Things always come up, so it makes some weeks a bit harder than others. That is why we don't always go in order of weeks. If one week we can put away $52 we cross that off the list (even though it is week 2). If we have a lot of expenses another week, and it is harder to budget, we use a smaller denomination and put that away. It is important to follow through and always cross off one of the weeks, no matter what!
How To Make It Work
For us, we do it every Sunday. For all families, that might not be a good day. Payday might be the simplest. So, make your challenge day the day you get paid. You can also add more than the chart states, but never less! You want to make your goal, right?There are no hard fast rules. Do what is best for your family, but at the end you will be thrilled with the results!
Why Do It?
If you start the first week of January and end the last week of December 2016 (52 Weeks) you will end with $1,378. You can do a lot with that money! We have been doing this for four years and it has changed a ton for us. I encourage you to involve your children in this process, because it teaches them to save. There may also be times they need to forgo some extras in order to make the challenge on a certain week!
Are You Ready?
Ready to take the challenge? New Years is right around the corner! This is the perfect time to start. Think about what you would spend that cash on and get your family on board. I have, and I can't wait to remodel our bathrooms! So, get your chart here and think about where you will keep all your money!