of the year you ll have saved 1377 dollars not including any extra spare change you add into the jar. Using the 52 week money challenge you should deposit an increasing amount of money each week for one year.
At the start of 2016 i vowed to do the 52 week money challenge. The third week you save 3 the idea is to increase the amount you deposit by 1 each week until you eventually save 52 in week 52 the last week of the year. During week one you put 1 into savings week 2 2 into savings week 3 3 into savings and so on and so forth.
Some people will look at our 5 challenge and think ok no problem but others will think there s no way they could possibly come up with the money. Here s a handy chart to keep you on track. Match each week s savings amount with the number of the week in your challenge.
The 52 week savings challenge. Week 2 would be 51 week 3 would be 50 and so on.