The idea is that since there are 52 weeks in a year, each week you put away the amount that matches the week number. For instance, this is week 1, so I will put away $1. Next week I will add $2….get the idea? Or start backwards – week 1, $52; week 2, $51; etc.
Or, a friend of mine mentioned doing it more like a “BINGO” style. Each week, depending on how much you can afford, put that amount into your savings challenge account/jar/underwear drawer. Then mark it off & continue on. This way, you’re not trying to save the big amounts right at the holidays.
Let us know your thoughts & if this is something you think you can commit to! You’re sure to appreciate the amount saved at the end of the year!
I suggest checking into this too. It’s FREE and will help you save – you will earn $125 – check out this post: