Tuesday, December 29, 2015
Save $1378 easily
Start with a dollar a week and increase your savings by one dollar every week for 52 weeks. It goes something like this:
Week 1: $1, Account balance: $1
Week 2: Add $2, Account balance: $3
Week 3: Add $3, Account balance: $6
By 52 weeks, you’ll have saved $1,378! Why it works: You’re starting off small and working on building the habit of saving.
The most you’ll ever need to put away is $52 in one week.
A friend had a concern that in December, when Christmas expenses and heating bills are high, the deposit amounts are also the highest. So she makes a chart and crosses out whatever amount she has chosen to save, depending on her weekly budget. Good idea !
Posted by Charlene L. at 9:49 PM