52-Week Money Challenge: How to Save $2,000 This Year | The Treasury of the People
Updated: Jul 14, 2022
If you’re looking for a way to save money this year, the 52-week money challenge is a great option. The challenge is simple: save $13 the first week, $14 the second week, $15 the third week, etc. By the end of the year, you’ll have saved just over $2,000!
There are a few different ways you can approach this challenge. You can put the money you save each week into a savings account or use it to pay off debt. Either way, you’ll be in a better financial position at the end of the year.
If You’re Up for the Challenge, Here’s How To Get Started
Decide where you’re going to put your money. If you’re going to save it in an account, open one if you don’t already have one. If you’re going to use it to pay off debt, make a list of all your debts from smallest to largest.
Set up a system for tracking your progress. Tracking your progress could be as simple as setting up a spreadsheet or keeping a notebook where you write down how much money you’ve saved each week.
Put away your savings each week. Put the money you’ve saved into your account or towards your debt when you get paid.
Stay motivated! Saving money can be challenging, but staying focused on your goal is essential. Every week, take a look at your progress and remind yourself why you’re doing this challenge.
Track your progress and celebrate your success! You’ll be amazed at how much money you’ve saved at the end of the year.
Saving money is a great way to reach your financial goals. If you’re looking for a challenge to help you save money this year, the 52-week money challenge is a great option. Are you up for the challenge? We’d love to hear from you in the comments below!