I bet you have heard and tried many ways to save money but to no avail because of non-stop expenses and your strong belief with: “Food is life” and “You only live once.”
Have you been working for years but still has no savings? I understand that you want to enjoy your hard-earned money but it would be really great if you could save some for the future.
Saving money can really be difficult so there are number of strategies and challenges that you can try – one of which is – 52-Week Money Challenge.
How It Works
To begin the challenge, you have to decide what amount you want to be incremented every week. It can be any amount depending on your salary, willingness and capability. Let’s take 50 pesos for example as shown below.
In your first week, you have to save 50 pesos. Next week, it should be 100 pesos (50+50), and the next, 150 pesos (50+50+50), and so on.
By the end of the challenge, the saved amount will be 68,900 pesos.
There’s no problem if you weren’t able to start the challenge on January 1st, you can just start on the week that you’ve decided to try this then just save for another 51 weeks to complete the challenge.
Sounds easy, right? However, as time goes by, this challenge can be pretty hard. But don’t let this stop you.
Go try it then share your experience by leaving a comment below.
– Your Partner in Decision-Making