52 Week Save Money Challenge

20 Responses to 52 Week Save Money Challenge

1. creditcardfree says:

   January 10, 2013 at 4:37 pm

   I would definitely consider this challenge. It is a great way to start the savings discipline. I think one could also use a similar system as a way to start making extra payment towards debt.
2. Wowitsawonderfullife says:

   January 10, 2013 at 4:52 pm

   I love the hybrid model. A little bit like yahtzee. It will work better for me as I always have a very spendy December. Thanks for the great idea!
3. Beawealthywarrior says:

   January 10, 2013 at 5:16 pm

   I read about this initially on FB and have been doing it by saving my one dollar bills. So far I’m up to week 4 with $10 but I also like the do your best hybird.
4. Grayson @ Debt Roundup says:

   January 10, 2013 at 5:37 pm

   I might try this challenge with my son’s 529 account. It could work well.
5. Melanie Pierce says:

   January 11, 2013 at 12:31 am

   Yahtzee! That’s exactly what I thought of!
6. Cubsfan says:

   January 11, 2013 at 8:52 pm

   I’m doing a hybrid of it myself. I did the first two weeks normal and plan on $52 next week and go from there.

   If you are saving to pay off debt, wouldn’t it make more sense to pay off the debt as you go so you don’t get even more interest?
7. jeffrey says:

   January 11, 2013 at 9:54 pm

   If you are saving to pay off debt, wouldn’t it make more sense to pay off the debt as you go so you don’t get even more interest?

   Yes, definitely.

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10. Montina Portis says:

    January 15, 2013 at 6:36 am

    My husband and I began the 52 Week Financial Challenge July 2010 on You Tube and we are so grateful to God for how it continues to grow and grow and grow years later! When I say grow…it has grown to THOUSANDS and THOUSANDS of people doing it on FB, Instagram, Twitter and all over the web. If you have a dream…DO IT!

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12. MR. PM says:

    January 16, 2013 at 4:49 pm

    On the system chart above the following is incorrect.
    Week 49 account balance is incorrect.
    if you take week 48 account balance and add week 49′s deposit amount to week 48 account balance you will get $1,225.00 not $1,125.00.
13. Gailete says:

    January 18, 2013 at 12:59 pm

    Am I understanding this correctly? You aren’t taking the money out of your wallet each week, but are actually finding ways each week to save that week’s allotment of money? If it it just taking money out of your wallet, I know I sure don’t have an extra $200 in December (or any month) to put into savings.
14. jeffrey says:

    January 18, 2013 at 1:43 pm

    I think that is one of the weaknesses of the original plan — it appears simple because the first weeks are so low, but come Dec, you need quite a lot. That’s why I think the “do your best” each week would likely be more successful for most people.
15. honeybooboo says:

    January 18, 2013 at 7:32 pm

    SOO WHAT AN ERROR GET OVER IT!
16. PreachNurse says:

    January 21, 2013 at 11:28 am

    I love the plan. I started this month and I’m already excited about the prospect of the end results. If I’m successful, and I intend to be, I’m going to do it again, saving the money and donating it to my church. To God be all glory!

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19. jan says:

    April 15, 2013 at 12:31 pm

    how do i get started?
20. jeffrey says:

    April 15, 2013 at 11:47 pm

    Just print out the sheet and begin