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52 Week Savings Challenge Need to save $1000+? This challenge will help you do that.

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Old 02-02-2013, 07:06 PM
jeffrey's Avatar
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Default Join The 52 Week Savings Challenge!

Are you looking for a way to save $1000 for an emergency fund? We have put together a Yahtzee style weekly savings plan that covers a year and will save you over $1300 if you can complete it. You can read all the details about it here. Your can print the 52 week challenge for here (pdf).

This area has been set up for those that are participating in the challenge to get support, share ways they have saved and encourage others to join in. We encourage you to join and to share with friends and family so they can join too. By working together, sharing ideas, and encouraging each other, we can set up a system to help those who want to build their savings account.

Those that want to participate can join the challenge at any time. All that you need to do is pick a day of the week when you will make the deposit and begin. The first thing to do is announce that you are participating in the challenge by saying so below in the comments. One of the best ways to keep yourself accountable is to announce to others what you plan to do -- so publicly announcing that you are going to do this challenge is a great first step.

The next step is to create your challenge thread. Create a thread in this section where you can write about how your challenge is going and others can comment, support, ask questions and help you keep on tract.

The last step is to encourage others to join. The more people that are doing it, the more support everyone has to keep the challenge going. if you know of anyone that is in need of an emergency fund, this is a great place for them to come and begin.

Last, but not least, enjoy the learning process. This challenge, like all things, will probably entail both successes and mistakes along the way. it's a learning process and mistakes only become failures if you don't learn from them. Help those that seem to be struggling and share all the new ideas you get along the way to help others out.
David James likes this.

Last edited by jeffrey; 02-07-2013 at 05:54 PM.
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Old 02-07-2013, 08:16 PM
$ Saving Jr. High Schooler
 
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I am starting this tomorrow. My goal is to start at 52 and work backward, reserving the right to do the yatzee thing if needed
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Old 02-11-2013, 09:22 AM
$ Saving Fourth Grader
 
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I'm in! I've never had an emergency fund and have never been good at saving, so this really will be a challenge. But I am motivated and I hope I can succeed!
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Old 02-11-2013, 11:57 AM
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Welcome, sweetlady and Alicia! Glad you're joining us!
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Old 02-12-2013, 10:55 AM
$ Saving Fourth Grader
 
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OK, I think I'm going to give this a shot. I'm a little nervous, but anything I can save will be good in the long run. I'll post my first week's numbers next week and I hope that I can do well.
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Old 02-15-2013, 01:03 PM
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I am also in, may be I should be serious about savings of my own
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Old 02-15-2013, 06:33 PM
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Welcome to the challenge Margot and Rainbow Traveller! I'm looking forward to seeing your posts.
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Old 02-15-2013, 09:20 PM
$ Saving First Grader
 
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I have decided to do this challenge as well. Seeing those who have already started is quite inspirational. I'll have my first amount next week.
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Old 02-15-2013, 10:03 PM
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That's great pinkroses! I'm glad you decided to join!
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Old 02-23-2013, 07:04 PM
$ Saving HS Junior
 
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Is it too late to join in? I am in need of some accountability.
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Old 02-24-2013, 12:55 PM
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Quote:
Originally Posted by Baby_nurse View Post
Is it too late to join in? I am in need of some accountability.
One of the great advantages of this system is that you can join at any time. There is no absolute start or end date. Feel free to join at any time.
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Old 03-27-2013, 11:30 AM
$ Saving Fourth Grader
 
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I cant wait to start this challenge :-).. Thank you
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Old 03-31-2013, 02:19 AM
$ Saving Kindergartener
 
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Default So simple

Thanks Jeffrey, it is so simple and easy to follow. This will be funny challenge. I will be for sure pleased and proud on the end of 52 week period.
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Old 05-06-2013, 05:26 AM
$ Saving Fifth Grader
 
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I need this in my life! Always had trouble saving, hopefully I will be able to complete the 52 week period! Cheers to whoever made this challenge!
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Old 05-09-2013, 08:20 PM
$ Saving Jr. College Student
 
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Location: The Midwest
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Default I'm In

Late in the game, but starting now.
First goal, file DH's insurance claim for 100 pds or so.
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Old 05-12-2013, 12:41 AM
$ Saving Sixth Grader
 
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This is a fantastic idea! I am really hoping to be able to save $5,000 in the next year. That pans out to $96.15 per week.

I will round up to $100 per week and go from there. $5000 sounds like a lot, but $100 isn't so much. So little by little! Here we go

Thanks for the awesome idea!
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Old 06-19-2013, 05:57 AM
$ Saving Fifth Grader
 
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Here is my goal (I have employment until mid august and hopefully some sub teaching for the fall). I have some savings and I do invest. a little in some mutual funds. But my goal starting next month is 5 oz of silver a month and a 100 a month into the franklin income fund for the rest of the yr.
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Old 06-27-2013, 07:43 PM
$ Saving Fifth Grader
 
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Thumbs up

I started with a group at the start of the year. Just wanted another place to post. Oh, I'm trying to double it.
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Old 07-24-2013, 02:18 AM
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I'm in! I'd love to do the top goal every week, but it's hard. I am so bad at saving and we live pay check to pay check, and I support my sister, but the idea of having an emergency fund (or even just having 20 in the bank that I dont need to worry about directing it to somewhere every week) sounds so amazing.
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Old 08-14-2013, 07:52 PM
$ Saving HS Freshman
 
Join Date: Jul 2007
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Im in. I have been doing it at work and ready to do it on line too.
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