Its time for a Frugal Friday post – and a challenge I’m starting. No buy months are hit and miss for me. I try to focus on no-buy days. Can you go a day without buying anything? For some of us its much harder than others.
I’m not going to lie, it can be a struggle for me. One of my favorite money bloggers mentioned something last week that made a lot of sense to me.
A couple years ago I embarked on the 52 week money saving challenge. I started it in January, made it about 3 months and then gave up. The lady I follow is starting hers in November. I realized, that is perfect. Then next October, I’ll hit the big numbers before the holidays come around. There are several ways to do this challenge. But basically, every week, you take a set amount of money and you plunk it into a savings account. (I use an online savings account.)
Week 1 – $1, Week 2 – $2, etc. Some people list out $1 thru $52, and cross off whatever they can do that week. For example, I did the bigger numbers when I got a refund. Some people combine weeks. You can spin it in whatever way works for you. I’ll put a couple graphics below to give you ideas. I’m going to do this challenge every Friday. Today, November 3, I’m putting $1 into my savings account.
Want to do the challenge with me? Join the fun? Let me know what you think of this idea! 🙂 Its surprising how fast it can add up. Have a great day loves!