Financial Tip Friday! – 52 Week Money Challenge REVISED!

Welcome to Financial Tip Friday! The first of many, I hope.

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52 Week Money Challenge

52 Week Money Challenge

I’m sure you’ve seen this image before. The 52 Week Money Challenge was posted everywhere at the beginning of last year and has resurrected itself yet again in 2014. It’s an awesome and super easy way to save $1,378 in one year. Even though it’s very easy, I failed the challenge last year. I kept forgetting about it or the end of the week was an inconvenient time for me to go and get cash out so I’ve been looking for a better way to approach the challenge.

Last year, She Makes Cents came up with an incredible way to participate in the 52 Week Money Challenge by doing it BINGO STYLE! Check it out:

Bingo Style 52 Week Challenge

Bingo Style 52 Week Challenge

By using this method you can spare yourself the larger contributions later in the year around the holidays by making the larger deposits whenever you can throughout the year! At the end of the 52 weeks, you’ll still have the same total amount. You can check out Danielle’s post here and if you’d like her bingo style template you can email her at shemakescents@gmail.com.

I’ve also come up with a way to really intensify the challenge this year!

Level 1 – First Quarter Double

1st Quarter Double

This is a great way to save almost $100 more by just pushing yourself a little harder to save more money.

Level 2 – 26 Week Double

26 Week Double

By doubling the totals for half of the year you’re able to save $351 more dollars and the most you’ll have to save a week is $52.

Level 3 – Full Year Double

Full Year Double

Now this challenge is not for the faint of heart. This is some serious savings. Saving almost $3,000 in a year on top of what you’re already saving is something crazy! My husband and I both get paid bi-weekly but our pay days happen to fall on opposite Fridays, which is fabulous! So every Friday one of us is getting paid so this could definitely be a challenge that I may have to try and really push myself to do. It won’t be easy and if it becomes too much then I can always go back to the original challenge and still be ahead of the game.

So my challenge to all of my readers is to push yourself and try amping up your 52 week money challenge this year! Try one of these levels of savings and let me know how it goes but hurry because tomorrow is the end of week 1 so decide how much you’ll be saving!

Here is the link for you to download all of the PDF’s of level 1-3 of the 52 Week Double Money Challenge:

https://www.dropbox.com/sh/iowa63dh2ultdzp/OFkNedXjLk

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Happy New Year!

My sister was in NYC for NYE last night and took this awesome picture!

My sister was in NYC for NYE last night and took this awesome picture!

Happy New Year, everyone! I know, I know.. I walk in after a good 6 months of not blogging and think I can just start over without any explanation. Let me start by saying, I apologize. I’ve been fairly busy with work and personal stuff and needed some time to just really think about where I want this blog to go and what I really want to utilize it for. Good news… I’ve made a decision! (Sounds so serious but I promise this is no Lebron James situation here!)

I decided that I really miss blogging and I want to start blogging again regularly. Now, regularly for me might mean two or three times a week but I’m nowhere close to being able to blog every day. I want to bring a lot of useful content to my space and not only help myself becoming a better and more responsible adult but I want to be able to help others also.

My goals for this blog throughout this new year consist of the following:

1. I want to bring more financial tips and tricks that I’ve learned, read, or came up with.

2. I want to learn how to coupon. For some people, couponing is really easy but for me it seems super complex and I’ll be blogging about everything I learn in the hopes that it’ll help others too.

3. I want to do a monthly DIY project. I want to keep it cheap but creative. Whether it’s redecorating a room or creating new storage solutions, it’ll all be here!

4. I want to learn how to go grocery shopping the proper way. How to plan weekly meals and then go to the store and get the things I need without having to make multiple trips (and hopefully be saving money with all the couponing that I learn to do 🙂 )

I’ll come up with more ways to evolve this blog throughout the year so stick around! Now that the holidays are over and everyone is kinda getting back in the swing of everyday life I think it’s a great time to start. I hope you guys are with me because this year is going to be great!