Comments on: 8 Different Money Saving Challenges to Try

By: Suzie

Suzie — Mon, 01 Jan 2018 00:21:53 +0000

Last year I started my own little challenge of $.01 a day. Then I gradually upped it. I didn’t intend to save much that way but instead wanted to establish the habit of regularly saving. Yesterday I saw a good one that I am going to try. In fact I started today because it is a weekly challenge. It is a variation on the 52 week challenge. You save $1 on Sunday, $2 on Monday, etc., saving $28/wk. starting over the next week. You end up saving $1,456 by the end of the year; I believe that is actually $78 more than the 52 week challenge. I am hoping that broken down that way will make it easier to stick to. We shall see! (BTW I ended up saving way more than $1,378 or $1,456 but that was because of a bonus from work!)

By: Colin Ashby

Colin Ashby — Sun, 31 Dec 2017 03:23:41 +0000

In reply to giulia. That's great to hear! I'm hoping to do the spare change/dollars one. Saving all your $1 and $5 bills seems like it could add up to a small but good sum!

By: Colin Ashby

Colin Ashby — Sun, 31 Dec 2017 03:22:19 +0000

In reply to Jason Butler. I did the 52 week savings challenge a few years ago when I was in university. I didn't finish it (got 3/4ths done) but I really liked doing it! It was a creative way for me to save more.

By: giulia

giulia — Sat, 30 Dec 2017 11:53:46 +0000

A friend of mine last year tried the 52 weeks project ending on the half ways for unexpected bills, but luckily she had a good amount for emergency fund…however this year I’m trying to save more, using Kakebo, determined a weekly budget for grocery and fun stuff pus put every nights some coins directly into old travel mug became a sort of piggy bank…however your suggetions are all goods:D

By: Jason Butler

Jason Butler — Fri, 29 Dec 2017 16:08:49 +0000

I’ve never done any of these savings challenges. I didn’t know there were that many. I may consider doing one of them.