So THIS lovely gem was just brought to my attention. A 52 week money challenge to increase savings. It’s geared towards people like me, who feel like we can’t find the room in our budgets. I like it!
The premise is that each week you deposit the amount of money equivalent to the week number, as shown below:
See what just happened there? $1,378 in your savings by 12/31. Winning! I am going to show this to HH and see if he wants to do it as well. I think we can get it done. Then that’s $2,756 for our household for emergencies, etc.
I know most of the people I follow via blogs and social networking are already good with savings, investments, etc., but I need to get back on track, and you gotta start somewhere. If you don’t have a plan for liquid savings, maybe consider this one. You can’t get from A to B without taking the first step. 🙂