Try the 52 week money challenge for 2013!!

I know that many of us struggle to save throughout the year. Try this challenge to save week by week and let me know how you are doing. I will re-post this every couple of weeks to see how you are doing. :)

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999 Responses to Try the 52 week money challenge for 2013!!

  1. Becca Wolff says:

    Can’t wait to start. Will be doing it every Friday!

  2. Christy says:

    I started tonight.

  3. Erin R. says:

    I started yesterday. I made my husband start too. I also printed out the pic so I can mark off each week :)

  4. Sara Hughes says:

    I am starting this today and I will do it every Friday. This is a great idea and I would to challenge myself and complete a task like this one.

  5. Paula M says:

    Started today!

  6. Stephanie says:

    I really like this idea. I will be doing it for me and my father. Hope to do this every year. thanks.

  7. Candice says:

    I just started. I use mobile banking so that makes it much easier to switch money to my savings account. I am going to double the plan and aim for more .

  8. Jennifer says:

    I am going to do it too, but backwards, with week one being the $52, because then I won’t have such a strain when the holidays come!

  9. Tamika says:

    This is fun Im going to post this in my facebook forum and challenge others to do the same in my group and on my personal page. What a great way to save money…thank you

  10. Kelly says:

    Beginning today – just made my envelope. Not sure what money will go towards… maybe my next big vacation? :)

  11. Laura says:

    I started this today! I printed out the chart and taped it to a cylindrical vase so I will be reminded. I love this idea!!

  12. Kenric says:

    Starting now. A great FUND-SAVING idea, thanks.

  13. kayla says:

    I get paid on a biweekly basis. It would be cool if there was a chart for that…but this is awesome. I put $3 in to cover weeks one and two

  14. mary hudspeth says:

    Starting today….excited…

  15. jessica says:

    I love the idea of doing it backwards! I have all the transfers scheduled in my online banking site. Looking forward to a successful year of saving!

  16. Lovelie says:

    I am so thankful for you posting this!!! This is just what I needed!! I started today!!

  17. L says:

    As I get paid bi-weekly and the amounts increase considerably towards the end I calculated saving $53 bi-weekly will still equal $1378 and not put me in a bind down the road

    • Profile photo of savi1603 savi1603 says:

      Yes, you can change it to fit your budget. I am glad you were able to find something that works for you.

    • Gina says:

      That’s a great idea L! I get paid bi-weekly and think it will be easier if I just put the same amount in every payday like you. I’m going to do $54.00 per paycheck and should have $1400.00 by the end of the year. I’m starting with the Jan. 3 paycheck and can’t wait to see it add up! That will help with a nice vacation for my anniversary in March! Thanks for this chart, too, savii603!

  18. Susan B says:

    I took an envelope and wrote numbers from 1 to 52 and then each week I’ll pick a number to put that amount inside. That way on leaner weeks I can put less and weeks we have more I can put more in.

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  20. G says:

    Week 49 is wrong should be 1,225.00

  21. Wanda Crespin says:

    Great information.

  22. Cynthia says:

    My entire family’s doing their own money challenge. My husband and I are starting out with $2/wk. and my kids with $1/wk. That will give us $8268 by December. So, by Christmas my kids will be allowed to use 25% (or $350) of their money challenge and the rest remains in the bank.

  23. Patty Matthews says:

    I can’t justify putting the larger amounts away between Thanksgiving and Christmas…too much going out to put that much aside. I can afford it now, but not in November and December, so backwards it is!!! I already saved $103 in two weeks.

  24. Amber says:

    I love, love, love this idea!

    I shared this on my blog and linked back to you guys!
    http://simplyber.blogspot.com/2013/01/52-week-challenge.html

  25. Shaylynn Mackie says:

    I am going to do opposites! So week one, I will do $1, then on week two I will do $52 and so forth!

  26. Rebecca Wieder says:

    Since Im a waitress, I put in whats required each week. Im already on week 19

  27. Wanda says:

    I will be doing this too. This will help with Christmas and for my son’s birthday, which is days after Christmas!!!!

  28. Liz says:

    I’m on week 6 and since I didn’t have coin, I just put in a bill a couple of times and have $45 in the “bank” already..now if I can keep putting in the minimum each week with a bit extra now and then, I’ll get to New Zealand to visit my son sooner…..

  29. Heidi Walls says:

    Can we start the challenge at anytime?

  30. Tim says:

    This could be fun! I will give it a go!

  31. ginger says:

    This is a super idea. I’m going to being mine now and use it as a chistmas account. My first deposit will be on Black Friday 2013 and then I’ll have Black Friday 2014 shopping money. Happy Savings to all!!!!!!

  32. Tracy says:

    For weeks 1-5, put the amount in each day. So week one, instead of $1 you will have $7. It’s easy on the small weeks!

  33. Sarah says:

    My husband and I started this January 1, 2013! We doubled it since there’s two of us so first week we put in $2, second week $4, third week $6, etc. I bought a cheap extra calendar and went ahead and put the number each week corresponded with so I knew at any given point how much was I be put in. Also, I kept a running tally on the calendar- meaning, like on week three, I wrote $6 so I knew by the third week my $1 + $2 + $3 would mean I should already have $6. I just doubled it when figering out how much my husband and I should have combined. The calendar was great because some weeks we got behind but I always knew where we were because I put a check mark by the week after it was finished. Also, some weeks we were able to put in some extra and get ahead. We now are just $400 away and we’ll have $2,800 by the end! Next year, we’ve decided to go backwards and start with 52 because, since we doubled, $400 the month of December is a little rough financially. It was definitely beneficial and was an easier, less painful way to save money- it was actually fun! Good luck!

  34. Jennifer says:

    With Nov-Jan being our hardest hit months, (son #3-Nov 12, Christmas, and Hubby-Jan5, and me Jan16) we have all our taxes (properly, 2vehicles) due in January. Plus all our insurance starting in Jan and due quarterly, I think I am gonna split this. Since I can’t start now, I will in January start with week 1, and when week 27 rolls around, I am gonna go to week 52 and work down. That way, we won’t be in such a bind. And I am also, gonna try to do one for all our family….Hubby, myself, and 3children….hopefully we will have a total savings of $6890?? I did that in my head, so I hope it’s right. Do that every year and I might be able to send one kid to college. Lol

    • J Mac says:

      Even if you can’t stick to this “program”, try saving something even during the hardest of times – even if it’s just $1 for each of you.

      Another thing we did was save our change! Every couple of days we would put all our change in a piggy bank. The first year we had $770 but that was because we pooled all our “piggies” together and even found several dollars in the couches, chairs, and cars (lol). We averaged about $350 a year now….

  35. shirleyt says:

    Any ideas for doing something like this when you only get paid once a month? I thought of adding the 4 weeks together and taking that much out but I’m not sure I could do $200 all at once like that near the end of this!

  36. Brilliant Idea, I think I will start this in January but commence with week 26 and then repeat in July 2014.

  37. Betti says:

    Guess I will be doing this for 2014 seeing this year is about over. I will be doing it backwards also. Great Idea! who ever came up with this! Thanks.

  38. Laurie1957 says:

    I made an Excel spreadsheet and added a column for the date, in between the Week Number column and the Deposit Amount column. This will allow me to deposit extra from time to time, if desired, and I can switch it around to be bi-weekly, if needed. I used formulas to accommodate extra deposit amounts, so the totals will always update accordingly.

  39. Phyllis says:

    This is not possible for someone on limited monthly income like myself. The little money I get barely pays the bills and not anything else. I wish I had done this when I was still working.

  40. Roxanne says:

    I am sooo gonna do this. I love the idea. Thanks for the tip. It won’t make us rich but certainly richer then we were. LOL :)

  41. Patsy says:

    I’m never able to save due to so many bills. But, this looks totally easy. What a great idea.

  42. Audrey Grace says:

    If you can afford to set aside $100 or more per month, you can’t be struggling too badly.

  43. Jennifer Jo says:

    I just found this. I’m starting late, but I’m really excited to do this. What a wonderful way to begin saving in a very doable way.
    Thank you!

  44. Pat says:

    Cant wait to start this…..I am excited to try it…..

  45. briana says:

    I wanna try this

  46. Chris says:

    I’m going to do this backwards and put it towards my credit card every week, on top of the monthly payment. I’d love to see THAT balance go down, and with the interest I pay, it will save me even more in the long run!

  47. Kirsten says:

    I am just finding this a year later and can’t wait to start saving in January 2014 :)

  48. lisa says:

    Is there a bi weekly chart? My company was bought out and starting the first of the year, we will start getting paid every two weeks instead of twice a month! Thank you!

