Ever heard of the 52-Week Money Challenge? Here’s an easy way to save money!

Ever heard of the 52-Week Money Challenge? Here’s an easy way to save money!

RICHMOND, Va. (WWBT) - We’re always looking for ways to save. So let’s get a strong plan in place for 2021!

It’s called the 52-Week Money Challenge. It’s easy to do and you need to start it this week.

If you follow through, you could have an extra $1,378 dollars saved up by the end of the year. So, think about what you’d do with that money now so you are motivated to follow through.

What is the challenge? Basically, you match the number of each week to the dollar amount you are setting aside.

Week 1- Set aside $1.

Week 2- $2

Week 3 - $3

Print out a chart online so you can follow along all year and set aside the right dollar amount each week.

You are using this challenge to not only remind yourself to save, but also teaching your self to save a little more each week.

Again, by 2022, if you keep this up you should have $1300 set aside for that fun vacation or goal or emergency fund.

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