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SavingSteve's 52 Week Challenge Thread

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  • Wow. This thread is really boring.
    But the point is to help me be consistent and it certainly has helped me do that!

    We are more than halfway through the year!

    Today I saved $25 for week 28 of the challenge.

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    • Today for week 29 I saved $24

      $25 was a milestone I like the way the challenge gets easier each week if you go high to low.

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      • For week 30 I saved $23

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        • It's now week 31 and I saved $22

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          • For week 32 I saved $21
            I've started automating the savings now. My online bank lets me set up multiple transfers of different amounts in advance. So it's completely hands off now!

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            • Steve - if you get a chance I would love to hear about what practical difficulties you found in getting this set up and how you overcame them.
              james.c.hendrickson@gmail.com
              202.468.6043

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              • Originally posted by james.hendrickson View Post
                Steve - if you get a chance I would love to hear about what practical difficulties you found in getting this set up and how you overcame them.
                It wasn't difficult at all. At first I just did an electronic transfer each Wednesday manually into my Emergency Fund account from my paycheck. Then I realized I can pre program multiple transfers and schedule them, each with a different amount. So each month I just set up 4 automatic transfers in descending order. That way I only have to mess with it once a month.

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                • Just back from vacation so I got behind with my posts. But the deposits are on auto pilot. Here's what was saved the past 4 weeks:

                  Week 33 - $20
                  Week 34 - $19
                  Week 35 - $18
                  Week 36 - $17

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                  • For week Week 37 I saved $16

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                    • it's week 38 today and I saved $15

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                      • Steve - bumping this to recognize your savings awesomeness.
                        james.c.hendrickson@gmail.com
                        202.468.6043

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                        • for week 39 today and I saved $14

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                          • for week 38 on thursday I saved $13

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                            • Wow! it's week 39 and I saved $12

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                              • today is week 40 and I saved $11.

                                Next year I want to somehow modify the challenge to make it harder. Thinking on how I can do that.

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