  49. HalfWhit says:

    This is great…gonna do it. I also save every $5 bill I get. It is so easy and now it kills me if I have to use a $5 bill for anything. I saved over $1K the first year. Use that $$ for special trips with grand KIDS! Thanks tor the Suggestion.

  50. Cody Theis says:

    If you save up threw all 52 weeks you will only end up with $1,334

  51. LisaMarie says:

    Is there one (chart) for people one monthly incomes??

  52. Michelle says:

    Great idea, I would like the bi weekly spreadsheet as well. Thanks for the tip

  53. Sara Wellman says:

    Will try to figure out how to do this since I am a retired person. Any suggestions?

  54. Linda Todd says:

    What a great idea. Will start Jan 1st 2014!!

  55. Stephen king says:

    I WILL START THIS WITH THE LITTLE WIFE THIS WEEK.

  56. Sara Tucker says:

    With all respects, I believe your week 49 has the wrong amount saved. Instead of $1125. it should be $1225.

  57. Jeannie says:

    I started today. Opened a new savings just for this reason. I got my adult children to do it too. Such a great idea!

  58. Massi says:

    Awsome. I will start on jan 1. I will make it a new year resolution.

  59. Paula Haskins says:

    Cute idea if you can make yourself stick with it but I think I’ll just stick with the old basics. I save the same every payday. It just helps to stick to your budget. You can save $25 each week and end up with $1,300 at the end of the 52nd week. A little harder than $1-$20 a week but a lot easier than $30-$52 a week.

  60. Debbie Cogar says:

    need a biweekly sheet

  61. chris says:

    Im gonna try this but, im also gonna try something a little different, im going to start by putting a dollar for every hour worked into the savings, 1.50 for ot. Until i get to the weeks that its more than ill put in that weeks required amount.

  62. Jeff Alexander says:

    Or….you can put in 26.50 per week for the entire 52 weeks and come out with the same result……just saying.

  63. Ami says:

    can you email me the bI weekly spread sheet to please. thanks amiisaacs@ yahoo. com

  64. Chris says:

    I think this is a great idea. And by started with the $52 you would start to earn more interest right away if you are depositing into a bank.

  65. carol says:

    I think you are all lucky to be able to have £52 spare at the end of ANY week!! I do a direct debit of £5 a week into a savings account which I use for all extras and emergencies, but no way be able to afford £52 a week. :(

  66. samthib says:

    I get paid monthly. This is the breakdown:
    November 10
    December 26
    January 42
    February 58
    March 74
    April 90
    May 106
    June 122
    July 136
    August 154
    September 170
    October 186
    November 203

    Please check my math.

  67. Leonie says:

    Hi all just thought I would share…. My friend suggested to start at the $52 and work way down instead that way the budget won’t be tight around Xmas

  68. Wendy says:

    Going to start

  69. Suzette says:

    Started mine today, going to keep track on my computer budget savings pg. thanks for the idea going to pass it on.

  70. Tianna says:

    Here’s a twist. People always start gung-ho on things, and then struggle as it goes by. So, why not start off with $52 dollars, and decrease it each week? It will get easier and easier, and at the end you will still have the same amount.

    • conrad j daoust says:

      awesome idea :) liked

    • Emily says:

      I like Tianna’s idea!! Plus if you stop halfway through for some reason you’ve saved more money because you started with the higher amounts.

    • Heidi says:

      Plus, that way you won’t have to come up with $50+ right at Christmas :)

    • James says:

      That was my plan :) Might even do up a calendar to mark which ones have been paid, if I’m a little short one week I can pay a smaller one, mark it off and still keep track!

    • Shelley Hier says:

      I’m going to start this in January 2014, but I’m going to follow a suggestion by a couple of people on here to start at $1, but in the middle of the year (week 27) I’ll go to $52 and work back down. This will help us pay our taxes in 2015 without worry-especially if I can get my husband to do it too! Going to make sure my kids know about this too-so I’ll print out the pics for them.

    • Carolyn says:

      I like that one (and this whole idea)

    • Ann Mattio says:

      I like the starting backwards idea!!! think I am going to give that a try!!

    • Tina says:

      If you are putting it into an interest bearing account, you will have more, because you are earning interest on the higher amounts the longest period of time!

    • Tabby says:

      This is what I do…. start at the higher amount; afterall, Thanksgiving and Christmas seem to be the most strapped for money seasons of the year…. this has worked great for me this year :)

    • Love that idea! But I still think that a consistent savings of a certain amount each month is a better habit to learn. Even if it’s only $10.

    • Kim says:

      actually if you deposit it into an interest bearing account, you will have more due to compound interest on a higher starting amount.

  71. cheryl says:

    Can’t wait to start

  72. yourallstoopid says:

    if you need an image on the computer to get you to save for christmas, I’m surprised you made it this far

  73. Robyn says:

    For new plans how about starting 1 December?

    Next year you will have your savings to spend at the end of the year when needed most.

  74. Broke student says:

    I get paid weekly and ive been putting everything in the bank so i can pay off school, but now that that’s payed for today and ive got absolutely no money in the bank anymore. I think i’ll start with this!

  75. Brian says:

    You guys are all stupid…. If any of you could afford to put away $30/wk EVERY week, you wouldn’t be reveling over how ingenious this plan is…..

    if you want a real way to save, cut some damn expenses!

  76. BigDaddy says:

    Why not just put away 26.50 each week? Same idea

  77. Minnie says:

    I am going to start this tomorrow. What a great idea!!!!

  78. Keith says:

    Start at week 52 and it gets easier. Or you can see how hard it is and admit you cant make it past week 25 If you started with a dollar.

  79. Pat says:

    If you can afford $52 in the last week (or the first week) why not just save $52 EVERY week and you’ll end up with $2700!!

  80. Jonny Ray says:

    You know what would me MUCH easier!? Setting up your bank to automatically deposit $26.50 every week into your savings account. That would give you the same over 1 year. :P

  81. anne says:

    how about start on December 1 this year so money available for Xmas 2014. A good way of saving for xmas

  82. j says:

    i find it harder to save towards the end of the year so putting away $45 at week 45 is hard to find for me, i actually do it in reverse, and start saving with a higher amount and work my way down.

  83. Blair says:

    My only concern for those starting the other way around is that when you get near the end, there won’t be much incentive for you to be putting away that $4, $3, $2, or $1.

    How about another compromise? Print out the chart and each week put whatever you can into the savings. If your expenses are down, put in one of the $50’s. If money’s tight that week, go for a $1-$5 amount. Cross off each week once you’ve done it and aim to cross off every one of them over the course of the year.

  84. Jon Smith says:

    Am I missing something? I think it is wonderdul that this inspires so many people to save. However, if you can afford $50 per week, why not save that every week all year? Or if the end is hard, why not save $26.50 every week and you end up with the same amount of $1,378 with no major sacrifice in the later months? No will power?

  85. Kim says:

    OR, if one week you have extra $, put that in, but if an unexpected bill comes up the next week, you can pick a lower amount to pay-just cross it off the list

  86. Derek Berg says:

    I’m going to try this x10

  87. Karen says:

    I love this idea. I struggle saving money sometimes being a single mother but I can definitely do this! I’m going to do it backwards of course because I have more money during the first part of the year than during Christmas time. Can’t wait to give it a try!

  88. Lisa Wade says:

    Why not just put $25. a week away then you would have $1300. after 52 weeks. Much easier to budget.

  89. conrad j daoust says:

    I would like to do this.But I get payed once a month :(

  90. Lesley says:

    I will start at the beginning so I can make it through the holidays then I will start going backwards at the end of January so the savings add up faster. I am not putting mine in an account that I can access by debit – it is too easy to use it that way. I will use a separate account and transfer the money online.

  91. Denise Doiron says:

    I did it last year and I challenged myself by doing double. Needless to say, a bit hard at times but very satisfied with the result. Since I am used to putting aside a significant amount, I decided to continue next year but doing it in reverse…I will start with $52 and go down every week. Thanks for the idea.

  92. sue hunkler says:

    I like the idea of doing it backwards..going to try this

  93. J Mac says:

    Great idea! Since I get paid 2x a month (not biweekly), I’m going to do $5 increments for 24 pay periods in reverse like someone mentioned earlier ($120, $115, $110, $105…….$10, $5). That will equate to a savings of $1500 in year!

  94. Gina Jones says:

    Can someone send me the big weekly chart I love this idea

  95. britt says:

    the chart wont show up for me :( could you please send me the chart and also the biweekly chart?

    thanks

  96. Nicole says:

    Can we get one without the background, which makes it difficult to see and expensive to print?

