Imagine you could have $10,000 saved this time next year, what would that do for you?
What would that mean to you? Would you consider it life changing?
If the idea of having this extra $10000 saved sounds good to you, then I have a savings challenge to help you get started!
Say hello to the $10,000 in 52 weeks savings challenge!
What is the $10,000 in 52 weeks challenge?
Simply put, it is a variation on the original 52 week challenge.
In the original challenge, you start by saving $1 the first week, $2 the second week and so on until you have saved $1358 by week 52/the end of the year.
In the $10,000 version, however, you are saving amounts each week that vary from $50 to $370 every week.
You save incrementally each week so that you can save in smaller bits and pieces.
Doing the savings goal this way makes the larger goal of $10,000 feel more manageable and not quite so daunting.
How to do the 10k in 52 weeks challenge
First you are going to want to download and print this 52 week tracker, as it has been specifically designed for saving $10000 in 52 weeks.
Next you want to pick you starting date.
The great thing about this challenge is that you don’t have to start it at the new year.
You can literally start it at any time, and finish one year later.
Your “week 1” can be in the middle of July if that is when you have decided to start.
Once you have chosen you start date, then you need to save the amount listed in Week 1.
For our tracker, that would be $50.
Set this money aside in a specific place for this challenge.
A good place to store it is a high yield savings account.
Once you have saved the amount for week one, make sure to check off the week 1 box on the tracker.
Then, when week two rolls around, you save the amount for week 2. And repeat the steps until you have saved for all 52 weeks and have $10000!!
The tracker allows you to easily keep track of where you are in the challenge, how much you have saved, and how far you have to go.
Final Thoughts for the $10000 in 52 Weeks Savings Challenge
Saving $10,000 is a HUGE accomplishment.
And making it a challenge, with defined incremental savings goals, can help you stay consistent and complete the challenge.
Using a tracker like this one can help you stay focused and motivated to reach your goal!
Make sure to grab your savings challenge printable today and start saving!