SAVING YOU MONEY

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SSFAM 52 Week Money Saving Challenge ~ It’s here! It’s here! Week 1 Who’s in?


52 Week Money Saving Challenge is here at Simple Savings For ATL Moms! I have heard your 2014 New Year’s Resolutions from all across my social networks and email and here is one way this year you can get started on your goals for 2014 financially. I personally love this challenge and will be participating to help show you another great way that you can save money! Download the SSFAM 52 Week Money Challenge Chart now.  Each week, you will find a tip that I will share that you can use to help you save the required weekly amount. If you find another creative way, be sure to stop on by my comments and let us all know. I am joining Double Savings Divas in their challenge from a Frugal blog perspective. You should all remember them from Extreme Couponing.  If you are a frugal blogger and want to join in, come on and be sure to let all of your fans know.

What to do:  Deposit
$1 into your savings account or envelope on week one of 2014, followed by $2 on week two,
$3 on week three, and so on, until you reach week fifty-two where you make your last
deposit of $52. Be sure to place a check mark in the correct column to keep track of your saving deposits. I will personally be using a recycled envelope and will take a picture each week to upload here so that you can see my savings grow.  Your final balance at the end of the year should be $1,378. It’s a
simple way to save almost $1,400 during the year. I will be taking my money to buy a Louis
Vuitton purse that I have been wanting now for a couple of years.What will you do with your savings?
Here are 3 wonderful achievements that can be made by taking this challenge:
*Learn to set financial goals
*Look for creative ways to save
*Achieve financial habits
 Week 1 
Credits:  The 52 Week Money Challenge.  Thanks Chris.


Disclaimer:  SSFAM is not the originator of The 52 Week Money Challenge but has created a unique version of the SSFAM 52 Week Money Challenge chart.

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Comments

  1. Mary Woollard says

    I started out doing the challenge this year. Unfortunately Ive stopped already 🙁 Wasnt because I wanted to…I had to. 🙁 We had some major expenses come up recently do to my daughters health. So, I will definitely be doing this again starting in 2015. It was actually easier than I thought it would be!

  2. Deborah Charte says

    I am going to start the 52 wk Money Saving Challenge. I use to spend over 100.00 a week on groceries and now under 50.00. I need to put some of the money I save into the Money Challenge. Maybe save for a nice trip.

  5. DeniseL says

    My friend at work was just talking about this…I'm getting ready to transfer my first week of savings to my online bank account to make it harder to get to 😉

    I hope to use the savings toward a vacation for my family!

  7. Terry .Riley says

    I am definitely going on this challenge. I want to prove to myself that I can save and not touch it, plus I have a goal in mind. I want to have the money for Christmas and not have to stress about it, or if I win enough for Christmas throughout the year, then I will use it to go visit my niece and her family in Georgia for New Years 2015. I miss them so bad!

  8. Caroline Simmons says

    Yes, I am! I started last year and found my problem to be I'm "gungho" til about 1/2 way when the money get bigger! So this year, I'll do it in reverse and I should be okay.

  9. Julie Hoag says

    I was thinking of putting the money in a savings account to where you can build intrest on top of what you put in. I am going to start with week 52