  97. Alan Gilmore says:

    Bloody great idea starting with $52 and working down. By the time one is half way thru one would be so used to doing without the cash that one could still put in more that is required. Gonna start this after Xmas (tho January quite much with 5 birthdays and a wedding anniversary so might jump to smaller amounts then back up in Feb)

  98. Denise says:

    I am making this my new years resolution. I think doing it backwards is a great idea as well.

  99. kev dotson says:

    A suggestion: how about a 26 week plan? the 52 week plan is for people who get paid weekly. I get paid biweekly

  100. unit says:

    Or you try the easy way. 115 $ every month or the half bi- weekly in a diff account.

  101. Kimberly Rae says:

    or start at week 52 w/$52 and work your way backwards….

  102. Love this idea. Will start today and every Friday.

  103. rodney says:

    i do this every week too..but i put 40.00 in…do what you can afford…it adds up!!

  104. Joann Howard says:

    I was thinking about each week putting in as much as I could of the $1 -$52 cause some weeks r better than others. So if I’m doing really well on say week 7 then instead of $7 I’ll put n $52 that way I can put n $7 on a week I’m running short. Another thing I thought of was having a bowl of numbers 1-52 and what ever number I drew that week would b my dollar contribution. Lol

  105. Cloudy says:

    Today is the 29th of November,2013. My week one will begin on Sunday December 01st,2013. Next year I will give my grand daughter one thousand dollars for Christmas. What a wonderful idea. Thank you for sharing !

  106. Gail says:

    I like the backwards amount. It would out great for me because at Christmas I will have some money for Christmas presents. We have a total of 14 grandchildren and 10 adult children to buy for so we could certainly use the extra money at Christmas

  107. jennifer dayboll says:

    if your bank or credit union have Christmas Club. why not just do that?

  108. tammy says:

    that’s such an awesome idea I would also like the bi-weekly chart thank you

  109. Naomi says:

    Could I get a copy of the biweekly please?! I love this! Thanks so much for posting :)

  110. Donna says:

    Hi, I am receiving SSI so I get pd once a month. Tryin to figure out a way to save weekly and still have enough to make ends meet. I am currently tryng to put back $15. amonth but some times I have to transfer that backto cking, Any Ideas on calculations on a $710. mnth budget? ty

  111. Victoria Tedder says:

    I’m going to start the traditional way this year since I just became a single mom. Money for next Christmas!!!

  112. Holly says:

    As a single parent, I struggle nearly every paycheck. So I am going to print out the chart, and cross off whatever week contibution I can afford that week. Some of the higher ones I’ll never be able to do, but it will still be a good way for me to put money aside so I’ll have the money for car registration or two new tires each year!

  113. Lisa says:

    I am going to be starting this next week and using my boys savings accounts to save the money in. If possible I would like the bi-weekly chart as I am paid bi-weekly and it could help. My husband is also going to start and he is paid on opposite weeks as me so we dont want to put too much of a strain on us. I am going to go both forward and backwards in one account I will start with $1 and the other start with $52 so that I am not over exerting myself near the end of the year.

  114. Cameronsdad says:

    I going ti make it easier on myself and put away even more. Instead of trying to remember how much to do each week, I am going to put the same amount every week for the year. I am going to do a flat $30 each week. $30 * 52 = 1560. at the end of the year. What’s even better is I can set this as a recurring transfer and don’t even have to think about it, it will happen automatically. I wont miss the $30 and it’s easy to budget around it.

  115. monica says:

    I would like a bi-weekly chart sent to me

  116. Heidi says:

    I’m paid bimonthly. Can you make a chart for that also please?

  117. Karen says:

    I had a friend do this but she did $1.00 week one and $52.00 week two, $2.00 week three and $51.00 week four etc. That way it was never more that $53.00 from a two week paycheque.

  118. Leslie Saladino says:

    I am so going to do this I could use a vacation maybe a Disney Cruise for me and the girls

  119. Sarah says:

    I have been putting $50 every 2 weeks in to a savings account at a different bank than my checking. It really adds up fast! I might try this too!

  120. Consuelo says:

    Can the biweekly info, that was mentioned earlier, please be sent to me? Thank You.

  121. Pam Hoover says:

    I just made a sheet out to show to my hubby and try and do this for both of us. He gets paid bi-weekly and since I’m on disability I get a check once a month… I figured it out for his check and mine too. I also put on the sheet starting with the higher amounts and going down… I also worked it up to where we do alternate high and low amounts. Here’s to hoping he will agree with me and we can have an actual vacation fund / Christmas fund for the next year!! Thanks for the idea!

  122. Jared Dowland says:

    I have to criticize this plan: During the last 3 months you’re putting in close to $200/month. The hardest part of this plan comes during Labor Day, Veteran’s Day weekend and Thanksgiving time. October this year had five weeks=$250. It would be tough for an average person to stick to the savings game during this time. If you fell behind and couldn’t contribute during SEP-OCT it would be easier to replace 230.00 than $400 missed (See next sentence to see where I came up with $230. If the goal is to save $1378, just open a free savings account and allot $115/month or $28/week. That’s much more painless to achieve the same goal. My point is: Slow, small and consistent savings over time always wins. If you were to do this plan, I suggest doing it in reverse, that way you are rewarded as the plan goes on…there’s a light at the end of the tunnel as you’re putting in less each month.

  123. Gary S. says:

    I always just put $20 back each week so I won’t be doing this, but I’m wondering why at week 48 it’s at $1,176 and at week 49 it drops to $1,125. Shouldn’t it go up to $1,225? and end the year another $100 ahead at $1,478?

  124. Brenda says:

    I will be trying this!

  125. Belinda says:

    will deffently give this a go and with both of us working cross fingers be even more…

  126. carmen rivera says:

    Can you please email the biweekly schedule great idea
    Thanks

  127. Cammie says:

    I also never spend change~~once a dollar bill is broken, the rest goes in a 5 gallon water bottle I use as a bank~I put loose change, $2 bills & $1 coins in it! So far over the past 10 years~~I’ve cashed it in for a 17 day trip to Greece/Turkey/Egypt~~bought a car(yes, with rolled change) and taken a cruise!! It adds up!

  128. Dolores says:

    I will be starting this and catching myself up to my week of vacation. I plan on using it for a cruise.

  129. Theresa says:

    Love this and all the ideas. please email me the biweekly chart. tjameson66@gmail.com

  130. Shelly says:

    Backwards it is. Let the savings begin:)

  131. Harley says:

    I did this through 2013. I got a late start, but I began with the total of the week I began. I’m happy to say that I’m on target for the year!! I deposited my funds in a credit union account that bears interest, so I’ll be a little ahead :) For anyone who thinks this is too hard– it works with any denomination. For instance, you could do a penny the first DAY and two pennies the second DAY and three pennies the third DAY…so that the most you’re spending by the final DAY of the year is $3.65!! By the end of the year you’ve saved $667.95!! This design requires a DAILY deposit rather than a weekly deposit, but you could certainly just add up what the week is ‘worth’ and deposit it all at once on a weekly basis. It’ll work with nickels or dimes or quarters too. This is a great way for kids to learn the art of saving and paying yourself first.

  132. L.crook says:

    Or you could just put up 26.50 each week.

  133. Rachel says:

    I did this, this year, and will again in 2014.

  134. Jessica says:

    Love this idea specially starting with the $52 and going down

  135. Kent says:

    Sounds like a good thing to do, who will encourage me?

  136. Rhonda Gribbind says:

    Can I get the big weekly chart? Please and thank you

  137. Sharon Lavallee says:

    Could you send me the bi-weekly chart please. Thank you- I love this idea!!

  138. joy says:

    This sounds great, but I am on disability. Can you make or have a chart for monthly? I can’t afford a lot, but anything every month would be a great amount for Christmas, something unexpected, whatever!

  139. Cheri says:

    This is such a neat idea. Could I please have the biweekly plan also? Thanks cchilders76@gmail.com

  140. Yeny Monterroso says:

    Don’t understand it really well but I do want to try it!

  141. Jerry says:

    Could you please send me the bi-weekly chart as well? This sounds great!!! I get paid every two weeks. My email is jdcdmoore@gmail.com

  142. Jeanette says:

    would like the bi weekly …

  143. PastorDave Braun says:

    Yes,the reverse idea is better.But please answer this question- isn’t savings considered taxable income,thus depleting that savings account some,(to pay the income tax)and if there was interest paid (ours is a credit union) would it overcome the tax? A few questions need to be answered first, before we jump in.Thanks.

  144. Theresa says:

    I get paid every other week so I’m gonna do week 1&52,then 2&51 and so forth and so on so that I’ll be putting in $53 every pay check I think I can handle that…Love this savings plan…

  145. Pam Erwin says:

    I need a chart for monthly. Do you have one by any chance? Thank you!

