Reverse savings plan this is the easiest way to use the 52 week savings plan from last year, and not feel burned out at the end of this year. Download one of these 52week savings planners and get saving. If you have extra right now, perhaps going to a higher week in the chart and putting that money away would be a smart thing to do. It seems really easy to save a small amount per week, until summer and your vacations start to hit that checking account. It is so important it is imperative to have a plan that allows you to. Try the 52 week savings plan youve probably seen the 52 week savings plan on your social feed or favorite financial blog. Jun 15, 2016 print this 52 week money challenge 2016 with dates to help you save. The 52 week money challenge has been floating around the web since at least the start of this year. Once you are satisfied with your weekly savings chart, click on.
This easytofollow savings plan helped me save up for my dream. If youd like to viewprint the 52 week savings plan money challenge click here. See best images of printable 52 week saving chart. Although the exact origin of the plan is unknown, the concept is pretty simple. Actually, i came up with 3 new 52 week savings plans that just might work out better in the long run. Your 52week savings plan for 2016 total savings in 52 weeks r 780 week date amount 1 4 january r 10 2 11 january r 20 3 18 january r 30 4 25 january r 40 5 1 february r 50 6 8 february r 60 7 15 february r 70 8 22 february r 80 9 29 february r 90 10 7 march r 100 11 14 march r 110 12 21 march r 120 28 march r 14 4 april r 140 15 11 april r 150. As the weeks go on you begin to build a steady base little by little. Think about what your savings goal is before you begin so youll be more motivated. We never know what emergencies, destination weddings, or new expenses will come up, so we want you to have a nestegg ready, just in case.
Jan 09, 2017 on week 32 the savings amount starts to reverse. Heres how it works, every week you deposit a different amount into your savings account. The amounts arent daunting and by the end of it youll have built a good habit and hopefully changed the way you view saving forever. This is a saving motivation and challenge for personal target.
Includes a reverse order spreadsheet in case you want to do the 52 week money saving challenge in reverse i. This savings plan can be very effective but requires a lot of discipline. Due to public demand, the 52 week savings challenge is back bigger and better. In january 2016 i started with the weekly savings in my money box but i kept on taking r20. April via the survival mom keep working toward your savings goals with these tips for the 52 weeks savings plan throughout the month of april. So, lets tweak the challenge to provide you with a very achievable way to. Inspiring printable 52 week saving chart printable images.
If one week you find yourself with extra cash, add it to the pot. Im not sure who the original source is, but the link below is the earliest mention i. The 52week savings plan was conceived in north america, so the original concept will not be very practical here in south africa given our weaker currency. Download the 52 week christmas savings challenge excel file here. Jan 17, 2014 52 weeks of savings and a free printable. Monthly budget worksheet pdf unique printable bud worksheet 20 free. So this 52 week money saving challenge is dedicated to her. Thats why i created an alternate 52week money saving challenge printable just in case you think like me. Below is the free printable 52 week savings plan i prepared for you.
One of the savings challenge that i want to do is the 52 week savings plan. I know that if i do this in the long run it will benefit me and my family. The 52 week mega money challenge january 8, 2014 by jeffrey strain 1 comment for those of you who want to really tackle a challenge this year, forget the 52 week money challenge and opt for the 52. This strict weekly planner is a great solution for those who believe that saving money for a dream is an almost impossible thing. Whether its a house, a new vehicle, or other lending options, having a down payment is always a great first step. If youre prioritizing your savings this year, use the 52week money challenge to make sure you stay on track. This after fin24 asked users to share their personal savings journeys based on a 52 week challenge savings plan. Each week, deposit the dollar amount corresponding with the number of that week of the year into a savings account. Jan 16, 2015 52week money saving challenge alternate. Use our 52week savings plan to grow almost r14 000 over the year read more.
Dec 28, 20 52 week money savings challenge 28 december 20 update 12302014. Easily save r14,000 in one year struggling to save, steep living and lifestyle expenses, and chronic debt are problems that the vast majority of south africans face year in and year out. I invite you to try the 52 week money savings challenge. The health and safety of our members and staff are of the utmost importance to fox communities credit union. Dec 29, 20 the 52week savings plan printable chart can be printed out here and used to keep track of your weekbyweek savings. The 52 week challenge is great in theory, in actuality it requires you save the most amount of money during the highest spending period of the year. Dec 31, 2015 the 52 week savings challenge has taken the internet by storm in recent years, especially around the new year, and it is possibly a great way to save, but maybe not for everyone. By following this 52week savings plan, youll start by saving just a dollar each week.
