Jan 052013
 

52 week money challenge

Who’s with me on this? This is an easy way to save money! Some people think doing this backwards will be easier. I say whatever works best for you. I’m going to give it a try! :D That’s Christmas money without the stress!!!

Good Luck!!!!!

Here is the PDF for the one in the picture above.

Here is one with no picture and a white background.

 

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  24 Responses to “52 Week Money Challenge- Printable Versions Added!”

  1. printer friendly my ass!

  2. [...] Put that $50 away for Christmas! Or contribute it to your 52 week Money Challenge [...]

  3. I’m thinking backwards is the way to go. If you look at the plan as it is, that would have you putting in the highest amounts of money away during what would typically be the financially toughest months (for the average person) to do so. Summer is typically more expensive as far as utilities, vacations, and fuel costs are concerned…followed by (for some) back to school expenses…then holidays. It’s a neat idea though.

  4. Great Idea- had no problems printing- I’m starting this week that way we have money for a vaca! next year-thanks for the idea

  5. Awesome!!!! Saw this idea on Facebook.com and will be incorporating it in to my daily lifestyle so I can be prepared for my new baby! :)

  6. Just save $1378.00 at the beginning of the year and spend the rest of the year.

  7. If you do it backwards it saves you an extra $1

  8. It better to do it backwards if you consider the time value of money. The money that is “invested” into your savings account earliest will have the longest time to generate interest essentially generating more money than if you started by investing only one dollars.

  9. I think this is a great idea, but your math is off. On week 49 it goes from 1125.00 then you add 50 and get 1175 (not 1275) so at the end of 52 weeks you would save 1278, not 1378. But still a good idea.

  10. I just went and deposited $1378 into an account. 52 day challenge completed in one day….

  11. Just save $27 per week.

  12. if you open a seperate acct. and have 26.$ a week deposited automatically from your check seems alot simpler. you get the same results with less pain, those 50.$ weeks seem a bit high for some weeks. it works for me……

  13. Put it in an interest bearing account. Even better instead of spending it at the end, put it into a Roth IRA.

  14. I like this idea. I did something similar with the kids. When they were born I set money aside each week, then each year would increase the money. They should have a nice little sum set aside by the time their turn 18.

  15. I am definitely going to try this. But I do think I will start from the bottom up, because being on a fixed income I truly think I could handle the higher payments in the first few months. I never use change and you would be amazed how that stuff adds up. I say give it a try also I added it up and it does come out to 1378.00. Sounds pretty good to me lol. Good luck to everyone who is giving it a shot.

  16. I did this Money Challenge with my mom this year and we alternated weeks (week 1, then week 52, then week 2, etc)…..This funded our trip to Florida last month AND Christmas Shopping!!!! This is definitely something you need to do with someone so that you can remind each other each week to put money in the fund…..and it’s so much fun watching the total get bigger each week! I’m so proud of us! We’re doing this again this coming year too!

    • Great idea alternating the first and last weeks….that make good sense to me and works well with my income, thanks for the tip :)

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