  146. Patti says:

    Another idea is to do week 1, then week 52, then week 2, week 51, etc, to alternate the high and lower amounts. It may be easier on the budget, as the amount will remain constant at $53 every two weeks.

  147. Cindy says:

    Simpler to put $25.00 a week. Too much thinking of what week you put what ? Kinda stupid, I think. My way you have $1300.00 at the end of 52 weeks.

  148. latoya sherrod says:

    I would like to see the biweekly chart

  149. Jess says:

    I do not work in the summer, so I have no income coming in, and we can’t get by on my spouse’s alone. I’ve been doing a similar thing, saving Sept- June to help make up for the amount we come up short on our bills each summer.

  150. Maxine Garrett says:

    Deposit? Into a bank acct or just a saving place at home. I suppose that is personal choice as with the fabulous backwards idea.

  151. Kyle says:

    Keep it simple, Just put $30 away every week. Actually come out ahead a bit more as well. If you happen to smoke.. QUIT! That will save you $2,000 to 6,000 per year plus savings on health insurance.

  152. alexis says:

    I’m all in. I have invited some of my friends on facebook to join in.

  153. Morris says:

    This is an excellent way to save. However, take note of the error in week 49. It should be $1,225.00 not $1,125.00. Not trying to be picky.

  154. Sharon L. says:

    What a great idea.
    I may even have to try this one, just to see how well I can do it.
    Had it shared on Facebook and thought it looked like a good idea.
    I used to work with saving 10% of paycheck and it worked out well, after I learned to do the “envelope method” for our bills.

  155. brandy says:

    I love this idea! Will be working backwards. I would also like a copy of the bi- weekly amounts.

  156. Malinda says:

    Its really a great idea. Unfortunatley, so of us are super poor, and cant even afford a dollar! Yeh, it sounds easy enuf, and I would also love to try it. But I can promise you that next week, I wont have 2 bux!

  157. rachel says:

    Please send me the biweekly plan! Thank you.

  158. Kelly says:

    Great idea me and my husband are both gonna do it .can someone send me a biweekly schedule please .

  159. jennifer says:

    hi.i think this is a neat idea,but i cant do it weekly,but going to try it in jan since i get paid once a month.

  160. Peggy Sossman says:

    What would we have to put in the bank on a monthly basis, since we only get paid once a month. Always the second Wednseday of each month. We live on a very limited budget. Help is requested. Thanks for the great savings idea.

  161. Good idea, going to start backwards, make it easier down the road, Do you have a bi-weekly chart ? Thank you, have a great day.

  162. Chasity says:

    I would like to get a copy of your biweekly challenge if you wouldn’t mind emailing it to me. This is such a GREAT idea!

  163. Angel Domiguez says:

    I would like to get a copy of the bi-weekly schedule please. Thank you

  164. Sara says:

    I don’t know who you are, but I love your idea. I am terrible at saving money. My husband and I have a travel account where we each put in 200/month and it adds up so quickly. However, I don’t have access to it. I’ve been getting better on the savings thing, but this is going to see so easy. Now the goal is not to touch it.

  165. Donna Murphy says:

    I did this in 2013 and I love it! I had all the money I needed for Christmas shopping and more!! I am doing it again in 2014. Jennifer your idea about splitting the year and working backward…BRILLIANT!!!

  166. Boomboomdecat says:

    What about starting with 52 in week 1, then 1 in week 2. Then 51 in week 3 and 2 in week four, etc. In the last two weeks you save 26 and 27, but you havent had any very large savings on either end of the year. Basically, you are saving 53 every two weeks.

  167. Lila Smith says:

    I can’t wait to try this I will be starting Jan. 1st 2014…

  168. Stephanie White says:

    I saw this in my Facebook feed struggling financially and I would like to say thank you for this chart. I hope to see more of this. helps me alot

  169. Jason Nathanial Kendall says:

    Week 49 is a typo

  170. Justin says:

    why bother incrementing or decrementing your contribution each week? you could just set up an automatic transfer or payroll deduction to a vacation account for $26.50 a week (1378/52), or more if you need more. then you don’t have to mess with changing amounts each week. set it up, then forget about it until vacation time. same results, less busy work.

  171. JanB says:

    DEFINITELY doing this NOW!

  172. darcy, martina scott says:

    We just got it we both are trying it

  173. Chris says:

    I will do this TOO!!!! For those of you who want to do more and make more: You can work from home like I do. Go to http://www.paydayclassifieds.com – Do as shown and you’ll be ready to go in no time. I do this daily and make money…Hope this helps! ;)

  174. Carolyn says:

    I’m retired and get paid on the first of the month. Think I will start with the lower deposit because I will start on January 1, 2014 which is too soon after Christmas and I have to cover all the weeks of the month in one deposit. But I like the idea of switching to the highest deposit (December) on week 27 so the deposit amount will be manageable at that time of the year. Will use the spreadsheet/calendar idea also. Thanks for the great idea!

  175. michelle says:

    i do this every payday but instead of $1.00 i do $25.00

  176. Maggie Hernandez says:

    I would like the bi-weekly money chart…

  177. Jennifer Stang says:

    I want to mom join

  178. Angie Gilliam says:

    I would also like the bi-weekly chart. Thank you for the idea!

  179. This is awesome! My dad had talked a lot about doing this when I was younger in my 20’s. I am in my 40’s now and still have not started.

  180. Anita Arteese says:

    I get paid monthly. :-(

    Awesome idea though.

  181. Loneie says:

    Am looking at the chart but am not getting it. Can someone explain this to me?

    Thank You

    Loneie

  182. Jon says:

    This is too gimmicky. Just direct deposit 26 bucks each week from your check into a savings account, or “Christmas Club”, that is untouchable for the year. You’ll forget about it as it will feel similarly to a payroll tax that’s deducted each pay period and it will seemingly go unnoticed.

    The act of physically transferring money each week into a separate account creates a moment of decision for every transaction. I’m sure there will be occurrences where the decision will turn into an instance of “I’ll just catch up next week and double my deposit if I don’t do it this week.” Unfortunately, that could compound into further instances of ‘doubling up’ down the road, where you’ll find yourself trying to make a deeper decision to save more than you want to because of other bills, etc.

    In my opinion, treating a direct deposit as a must each week, and depositing the funds into an account with penalties for early withdrawal, are sure fire ways to surprise yourself with a chunk of money at the end of the year. Remove the routine of the end of the week physical transfer and do it automatically. Be blind to the savings and remove the human element of making a decision.

  183. Laurie says:

    What a great idea! We’ll be doing it!

  184. Linda B. says:

    This would be a great way to save up for a newborn or toddler for college! It would also be a great plan for a property tax savings acct. My aunt used deposit money into a Christmas club every year just to pay her property taxes.

  185. John says:

    If you do it backwards like everyone says, you can also earn more interest on it through the year.

  186. Charlie says:

    Instead of $1 x number of week, I said I’d try $10 x number of week, until I could no longer afford the weekly payment. Guess what, with determination, I just put $490 in for week number 49 in 2013. In the beginning, I thought I may get to week #20. I suggest challenging yourself to put as much as you can in the first 26 weeks, then maybe tailor it down to the suggested amounts in the schedule. $13, 780 in 2013!

  187. Cinda Wilsson says:

    Wow what a great idea! I printed off the sheet to keep track. I am starting today.

  188. Gene says:

    A friend of mine introduced this to me earlier this year. I’m happy to say that I’m on week 33 using a $3 figure. Once I complete my goal, I’ll definitely try the reverse and start at week 52. Good luck to everyone!

  189. Mark says:

    I decided to put $1,378 for week #1. Done. Don’t have to think about it every week now. #winning

  190. Carrie says:

    I want to try this but I think I’m gunna do it backwards cuz then it will feel earlier and easier every week instead of harder :)

  191. Dan says:

    Dumb…. Just have $25-$30 per week taken out of your payroll check and deposited into a separate account. Why play games?

  192. William says:

    The account total at week 46 would be more than I made it 2012.

  193. Vivienne says:

    Great idea, we used to do this in our bank, called a Christmas club & when Christmas came you had whatever you signed up for weekly, plus interest.

  194. Carol Cannon says:

    Wish I had know about this years ago. Now it’s too late. There is no way I can do it on my disability income. But, I will make sure a send the link to my kids and grandkids.

  195. LaJohna Rials says:

    Can I have the bi-weekly breakdown. lajohna_rials@hot mail.com

  196. Mocha Prime says:

    So far I’ve saved 246,000 this year…

  197. Colby Chase says:

    I love this! What a great and simple approach to saving.