Printable 52 week savings plan 52 week money saving challenge chart printable 52 week savings plan chart 52 week money challenge chart 52 week money saving challenge 2015. It is not too early to start thinking about your savings plan for the new year. But you could start this anytime that you want whatever works best for you and your budget. The 52 week savings challenge has taken the internet by storm in recent years, especially around the new year, and it is possibly a great way to save, but maybe not for everyone. Hopefully i can keep track of a sheet of paper for an entire year. Download this free 52 week money challenge, specifically aimed to help kids learn the value of saving, earning and hard work. Whatever your financial goals, the 52 week money challenge can. As i said before, ive seen several versions of this challenge floating around on the internet for years now, so i dont claim this is a novel idea to me. Saving charts and savings plans for any budget free printable pdf saving. It wasnt that hard at all and the money i put aside was able to completely pay for christmas this year all the gifts for kids, our family, and their teachers, a new tree, some decorations, and even dinners out during the busy december season. Its time to jump on board the 52 week money challenge 2020 in preparation for. The 52week savings challenge is an excellent place to start and its a plan that is accessible to everyone.
Saving money is a daily lifestyle and the key is having a good attitude. A few years back, i saw the 52 week money challenge floating around. Jan 02, 2015 im trying the 52 week money savings plan challenge 2 different ways. Save money for a house 52 week saving plan, savings plan. This 52 weeks of savings challenge is an incremental savings plan that will help you save money.
Teaching kids early on that there is a way to save if you have a plan on this 52 week money challenge, aimed directly at money that kids can earn, is a great way to demonstrate the power of compounding your cash. Money challenge saving charts and savings plans for any budget free printable pdf saving chart ideen finanzieren. The plan is simple to understand you save a set amount each week for 52 weeks. The second week, you save two dollars for a total of three dollars in your bank account. I saw this first from one of my friend and i immediately got interested. For example, during the earlier months you could choose to double up the. This plan was originally created for american audiences by kassondra perryweaver, a personal finance enthusiast from the usa. Download the 52 week christmas savings challenge pdf here. It sounds complicated in words and i had a hard time typing that. Money challenge saving charts and savings plans for any budget free printable pdf saving chart. Use the form below to customize your weekly savings chart for any date range.
Change your i want it now mindset and teach yourself a savings routine. This year, one of my goal is to challenge myself to save money and be frugal. Dec 18, 2017 download one of these 52week savings planners and get saving. Click here for a pdf printable of the 52 week money challenge and the. Im adding money to my savings account but im also going super old school cash in an envelope. In 2016 wed gone on a girls trip to thailand and the lastminute rush to. On this 52 weeks savings plan, you save the number of dollars that corresponds to that week s number. According to a 2016 survey by the american psychological. So, you want to save some money this year, pay some debt and maybe even have a vacation. The plan encourages people to save an amount each week of the month, beginning in january with r10. We took that and adapted it into a 52 week savings challenge which gave people a bit. Obviously, this plan hit a nerve with a large number of people who know they need to save, want to save, but are dealing with the reality of tight budgets.
You reporter shanaaz prince explains the 52week savings plan that will. Each week, youll add another dollar, incrementally, step by step. The 52week savings plan is the money saving challenge you. This savings planner will get you into the habit of saving in no time. If youre prioritizing your savings this year, use the 52 week money challenge to make sure you stay on track. During the first week of the year, you put one dollar into savings. This article contains a 52week savings plan that will enable you to save up to r 780 this year. I thought it would be better for our family at least to build it for the first half at a faster rate so that we could take a break half way through and lower the amount again so we could build it back up. For example, if you add up the weekly amounts for the reverse savings plan, it equals 250 dollars for january. The 52week savings plan printable chart mommysavers. I think i like this one best because you get the big numbers out of the way first.
Lets quit making excuses about how hard it is to save money, and do the 52 week savings challenge each year, and learn that savings. The idea here is you begin with a small amount, gradually increasing it each week as you get closer to your goal. This printable template will help you to organize your budget and finances. The 52 week money challenge is an incremental savings plan that will help you save money throughout the year. Make the decision to save this year by committing to our practical savings solution for 2016. While we all recognize the importance of saving money, it can be hard to fit it in when your budget is already stretched thin.
R10 multiplied by the number of that week until you reach week 52, the last week of the year, where you have to save r520 for that week. Alternatives to the 52 week savings challenge savingadvice. How to save money saving money is the single most important subject in your personal finance arsenal. If you are joining us on the 52 week money challenge, you will need a copy of the weekly savings calculator to keep track of how much you need to put away you can print your own copy of the 52 week money challenge printable by just clicking on the link 52 week savings calculator.