Do your savings need a boost? Or do you need some encouragement to build up your savings again?
Check out this awesome 52 week money saving challenge and save $5000 over the next year!
Once you complete this challenge, you will have $5000 beautiful dollars in your bank account, ready to be used however you need.
Just think of the peace that will bring you, knowing you have that amount saved!
You could use the $5000 for so many things! Do you need:
To pay off debt? Check!
Help pay for a new car? Check!
In desperate need of a beach vacation? Check! Check!
No matter what you need the money for, using this 52 week challenge will help you get there!
How does a 52 week challenge work?
The 52 week challenge has become popular through social media and has helped a lot of people save money.
In the original challenge, you save small amounts of money each week, starting with $1 the first week.
Then you incrementally increase the amount you save each each.
By week 52 you are saving $52 for that week. And when you have finished the challenge, you have saved $1358 in total!
But this challenge is a sister to, or spin-off of, the original challenge.
Because in this challenge, rather than saving $1358 over the course of 52 weeks (or one year), you will save $5000!
Just imagine what you could do, and how it would feel, to have saved $5000!!!
Are you ready to get started? Let’s go over it.
How to do the $5000 in 52 weeks challenge
First things first. You will need to download a copy of the challenge for yourself.
This printable doubles as a tracker and organizational tool for the challenge.
Then, put it in a place where you will see it often. Doing so will help keep your goal top of mind and help you stay motivated.
Next you want to decide on your start date. You can start this challenge ANYTIME (no need to wait for a New Years Resolution to do it).
Now, you are ready to save your first weekly amount.
Check out the amount next to week one.
That is how much you need to save.
Put that amount of money in a designated place for this savings challenge. (A HYSA is a great place to stash it).
Once you have saved the designated amount, check off the week 1 box, so you know you have saved for that week.
The next week, save the amount for week 2. And follow the above steps.
The tracker will let you know exactly how much you need to save each week, AND how much you have saved over all.
Keep going until you have saved for each week and saved $5,000!!
How to succeed with the $5000 in 52 weeks challenge
Make sure to keep up with the challenge each week. This will help you stay organized and motivated.
If finances are tighter one week, you could opt to pick a different week in the tracker with a lower amount.
But do not make a habit of this. If you do, you may end up doing ALL the lower amounts first and end up with nothing but harder, higher amounts. And then you might give up!
Don’t give up. Keep working at it!
Here are some ideas for how to save money to make this challenge work!
Creative Ways to Save Money
Jump Start Your Savings with a No Spend Challenge
How to Save $1000 fast!
Final Thoughts on the Save $5000 in 52 weeks challenge
If you are able to complete this challenge, I would love to hear about it! Tag me on your social media, or send an email and let me know.
I know that saving a lot of money can be hard. But the result is truly worth the work!
I hope you will give the $5000 in 52 weeks challenge a try.
Don’t forget to get your copy of the tracker here!
Happy Saving!