52 Week Money Savings Plan – You Too Can Easily Save $1,378 This Year
This is the third year in a row I am working on the 52 Week Money Savings Plan. Technically this year I am doubling it up because I have some financial needs that I don’t want to stress out about at the last minute.
The plan is very easy to follow and I first posted about it in January 2013. My life has not been the same since. Whether you use this to painlessly put money away for holiday gifts or in my case – put money away to pay those pesky taxes – you can do it without panic with this method.
Basically, you put a set amount of money away each week – based on the week number. For me, payday is Friday. So every Friday (although I get paid bi-weekly), I will put money away. Week 1 – $1; Week 2 – $2; Week 52 – $52. At the end of the year, as long as there are no fluctuations I should have $1,378.
So this is the plan – it is a .jpg file so you can just right click on it if you wish to incorporate it into your “survive the fiscal cliff” strategy. Good luck!