  198. Colby Chase says:

    I love this! What a great, simple and fun way to save.

  199. Frani loupe says:

    Can you please send me a copy of the bi weekly chart!? :) thanks

  200. Joy says:

    Can someone send me a copy of this that is bi-weekly? I would love to try this out! Thank you.

  201. Ashley says:

    I get paid every two weeks, so what I’m doing to make it easier to save every week is do two weeks a paycheck. Week $1 and $52, then two weeks later do $2 and $51, and so on a so forth, that way every paycheck I just put away $53. Makes it easier to save, so that I’m not having to pay more during harder times during the year. Just an idea for people so you are paying in the same amount every time. Hope this helps!!

  202. Ted Hughes says:

    All banks used to have Christmas Clubs. you could put in 10 -15 -20 per week, and they ran from mid-November to mid-November. Obviously you had your money for the Holiday’s. Oh yes, sometimes it is easier to save 20 per week than 1 for a week and 52 for another.

  203. Sonia says:

    I started today. This is a great idea. Just so you know for week 49 the total should show $1225.00 and not $1125.00.

  204. Matt says:

    Or you could just do $26.50 each weak and still have the same amount shown within in the 52 weeks.

  205. Sheila says:

    I’m definitely going to start this the first of the year. I have some stuff im going thru right now but I will start January 1st for sure

  206. Elvis says:

    I will try and I’ll start this friday.

  207. william wells says:

    I will do it.

  208. Angie says:

    Start with $52 and work backwards that way. January you tend to have more money vs closer to the holidays.

  209. Kelley mead says:

    My husband and I started this last Jan 2013.. We hung up a calendar and we put our money in our own fund on Sunday. Almost a year later we have almost 2600.00 dollars saved and now we are going to use it for a vacation fund. This coming January I think we are going to reverse it and start the fund with 52.00 and go backwards.. I think this would be a great saving idea for kids by using coins instead of dollars…

  210. tary bowker says:

    Great idea! I would like the biweekly backwards chart please. Thanks

  211. paula says:

    great idea..i also have another idea-everytime you go to supermarket and use your shoppers card for that store for savings bank the savings..it adds up so quickly

  212. Dahlia says:

    Can you please send me the one for bi-weekly chart
    Thanks

  213. Mona says:

    Awesome idea! Good way to pay off credit cards. I’m going to try it!

  214. Lisa Hill says:

    Just want to make sure I got this right…. Going backwards…. Week 1,52.00$ next week 51$ 3rd week 51$. Is this the way it goes until you get to 1$

  215. Teresa Clark says:

    I would appreciate a bi weekly chart.
    Thank you!

  216. Richard Dagnall says:

    I’m going to start this week. This is a great plan. Thank you

  217. Sue says:

    This averages out to 25.00 a week. I started last year putting 20.00 away every Friday. This worked great for me, have plenty to help with the Christmas budget! And it’s easier on the last few weeks, where the last month you are putting over 200.00 into the savings. Some people thats just not do able. I will stick with my 20.00 a week.
    Good luck to everyone though!

  218. Penny says:

    Would you please send me the Bi-weekly one also to my e-mail?

  219. Debbie says:

    love the idea! I am starting it now!

  220. J Stein says:

    Out of curiosity, I made a spreadsheet that also factors in interest from 5 scenarios. If you are interested, save a copy and play with it! It will also calculate if you save more than $1 each week. https://docs.google.com/spreadsheet/ccc?key=0AjTpNNdu-ccsdFNLQVJFNVk1QURVODNRV3BUdkpXOWc&usp=sharing

  221. Priscilla says:

    I would like the excel sheet broken down bi-weekly and would also like to ask if you have one made for being paid twice a month?

  222. Greetings! I have long been a proponent of paying myself first and love this idea!

    This weekly plan is a great way not only to save money, but to invest it for your future. We are going to buy a stock that has a dividend reinvestment plan (DRIP). That way, we can buy more stock with our weekly amounts through the DRIP and not pay a transaction fee for each purchase. We’ll reinvest the dividends, too, so our stock will be worth even more.

    Thanks for the idea! I hope our stock twist will help others take your savings further.

    Cordially,
    Karen Commins

  223. Kim says:

    Totally doing this and will increase or double when I have extra. Brilliant plan! Thanks for sharing!’

  224. Bill says:

    Wouldn’t it make more sense to just add all the money to your investment account along with the other money you have. That way you are truly growing your money and letting it work for you, instead of just setting it into a savings account that gains you $1 per month.

  225. Nessa says:

    I’ve already marked my calendar to begin Jan 2014! I like the backwards method…starting with $52 first week. Thank you to whoever thought of this! Great idea :)

  226. Jeff D. says:

    For those of you starting at $52 and going backwards, why go to $1? Once you get to the point that the sacrifice isn’t horrible (maybe halfway at $26?), keep saving at that rate. You’ll end up with way more in the end that way, and may even find in the end that you can start going back up again. Even better, put your money into an RRSP or something and get even more money back from the taxman!

  227. Diana C says:

    I get paid every 2 weeks. Will it work if I do it every other week? Or I could still put it in every week. N not every paycheck right? I think me n my boy’s will make it a tradition. Ya that sounds like a good idea. N we could switch it year to year by forward n backwards. My boy’s are 3 years n one is going to be 1 in January 2014. It will teach them how to make saving money fun n easy. Wow thank you Diana

  228. Kimm says:

    I love the money challenge. We have 7 money challenges going thru out the year. All started at different times, so that they end at different times. I suggest everyone do the money challenges. It’s a great way to learn how to properly save money. It makes it easy, and doesn’t make you feel like you can’t complete it. A great tool for kids also. Start it with kids as soon as you can, Once you get enough to open a CD at your bank, put their money in and let it make more money for them.

  229. Robin says:

    Unfortunately, I’m on a fixed income…and it’s not much…and I can’t do this every week but I’m going to try to do something like this monthly. It won’t add up to a lot by the end of the year but it will help me immensely. Thanks for the idea. =)

  230. Vinny says:

    Hey great idea — so by the end of the year our total savings has depreciated courtesy of government induced inflation while earning less than 0.5% in compounding interest from the Federal Reserved backed bankers! Here’s a better idea: DONT WASTE TIME HOLDING YOUR MONEY IN A SAVINGS ACCOUNT OR SQUANDERING IT ON B.S. YOU DON’T NEED. This financial advice is free of charge. You’re welcome.

  231. this is a wonderful idea and seems to help alot of people. i always found the “direct deposit” feature for my paycheck at work to be the best. you could have any amount go to several different places. when you designate a certain amount into savings you don’t have to count on yourself to remember to do it and you get used to living without that money. when i became unemployed, living on unemployment wasn’t such a shock because i had been living on way less than i actually made for years because alot of my paycheck went right into savings and i never saw it to begin with. just a suggestion for those who might put off actually depositing the money with the system shown here. ask about direct deposit at work.

  232. Renae Salsman says:

    I would like to be sent the one for the bi weekly pay please. my email address is dozer6977@gmail.com

  233. Vicky says:

    I’m going to start next week hubby get paid monthly so have to wait for his pay to come in but i’m starting backwoods

  234. Vicky says:

    Sorry that should of been month not week lol

  235. THIS IS A GREAT IDEA WILL STAR
    MY SAVINGS NEXT MONDAY!

  236. Matt Lawrenc says:

    I love this idea! It will be a great way to raise funding for a few plans! I shall start it this week. I get paid every two weeks, so the more the better! :) Good luck to all!

  237. Dick says:

    I’m really surpriced that no one is paying banking transfer fees… Everyone must have their savings and checking accounts at the same bank. Or can transfer as many times as they want with a penality….

  238. Sandy Thomas says:

    What kind of bank/savings account do you use for this? The bank account I have wouldn’t give you interest until you have over a thousand dollars saved up. Plus fees every month for having the account open. Would be interested in doing this. would also give money to pay any taxes owed to government at end of the year or tax season without the interest and stress of coming up with the cash within the short time given.

  239. Nancy says:

    By the time you get to December, you would have to bank $202 which would be difficult around Christmas. I think it would be easier just to save $25 a week for 52 weeks. It would come out to almost the same amount and not as difficult as trying to save so much those last few months.

  240. Rachel says:

    My pay days are the last working day of the month, so I’m going to count weeks in between pay days and out that much in. Say this month I wait 3 weeks for my check, I will deposit $3 from week 3 and the next month might be 4 weeks before a paycheck so I would deposit $7 and so on. Does that make sense? I also love the backwards idea!

