How to Save $1378 in a Year!
This article was originally written by Marie Vadala for “How to Shop for FREE”
January is just around the corner! If you’ve decided that 2024 is the year you’re going to save money we’ve got lots of tips and tricks for you. In addition to saving money and shopping for FREE through couponing we’ve got a fun way for you to start developing a savings plan that will put $1378 in your savings account by the end of the year. Let’s get started on the road to saving!!
Have you heard about the 52 Week Saving Challenge?
Everyone loves to save money but sometimes it’s easier said than done, especially if it’s not something that you have been doing regularly. Just like anything else, once it becomes a habit it becomes second nature.
The beauty of the 52 Week Saving Challenge is that it allows you to start with what is essentially the change at the bottom of your purse ($1.00) so starting your savings is painless.
Here’s how it works:
You put away the amount of money equivalent to the week of the challenge. If today starts week 1 of the challenge you would put away $1.00. Next week would be week 2 of the challenge so you would add $2.00. The following week would be week 3 so you would put away $3.00. At the end of 52 weeks following this formula you will have $1378.00!
If you’ve never had luck saving money before, this is a great way to be able to do that. The nature of the challenge is to stick to a schedule. By adjusting incrementally over time, you’ll ease into your savings. Once you get to the end of the challenge (where you are putting away $52.00) you will have developed the habit of saving and it will be automatic.
We’ve even prepared a How to Shop for FREE 52 Week Saving Challenge worksheet to help keep you on track.
Have fun with this challenge ~ Happy Saving