52 Week Money Challenge: Mommyland Style

7 Jan

For the last few years I’ve seen the 52 week savings challenge pop up in January. It’s a simple way to save some extra money over the course of the year.

I’ve even tried it. It was really easy at the beginning of the year since in the first month you’re only saving $10. The year I gave it a try I noticed that by the time I got to Thanksgiving it was getting harder and harder to keep up. As we near the end of the year I have a difficult time socking away “extra” money since around the holidays there really isn’t much extra around here.

I thought about it and thought that it’s a lot easier to put larger amounts of money away at the beginning of a year and save the smaller amounts for the end of the year when I’m busy buying gifts and paying off Christmas. Saving more at the beginning of the year and tapering down gives me a better shot at success.

I like to put my money away on the same day of every week, it helps me to stay accountable and remember to do it. Friday seems as good a day as any. In many cases Fridays are pay days, so I will put my money away on Friday.

After taking a closer look at the 2016 calendar I realized that there are 53 Fridays in the year…BONUS!

I invite you to join me on this money saving journey. If we succeed we stand to end 2016 with an extra $1,379 in our pockets.

I’ve taken the liberty of putting together this handy guide to help you save, it’s not pretty but I’m still learning how to make these cool printables. Feel free to print your own copy so you can keep track of your savings. To print, just click on the image and print the PDF.

Money Challenge

I started on January first by putting $53 away, that bonus I was talking about before. If you want to play catchup you can increase your yearly saving to $1,431.

So who’s with me? Lets do this!

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3 comments
MichelleRebar
MichelleRebar

Actually, it does make a lot more sense this way.

Michelle Rebar
Michelle Rebar

Um, I just bought 10 books and 6 boxes of Girl Scout cookies. That's more fun than saving.