  241. Na Jincheol says:

    I get paid tomorrow and I’ll put away $1378. Yay, I’m done.

  242. Pingback: An Easy Way to Save Money in 2014 | Courting Insanity

  243. linton says:

    Do u have one for biweekly

  244. Melissa says:

    I have a direct deposit. When my DD comes through, I have $20 automatically put into savings. At the end of the year I will have saved over $1,000. But its not a fun idea. I really like the calendar idea. Almost like an advent calendar. You get to see your progress and that’s exciting. Kids can do it to with their allowances. Make it a game to see who can save the most….
    My kids saved changed all year. At the end of the year, we went to the bank. They were able to feed it into the machine and see what they had saved. They used their new found wealth at the arcades when we went on vacation.

  245. Eric says:

    People, this doesn’t work as well on reverse. People like to see money pile up not see money dwindle. Not as exciting when you add $1.

  246. Tonika Ayers says:

    I will definitely do this.

  247. Dawn Kindred says:

    I would like a copy of anyone’s bi-weekly plan :) email to drkindred70@hotmail.com Thanks!!!

  248. Yvanne says:

    I’d like a copy of the biweekly excell sheet too, please
    yvannou@yahoo.fr

  249. danny says:

    just started today and decided to double up.seems kind of fun/

  250. Robyn says:

    I just put my last installment into my savings account as I was putting the money in once a month sine last Jan. I am happy to say I have over 1400 saved and plan to continue into the next year!!!
    Thanks for the great idea and I like the backwards option too
    Cheers

  251. Lisa East says:

    Please email me a copy of this schedule

  252. Jared says:

    Or you could just do what normal people do and save 10% of all your income. More if you can afford it. It’s only been 4 months and I already have about $2000 saved. Hmm… Which plan is better? And no I don’t have a high income. I just spend my money wisely.

  253. Brad says:

    I would like the bi-weekly sheet please. firelt605@gmail.com

  254. Linda Tripp says:

    In January, start backwards, this way at Christmas time you are putting away smaller amounts. Makes it easier!

  255. NeenaM says:

    So excited about this challenge! Going to start 2014 in a positive way.

    • NeenaM says:

      I couldn’t wait till the New Year so I started this challenge bright and early this morning. I will not FAIL!! Good luck everyone and happy savings!

  256. Amy says:

    I am struggling to get by and really can’t afford the more expensive weeks. I want to save as I have small kids and want an emergency fund. How do you suggest I handle the more expensive weeks as I can realistically about $5-10 a week.

  257. Lourdes says:

    Starting today!

  258. Yolinda Cortez says:

    Great idea. Would do this with my family too so Christmas 2014 will be better!

  259. michelle says:

    This is a great idea! I’m going to do this and involve my children in this too. Great way to save for a car for themselves, or etc. I’m also super happy that my family and I dont celebrate the pegan holidays..It’s a trap (the goverment loves it) its a way to make money from you all. Everyone should keep the Holy Days instead of the holidays..Christmas, Halloween, Easter, Valentines Day, New years aren’t found in the bible..but the Holy days are mentioned in the bible and God teaches us how to keep them Holy.
    I’m blessed to be called to the truth. I remeber in the past I used to celebrate Xmas and etc..until I was called. I know how most of you feel when it comes down to xmas, the stress of not making enough money to by gifts for your family or to even buy a tree..its hard..and after xmas is over with, many of you are in credit card debt or late for your rent over this one day holiday. Think about it? Every day should be about giving and showing one another…just thought I would vent. Sorry if this offends anyone.

  260. Terah says:

    How about doing this backwards. Take the pain right out fast for those of us who have trouble throwing amounts like this weekly into the Pot? Would also getting gyou very committed very fast and you’d see the strain of amount lessening as you move toward your goal. Besides, if you wanted to keep adding going the other direction it would seem more likely to happen–you’ve already established the habit and you’ll know and feel the increase quicker. Just an idea.

  261. guess cruz says:

    I would like the biweekly..can u send it to acruz@concessi.com..thank u!

  262. Angie Cruz says:

    I would like the biweekly. .can u send it to acruz@concessi.com. thank u

  263. Robin says:

    I want to do it for 2 years straight so 104 weeks consistent it comes to 5,460 or if you can afford to double the amounts in a year :) thanks so much this is a wonderful idea

  264. Ratha Taylor says:

    This is going to be a great idea for me.

  265. Rhonda from GA says:

    I have already done automatic transfers for every week, I am excited. :)

  266. Diane Smith says:

    Starting this the first of the year.

  267. Womanizer says:

    I do this with women. The first week I sleep with one. Each week, I add one, and so on.

    In 2013, so far I only have three STDs and 18 children on the way.

  268. This is a great idea. I however am on disability so I only receive one check a month. Has anyone made a monthly chart? I find myself struggling when Christmas comes around. I have tried to start saving for next year but not on a real structured way. If anyone has made one for a monthly chart could you please forward it to me at this address? I would greatly appreciate it : b-attitudes@hotmail.com. Thanks

  269. Great idea. Start with little and work your way toward more. Love it!

  270. This would be such a blessing well needed! Thanks!

  271. Joni says:

    Couldn’t get the bi-weekly chart, would love,to see it. Thanks

  272. Jackie peck says:

    Does anyone have a biweekly chart or a pic of one. I would love to see it. Thank you.

  273. Terry says:

    This is a great idea and if you save your change also imagine how much more it would be.

  274. Alys says:

    Wonderful for children no matter the age. Budgeting is so important before collage. Showing the value of how the American dollar can work for you can be invaluable. Thank you, for such a simple idea.

  275. Nick says:

    Your math is a little off. From week 48 to week 49 the amount goes down not up. It should end up at $1477.00 not $1378.00.

  276. Rufus Wilkins says:

    I will start the first weeks of January.

  277. Dawn Conrad says:

    Cool idea! Can’t hurt!

  278. Mary says:

    I am 25 years old. 2 years ago, after working my first teaching job a few months, I put $1,000 in the stock market. I added to it slowly each month, eventually investing ~6k in mostly small and micro caps because I’m young and could handle the risk. (I also check it every day; reading all I can about news, charts, upcoming events etc). In just over 2 years, it’s grown to $28,000. I highly recommend stocks for young people- it’s a great way to beat inflation and start saving up for the big things like houses, cars. My first year, as a debt-free single, I did 10% bank; 90% market, now that I’m married, it’s 20% bank, 80% market. When I have kids or hit 30, will cut it down to 40%, 60%, give or take. Always use trailing stops, so that if it dips below 10% in a single day, a sale will trigger automatically- limiting the risk. Just my two cents.

  279. Mary says:

    [For anyone interested: I currently am on a 3D printing kick cause my biotech’s were trading sideways. My favorite so far has been SGLB because it’s high growth and incredibly predictable. From .03 to .26 in 6 months, with higher highs and higher lows with a clear, steady trend.]

  280. Hossein says:

    Wouldn’t be easier to print out the checklist and if you can even on the first week cross the $ 52. Some weeks we have unexpected expenses, therefore better to start with the highest if you can and if next week you can’t cross the $5 or $2 or $1.

  281. Kathleen Gill says:

    This is a great idea but for those of us who are retired and only get a monthly check this would be very hard to do; especially when the amounts get higher.

  282. Donna says:

    can some please post how you would do this bi weekly? thank you.

  283. Ruth Werchola says:

    It is December 6th, 2013. I am starting the 52 week challenge in January 2014. I will be starting it off backwards as I find it’s hard to come up with the larger amounts at Christmas. Wish me luck and perseverance. It will pay for my trip to Cuba next year.

  284. KevUK says:

    This would make more sense if it counted down as opposed to counting up. Week one should be $52 and week 52 $1. Guaranteed the savings will be greater by taking out the chunk first, it can always be made up later. If you save the way this chart indicates then you could find yourself struggling to save last minute.

  285. Common Sense says:

    This is the dumbest savings plan I have ever seen. You do realize that this requires that you save $200 in the last month, right? If people could afford to do that, they would probably already have a healthy amount in savings.
    Why not just save the same amount each week?
    $20 / week = $1049 / year
    $25 / week = $1300 / year
    $30 / week = $1560 / year

  286. Walt Metts says:

    Doing it backwards and doubling the deposits. !st deposit $104

  287. Mel says:

    I saw this for the 1st time last night and I have started already, started easy doing weeks 1 to 4, next week will do 52,and will eventually meet in the middle, looking forward to the challenge, thanx for posting

  288. Karen Richardson says:

    I definitely will be starting this on the Dec 19th, 2013. This is the first time I’ve seen this on FB. What a challenge. We, too, get paid every two weeks.

