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FILL UP YOUR PIGGY BANK WITH THESE MONEY SAVING CHALLENGES
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Regardless of your personal or family situation, we all love saving money. Here are a few money challenges you can try to fill up that piggy bank! Use our examples below and print out the challenge that's right for you.
52 WEEK MONEY SAVING CHALLENGE
The 52-week challenge is very popular, partly because of its simplicity. Throughout the 52 weeks, you will be gradually increasing the amount that you save each week. The first week you’ll save $1. The second week you’ll save $2. The third week, $3. And it goes on like that until you save $52 in the final week. If you complete the challenge, you will have saved $1,378!
52 WEEK MONEY SAVING CHALLENGE - DOUBLED, THE $5 VERSION, AND OTHERS
If the 52-week challenge seems to easy, another option is to double it. If you've been saving for a while or if you have more disposable income, this one may be realistic for you, and it will allow you to save a lot more money.
You can also up your game by trying these variations of the 52-week challenge. Pick the one that will work best for you!
PENNY CHALLENGE
This is also called the 365-day money saving challenge. You start by saving a penny the first day, and increase the amount saved by a penny every day. The final day you'll save $3.65. Throughout the course of a year, you can save up to $667.95.
TWICE MONTHLY CHALLENGE
If you get paid twice per month this is a great option for you. With this challenge, you will be saving a specific amount of each paycheck. Amounts are shown in the graphic below.
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