Monday, January 5, 2015

52 Week Money Saving Challenge With a Twist

Last week, I shared my Five Goals for 2015. On that list was the goal to save more money.

I've seen the 52 Week Money Saving Challenge all over Pinterest for a while now, but just knew that wouldn't work for us. Starting in May, I will be finishing up my classes and quitting my job to complete full-time fieldwork until December. This really is exciting since I will get to finally be "working" in my chosen career as an Occupational Therapist. The downfall... having no pay checks.

I decided to use the 52 Week Challenge, but add a little twist to it. 
Instead of starting Week 1 with $1, I will start it with $52. This way, it will become easier to save the money. While it is the beginning of the year and I am feeling motivated to save money, I will put in higher amounts, and by the time I quit my job in May, the amount each week will be drastically lower. 

Aside from planning ahead for future months, I don't know about you, but I am inpatient and want to see a change NOW. By putting in higher amounts at the beginning, you will have already saved over $100 after two weeks, and over $200 within one month!

To remind myself to put money into the bank, I am printing this off and sticking it to my bulletin board. As I deposit money each week, I will check the box to make me feel extra accomplished. Sometimes it's the little things that keep me motivated.

Who's up for the challenge? I am starting today by putting $52 dollars in my savings account and you should, too! Plan a nice vacation, put it towards student loans, redecorate a room, or just keep it as an emergency fund. Whatever you do with it, I am sure you will be loving having some extra cash around this time next year :)


  1. What a great idea! I love that you put less in it each week, that definitely makes it easier!

  2. That's so smart to start that way! Good luck on it!

  3. I love the idea of starting this out big, and making it easier as you go! I'm joining :)

  4. I love this idea!! I was SO excited to read that you are going to be an occupational therapist! That is my chosen career as well! Just gotta finish up school ;) I hope to start my masters in the fall!

  5. I did the 52 week challenge last year and just realized I need to get it set up for 2015. This is a genius idea and I'm going to do it in reverse order also! Thanks for the tip!

    Doused In Pink

  6. I really like this idea because right now I'm all for saving money and I know that's gonna change over the course of the year!