  289. Amanda Evans says:

    Im a little confused…where are yall putting the money???? In a savings account through the bank???? Can someone give me more details about this program I would love to do this

  290. Dan Miller says:

    I started this last January and have $1,176.00 (week 48). I set a recurring alarm on my iPhone to transfer money every Sunday. It has been easy to do. The chart has one error – week 50 should read $1,225.00 vice $1,125.00.

  291. Kathy Wright says:

    I love this idea. I usually do what I call sock money and have been very surprised at the end of the year with the amount we have saved.

  292. Nicholas baron says:

    This is a graet idea, however I was woundering if you get paid bi-weekly how would this work?

  293. Gen Warren says:

    I found that the reverse worked better for me. Started week one with $52 then $51 etc. It was amazing to deposit my last $1.00 and then see that I had over $1387 (my deposit plus accrued interest).

  294. Jesse Dalton says:

    this is a good idea….
    what i like to do is when i get my paycheck multiply it by .26 (26%) and then whatever that percentage is i put directly into a metal and wood box i build that is incredibly difficult to open (it makes it like a treasure chest when you finally open it.)
    also, any tips i get and all coins and spare bills in my pocket at the end of each day i put into this box too.
    lets just say its 10 dollars in tips a week and i get paid 400 every pay period…not much right? at the end of the year that will be $2976 (thats not counting any spare change i get or bills…plus we all make more than 420 a pay period. try it out :)
    stop eating out. learn to cook.
    i travel each year, next year is climbing mt denali in alaska, then italy, and ireland.
    all of it is paid for by my box method. :D good luck with whatever method you use!

  295. Heather Hopes-Mars says:

    You can achieve the same savings amount by putting away equal payments of $26.50 per week. May make it more simple especially around the end of the year holidays. Equals the same $1378

  296. sue says:

    i would like to have the biweekly chart this sound fun and benifical.Also makes one accoutable .I also am going to do this backwards thanks sue

  297. Tammy Jones says:

    I also started this Jan. 2013 and have just 3 weeks to go! It has been a nice, easy way to save. I am with the others who have already commented, this year I am going to do the reverse since I seem to have more to save earlier in the year than later. Week 1 will be $52 and week 52 will be $1. Good Luck to those who are giving it a go this year for the first time.

  298. well since i only get paid once a month this will be interesting but i’m going to try it also

  299. Felicia says:

    I love this idea is like doing a vacation club, but with less money . I will definitely do it ,keep track of it

  300. Linda DeCoite-Artis says:

    week 49 – there is an error in the addition…..should be $1,225.00

  301. Larrisa says:

    I’m loving this idea and the variations to fit each person’s personal situation…can you give me an idea as to how I can make this work since my husband gets paid semi-monthly? Not twice a week but only 2 times no matter what days…

  302. Dean says:

    I would love a copy of both the weekly and bi weekly chart this would be great for our church group

  303. Rachel says:

    This is a great idea but it’s missing one thing…an interest rate. Do this in a money market account and you’ll have a much larger amount in the end. Don’t do a savings account (which are usually below 1%) or a CD (that gets between 2-4%), but a bond fund or mutual fund (that can get 4-8%). If there is a minimum amount you have to contribute, then even better. Let’s say there’s a minimum of $25, then do $25+$1 for the first week. Don’t forget to max out your IRAs for the year too!

  304. Nadia Clifton says:

    Awesome…great concept. Its like cognitive behavioural therapy but just for money saving ideas. Suzy orman would be proud.

  305. Heather hopfner says:

    I’m going to do $50 a week!

  306. sarah says:

    i think this a great idea i am starting today i think this is a great way to save money i have 3 kids i gonna start one for them as well

  307. Ann Fical says:

    I am wondering if it would be possible to do this. I only have my once a month social security check, do you think there is a way for me to be able to do some type of thing to save money? I could so use a method to help me with that. Thanks hope to hear back from you! Ann

  308. patelane says:

    It would be easier to do week 1, week 52; then week 51, week 2, etc. Then it’s $53 every two weeks. Easier to budget, especially when you get paid every two weeks.

  309. ryqo says:

    Im going to use this as a chore incentive and to teach my girls about putting a little on the side every week. Thanks for the idea.

  310. Robert says:

    Or you can do your first week as 52 and second as 1 then week 51 and week 2.. that way, every paycheck (if your paid every 2 weeks) your putting 53 $ aside. Or if you want to double your savings (if money allows) set aside 2x that amount. 2756 = 1 year savings. Setting aside 53 a week instead of every 2 weeks

  311. Chuck Ufarley says:

    This is only a good idea if at the end of the year you use the savings to pay off the credit card you’ve been using to make up for the savings- since, ya know, most people have no idea how to save in the first place.

  312. ashley says:

    Great idea! Starting this week, so by next christmas I’ll be set! Might even double the low amnts so it adds up quicker

  313. Judi Thompson says:

    his is a great ideal! I’m going to do this!! Think I will do it backwards too , maybe not , but I am going to do this!

  314. Stephanie Goodman says:

    I would definitely like a copy of the bi-weekly calendar please! What a great idea!!

  315. Joseph Perez says:

    For those who plan on doing this, what is your plan to have an extra $100-$200/month towards the end to put away?

    • ashley says:

      i make the chart and around income tax time when i have the most money i put the highest in at that time and mark off the 52,51,50,49, week then. I also do one for my 10 year old she did 10cents a week ending with 137.8 she was excited. Made her a chart also like the one above and she marked off which she did with a highlighter which weeks and around her birthday in june she did her $5 ones that month.

    • Jennifer says:

      Did it last year. The slow build up motivated me. Saved way more than the chart indicates. Learned to be self disciplined.

  316. cat says:

    This is a great way to save.. esp. The first 30 weeks. My isssue is when you get to the latter weeks. Like 49 – 52… that month you need to save 200.00 bucks (at Christmas no less) for your savings account. Which is great in theory, but fot me, unattainable with family and clients to buy girfts for while still surviving. Just sayin.

  317. Gina says:

    Can someone please email me the one for people who get paid bi-weekly? Calinativegurl@gmail.com
    Thank you!

  318. Susan Davis says:

    Doesn’t do any of us any good if we don’t have a bank account. Looks good on paper though. I stay away from banks. I don’t trust them. I have a debit card through on online account. They don’t pay interest.

  319. martin says:

    I started this a few years back, only I but in twenty dollars
    a week. So u do the math:-D:-D

    • kendar_of_the_north says:

      20/week x 52 weeks =$1040
      This chart seems to do it where in the end you’ve saved $1378 by the end of it…. so I don’t know which side of the coin you’ve landed on but the slight increases seem to save you more money.. just a thought.

  320. Kuz says:

    My friend put numbers on Popsicle sticks and will draw each week. Kinda makes it more like a game and hopefully we won’t have all of the big numbers so close to Christmas next year.

  321. Raul Rodriguez says:

    Huh I started doing this since i started working. I do it monthly though; I deposit my pay cheque in the bank. Oh and i don’t blow it on booze or every little cool thing I see.

  322. Ridgeway says:

    Some months people bring in more because of over time or whatever. What I did is hung up the chart and if I was able to put $52 in because of overtime, I’d cross it off, the next time my budget might allow me to put in $28, then I would cross it off. On a tight month when there wasn’t much left over, that’s when I would do a $1 or $3 or $6 ot whatever and cross it off! As long as you have each week crossed off at the end of the year, that’s what counts. Going backwards is also an excellent way, you’ll accumulate more interest! Happy holidays, God bless!

  323. cathy lancsster says:

    Going to start this right after Christmas for the new year

  324. Tracy says:

    I really like the popsicle and crossing off ideas. Thanks for the input. I will start this in Jan of 2014. We get paid monthly so I would just pick 4 or 5 weeks worth at the beginning of each month.

  325. Carter says:

    This is a great challenge! I’m going to try it out with you in the new year, I’ll let you know how I fare.

  326. Dan says:

    So if I were to do this this 50 separate times over a year your trying to tell me I would make 66,000 $, to good to be true. Why wouldn’t everyone do this?

  327. saving says:

    Can you send me the bi-weekly spreadsheet too..

    kss18@mchsi.com

    thank you

  328. Sara says:

    Can I please get the biweekly version of this?

  329. Glenda Brockett says:

    Iam starting this the 1 st Monday n January what a great idea Ty :)

  330. Pam Kerns Coloton says:

    This is a great idea. Another idea I had lasy year. My husband and I started saving all our pocket change. Since we never had any coin we were always breaking bills on purchases. Had over $500.00 by Dec 1. That took care if christmas.

