Friday, January 18, 2013

52 Week Savings Plan Challenge

$ $ $ $
I came across an interesting, brilliant and great idea on how to save money.  (Unfortunately, I didn't bookmark the page and Googling the idea gives me a TON of different sites to chose from, but I can't find the one I had seen, so I apologize to the person whose blog I found this on.  If I ever find it again, I'll edit this post and give proper credit.)  But with my husband's paycheck every two weeks, I've decided to make my own pattern of how much to put into savings.  

The basic idea is that each week is numbered and there are 52 weeks in a year, so the first week of the year is week #1 and you would put aside $1, the second week would be week #2 and you would put aside $2 and so on until you get to the last week of the year, the fifty-second week where you would put aside $52.  But if you're like me, the end of the year is a bit tight with Christmas, particularly if you have kids.  So, you can always do it backwards, but I've decided to shift things around a bit.  This makes it easier on us, so that it's not so much put aside in one month.

The following shows the week # and the amount to put aside

1.      $1
2.      $52
3.      $2
4.      $51
5.      $3
6.      $50
7.      $4
8.      $49
9.      $5
10.  $48
11.  $6
12.  $47
13.  $7
14.  $46
15.  $8
16.  $45
17.  $9
18.  $44
19.  $10
20.  $43
21.  $11
22.  $42
23.  $12
24.  $41
25.  $13
26.  $40
27.  $14
28.  $39
29.  $15
30.  $38
31.  $16
32.  $37
33.  $17
34.  $36
35.  $18
36.  $35
37.  $19
38.  $34
39.  $20
40.  $33
41.  $21
42.  $32
43.  $22
44.  $31
45.  $23
46.  $30
47.  $24
48.  $29
49.  $25
50.  $28
51.  $26
52.  $27
  


 I then got my planner out and wrote down each amount on each Friday.  Speaking of which, I need to go transfer some money....

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