The 52 Week Money Challenge has been growing in popularity. With the current economic climate it seems that people are more concerned about getting control over their personal economy. Getting control over your own personal finances can do a lot for your life. When your finances are under control you’ll be less stressed. When you’re less stressed… you’re happier.
What is the 52 Week Money Challenge?
Each week of the year you will save a certain dollar amount into an account of your choice. The 52 Week Challenge recommended amounts are pictured below. Each week you will add one dollar to the amount you are saving. So, on week one you would save $1 and on week two you would save $2. You will continue with this challenge for a full 52 weeks.
The 52 Week Money Challenge is all about establishing good habits. As you can see in the picture the amount of money you’re stashing away each week is relatively small. But the trick is that you’re doing it each and every week. Don’t worry, We’re here to provide you some accountability, motivation and tips each week to ensure you achieve your goals.
**Click the image to download a PDF of the 52 Week Money Challenge Chart for free. Instant download no opt-in.
Why should you take the 52 Week Money Challenge?
Who doesn’t want to look in their account and have an extra $1,378 at the end of the year? Seriously, there are many reasons you might want to take the 52 Week Money Challenge and everyone’s situation and goals will be different. Here are some common reasons people take the money challenge:
- Establish and emergency fund in case something unforeseen happens.
- Save for a well deserved vacation.
- Start saving for a child’s college education.
- Save for a new car.
- Save for a new home or just to be able to move to a new location.
- Save some capital to start a business that gives you personal and financial freedom.
- Start building up some retirement savings.
- Saving for any desire you might have… the list goes on and on…
The best part about taking the money challenge is that you’ll be setting yourself up for success for the long-term by deciding to take control and establish good habits with your money now. We’ll be talking more about how to make your savings automatic and how to get more from your money on the 52 Week Money Challenge blog, so make sure to check back frequently for new posts.
You may also want to sign up for the 52 Week Money Challenge members only email newsletter. Once a week you’ll get an email with a special tip about making the most of your money challenge and you’ll get some gentle reminders to make your contribution to your financial freedom account. We will never send spam and we will only send one email a week unless there is something absolutely brilliant that we need to share with you.
Here’s a special bonus for people that are subscribers to the newsletter… You’ll have the ability to ask us questions and you’ll get first priority to get your questions answered.
Let’s not delay any further. Let’s get you started with your own 52 Week Money Challenge. Will this be the year you finally take control of your money? Is this the year you stop living paycheck to paycheck? Is this the year you start saving for that new home you’ve been dreaming about?
And by the way… It’s never too late to start your own 52 Week Money Challenge. Whether it’s January 1st or December 31st you can make the commitment to yourself to get started. You have nothing to lose and a whole lot to gain!
We think it is. So commit to starting your 52 Week Money Challenge feel free to leave a comment below and declare your commitment to the money challenge.
We wish you the best of luck and success with your 52 Week Money Challenge!