Want to save approximately $1,400 by the end of this year? The 52-week Money Challenge might help you reach your financial goals. Read on to see how it works!
Have you made that same new year resolution to save money, but always find yourself in the opposite direction at the end of the year?
Well, let’s try again this year and focus on getting your savings goal on track with the 52-week Money Challenge.
What is the 52-week Money Challenge?
The 52-week Money Challenge is a really simple savings plan that help you save a minimum of $1,378 by the end of the year. The table created for this challenge has gone viral on various websites and social media sites since 2013 – and many all over the world have taken the challenge and reportedly achieved their savings goal.
How does the 52-week Money Challenge work?
With the 52-week Money Challenge, you start by saving $1 the first week. Then you gradually increase it to $2 the next week, $3 the week after – and work your way through up until the last week of the year at $52.
The amount you start off with may be small, but this will slowly add up and make a difference come the end of the year. Trust us, it’d be great to see your savings grow upwards as time goes by!
Find out how you can customise the 52 Week Money Challenge to suit your savings goal.