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The 52 Week Money Challenge........

1/2/2015

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Are you ready to have your best year ever? GREAT!
Let's get started with SAVINGS.......now that the holidays are over and we started to get back into the groove of things, one of the first thing we look at is our bank account and start making faces or shaking our heads and all sorts of thoughts come into action, you become angry at yourself for overspending. Well, to avoid this next year, here is the 52 Week Money Challenge.

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This challenge is awesome, I did it last year and was very excited with the result because I was able to treat myself for the holidays. Now, there are several ways you can do this but keep in mind if you're lacking discipline it will not work. You have to stick to the rules. You can even encourage your spouse, family and friends to join in.
The Challenge works like this, each week you deposit the number of that week of the year into a savings account. During the first week of the New Year, you would deposit $1; the second week, $2 etc, etc. By the end of the year, you will have saved almost $1,400!! You can even double up on the savings. Pretty cool huh?
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Way #2: Reverse It

As you well know, most people don’t stick to New Year’s Resolutions. The reason being is that as the year wears on, your resolve diminishes. I suggest saving $52 in week 1, and $1 in week $52. In this way, the closer you get to December (and holiday shopping), the less you’ll have to save.

Use the 52 Week Money Challenge Reverse Chart below to help you:


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Good luck!
Credit:http://thebudgetnistablog.com

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Sovereign Realty of NY, Inc.
114-06 Queens Blvd - Suite A8 Forest Hills, NY 11375
107-48 Cross Bay Blvd Ozone Park, NY 11417

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  • Home
  • SERVICES
    • Sell with us
    • BUY
    • Help for Homeowners
  • SEARCH PROPERTIES
    • SALES - Commercial & Residential
    • RENTALS - Commercial Space, House & Apartments
  • Contact
  • Our Team
    • SHANIE BARAN
    • DENESH BARAN
    • RICHARD H. LOVELL, ESQ.
    • BRINA L. CIARAMELLA, ESQ.
    • EVATON A. JONES
    • ANISHA RAJU
    • BRIANNA RUGGIERO
    • MARIA SKOVRANOVA
    • MARION DISTEFANO
    • CHRISTINA TAGLIAVIA
    • MARIA ZACCHEO
  • About
  • RESOURCES