    • Alyssa says:

      Pocket change adds up! I save all ours and buy silver dollars with it at the end of the year and put them in stockings. We can’t afford to invest in gold, but at around $25-$30 for a one ounce silver coin, its easier.

  331. mary jo hildebrandt says:

    Im going to start december 31st im going to do it monthly and start with $ 20.00
    thanks for the great idea

  332. Maria says:

    Great idea, simple and affordable! :)

  333. Rebecca Barrett says:

    I’m actually going to start this with $50 for the first week, then $51 for the second week and so forth. I did the math and also counted for the 1% saving rate I have with my bank, by the end of the year, I will have $4200.54!

  334. Heidi bowser says:

    Please send me the bi weekly chart Thank you

  335. LAUREN says:

    Week 49 is wrong it should be 1225.

  336. moneca says:

    I am starting with the $52 on week 1 … :) … it will get easier as the year goes on PLUS interest will build quicker …

  337. dcsmitty76 says:

    STARTED MINE JUST NOW…ITS EASY TO DO BY INTERNET BANKING….LET U KNOW HOW IT GOES. MERRY CHRISTMAS EVERYONE

  338. Lavar says:

    Yeah I will definitely be starting Jan 1 14
    Then im gonna take my 1300 on a nice long over needed vay k!

  339. Justin M says:

    By the time week 49 50 51 52 come that will be 202 dollars in a month if you need a chart like this to save 1300 dollars you probably can’t afford 200 a month,

  340. Shelly says:

    Most poor people that need to save get paid every two weeks lol. Weekly pay checks would do me a greater deal in my pocket!!!!

  341. Great idea to try :) says:

    Worth a try for sure. :)

  342. Robert Small says:

    Worth giving it a try : )

  343. Aj says:

    Can someone please email me the one for people who get paid bi-weekly? My e-mail address is poohbear_loveyou@yahoo.com.
    Thank you!

  344. Francis Jackson says:

    The 52 week challenge is awesome. Did it this year and wish I learned of it sooner.
    Although I typically save in 4 different ways.
    The first is the 52 week challenge. Second, is putting $50 aside per week(u can save more using just this one alone unless u use larger increments in 52 week challenge)
    Third, is collecting whatever coins I can throughout the year. Whatever change I get from shopping and so forth. And last, since I work in an industry that involves getting tips, always put my $1 bills aside and let them accumulate throughout the year. (this one is a favorite of mine but is hard to do if one isn’t disciplined enough.
    Of course these are mere suggestions but effective. Especially if one wants to save up for vacations or maybe even retirement contributions.
    I did like some of the suggestions that people provided like starting backwards. I will try that this time around. And to add a little twist I will start off with$10 instead of $1.

  345. Darrell Cloutman says:

    I gave up smoking and I am putting the money I spent on smokes ($10 per day) away in a savings account so in one year I should have $3650. I guess its like getting a $3000 bonus from the govt as thats what they will lose out on taxes. $80 in the account already and next $40 will go in friday Wish me luck!

  346. Beneficiary says:

    Being on a benefit, I would really like to do this. From week 15 on, I will struggle but surely putting a little away is better than nothing at all.

  347. Kelly C says:

    Love the idea.. already started.. wish you had one monthly.. my mother is on a fixed income and I think this would be a great idea for her to save especially if she can she it written down like this

  348. Beau says:

    I’m going to start this,this year

  349. ty says:

    I would luke the bi weekly schedule as well.. Truth be told I get paid once a month. ..would anyone have that schedule? I wanna start jan 2014. ..tyromedavis@yahoo.com mrtyromedavis@gmail.com

  350. Kylie Purdie says:

    Great idea. I’m modifying it slightly – starting at $26 and going up to $52 for the first half of the year and then back down ($52 – $26) – will give me just over $2000 at the end – a nice dent in the Christmas budget. Am also going to put it on a Load and Go card so won’t have to try and keep track of it in my normal savings account.

  351. Penny says:

    I live paycheck to paycheck, getting paid every two weeks…..I don’t even make enough to pay all the monthly bills… so trying to save anything is impossible. This sounds like a great plan…but how is one suppose to save if you have nothing left out of a paycheck to save…..???

  352. Justin says:

    Get a separate online bank or savings account you cant access easily and set up an auto transfer for $26 a week. something like capital one 360 (old ING) or a number of others. some have decent interest but most are really low. You will achieve the same results and not have to think about it.

  353. Phil H says:

    Typo on week 49 ;] should be 1,225

  354. Celia says:

    I feel like I would rather save approx $28.70 a week (115$ a month) then suddenly needing to save 400$ in a month. Is that just me?

  355. Eric says:

    Week 1 starts now :D This is awsome!

  356. james carmichael says:

    I really wonder who is actually going to save this and not touch any of it? I will be back in 365 day to actually find out who has done this.

  357. Yvonne Harbison says:

    Could you send me the bi-weekly chart please

  358. Alyssa says:

    Actually, after looking at it again, I’m going to have my four year old do this only with change. Would be a good way to have him earn a little money with chores and buy something at the end of the year or maybe in January. Great saving idea!

  359. Jackie Foisy says:

    Someone, please send me the one for bi- weekly as well!! thanks

  360. Michael says:

    I would love to get that bi-weekly chart also….Thank You

  361. jenn says:

    Week 49 has the wrong total

  362. Randi Lacey says:

    I worked out a bi-weekly paycheck schedule that still works with this savings challenge: you save $57.50 out of each paycheck into your savings. If you get paid every two weeks throughout the year, this amounts to a steady savings of $115.00 per month. At the end of the year, you have met the challenge amount, plus one extra dollar: $1,380.00! It’s reasonable, consistent, and it still gets you to your goal!

  363. tallineb says:

    Could you possibly send me the bi~ weekly chart.
    Thank you so much
    I can’t wait to start!

  364. rossignol7 says:

    Does anyone hsve the breakdown for this byweekly

  365. Tim Abernathy says:

    I have done this twice, and going to Mexico in February, I also found that if you put the higher amounts in when you have it, it makes it easier on those short weeks.

  366. Patricia says:

    I think I will start it backwards and start with the larger amounts at the first of the year due to holidays being more expensive at the end of the year. Might even wind up with more as I think I will be more motivated as the amount climbs faster in the beginning.

  367. Helen says:

    Paycheck is automatically deposited to my bank account so I have an auto transfer to my saving account every two weeks. Best way for me to save money. Then I pay the bills.

  368. Pingback: 52-Week Money Challenge! | School of Investing, LLC

  369. Mickey says:

    That’s great…!! :)
    Here’s an addendum to the article…
    1) Do it backwards… start with the $52…
    2) Put it in an interest-bearing account… @5% and Voila!! DOUBLE your returns!

    The magic of compound interest.

    School of Investing, LLC

  370. Bojan says:

    But this amount of money is just your deposits, with no interest. Is this a saving account and, if it is, what is your interest rate? All these numbers add up to 1,378, but if you had a 2% interest rate, that would have added some extra money. Also, if you plan on doing this with interest rate, try also to reverse the order–start off with $52 because it will yield more interest over the course of 12 months.

  371. Stephen T. Burnett says:

    I would like to know at what interest rate you are basing this on?

  372. karen says:

    I am going to put my dollars in a shoebox under the bed!

  373. Money laundry says:

    Or save $100 every month.

  374. Sheila says:

    How do you do this if you are on disability and get one check a month is there a monthly one.

  375. Dani says:

    I think I’m going to do another variation to make the monthly impact easier. I’m going to do week 52, then week 1. Then I will continue up and down the chart. I think it will be that much easier!

  376. mira says:

    Please email me the bi weekly save excel chart. Thank you and Merry Christmas.

  377. Alaxi says:

    very exciting
    I too am starting & am very hopeful I can save a little this year, It helps I have a new position starting Jan 28, so This year I am optimistic I will make more $; & at my 2013 anything over 23K is a step up. :) :(
    Love the idea, insight, inspiration & comments of helpful tips TY

  378. Jorge Saenz says:

    I am doing this challenge but instaed of $1,$2,$3…I amd doing it with $2,$4,$6….This week I am going to deposit $10.

  379. Sarah says:

    Wanting the bi weekly

  380. joyce says:

    wouldu please entthe bi weekly schedule t my eil.thnk u

  381. Jessica says:

    I am going to start this in a week, and there is also one for kids. I am having my kids to try it. And I said at the end of the year, you can get yourself a pretty nice gift.

  382. Mary says:

    I get paid twice a month, how could I do it that way? Any ideas?

  383. Shawn W says:

    If you start at week 27 and work your way up to 52 and 1 – 26. You will find that it puts the largest amount in the middle of the year making things easier before or after the holidays. So do the right side first them the left.