Affluent Savvy
Affluent Savvy
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The 52-week money challenge is a savings plan that has you set aside money a week at a time, increasing the amount saved by $1 every week. Making a habit out of saving money is key for building a cash reserve that can cover you in an emergency and for achieving future financial goals.
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
Learn More »The 52-week money challenge is a savings plan that has you set aside money a week at a time, increasing the amount saved by $1 every week. Making a habit out of saving money is key for building a cash reserve that can cover you in an emergency and for achieving future financial goals. Finding the money to save can be tricky, however, especially if money's tight. Completing the money challenge will leave you with $1,378 in your savings account—plus the confidence that will help you keep hitting your money goals. What Is the 52-Week Money Challenge? The 52-week money challenge is a fun and effective way to stash money away to start or bolster your savings. The most common way to complete the challenge is to start by saving just $1 in week one and increasing what you save by $1 each week, saving $2 in week two and $3 in week three, all the way up to $52 in week 52. By starting small and gradually increasing what you save, you'll make great strides and save a total of $1,378 in a year. Challenging yourself to save more is an excellent money resolution to start any time of year. Many opt to start the 52-week savings challenge at the start of the new year or the beginning of the month, but you can begin whenever you like by following the weekly schedule below: Complete the 52-Week Money Challenge Week Deposit Total Balance Week 1 $1 $1 Week 2 $2 $3 Week 3 $3 $6 Week 4 $4 $10 Week 5 $5 $15 Week 6 $6 $21 Week 7 $7 $28 Week 8 $8 $36 Week 9 $9 $45 Week 10 $10 $55 Week 11 $11 $66 Week 12 $12 $78 Week 13 $13 $91 Week 14 $14 $105 Week 15 $15 $120 Week 16 $16 $136 Week 17 $17 $153 Week 18 $18 $171 Week 19 $19 $190 Week 20 $20 $210 Week 21 $21 $231 Week 22 $22 $253 Week 23 $23 $276 Week 24 $24 $300 Week 25 $25 $325 Week 26 $26 $351 Week 27 $27 $378 Week 28 $28 $406 Week 29 $29 $435 Week 30 $30 $465 Week 31 $31 $496 Week 32 $32 $528 Week 33 $33 $561 Week 34 $34 $595 Week 35 $35 $630 Week 36 $36 $666 Week 37 $37 $703 Week 38 $38 $741 Week 39 $39 $780 Week 40 $40 $820 Week 41 $41 $861 Week 42 $42 $903 Week 43 $43 $946 Week 44 $44 $990 Week 45 $45 $1,035 Week 46 $46 $1,081 Week 47 $47 $1,128 Week 48 $48 $1,176 Week 49 $49 $1,225 Week 50 $50 $1,275 Week 51 $51 $1,326 Week 52 $52 $1,378 Benefits of the 52-Week Money Challenge The 52-week money challenge will help you save more than $1,000—a clear financial benefit, especially if you're struggling to find the funds to save. On top of more money, there are a number of other benefits to completing the 52-week money challenge: An increase in financial confidence: Completing this money challenge can help you shake up your attitude about saving and allow you to see first-hand how habitually saving at least a little each week can help you meet a savings goal. Once you finish the challenge, you can channel your momentum to complete another money challenge or start automatically saving a portion of each paycheck.
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Learn More »Completing this money challenge can help you shake up your attitude about saving and allow you to see first-hand how habitually saving at least a little each week can help you meet a savings goal. Once you finish the challenge, you can channel your momentum to complete another money challenge or start automatically saving a portion of each paycheck. Practice with budgeting: If you aren't used to working your expenses around savings each week, it may take a bit of learning to adjust your spending to meet your goals. Learning to budget your money to prioritize saving first is a lifelong financial skill that's key for achieving major financial goals, such as saving for a down payment on a home and achieving financial freedom in retirement. If you aren't used to working your expenses around savings each week, it may take a bit of learning to adjust your spending to meet your goals. Learning to budget your money to prioritize saving first is a lifelong financial skill that's key for achieving major financial goals, such as saving for a down payment on a home and achieving financial freedom in retirement. Customize it: You can tweak the challenge to meet your needs. For example, you may up the ante by increasing your saving amount by $5 per week, rather than $1. Or, if you're nervous that changing your deposits each week is a lot to keep track of, you can fully automate the challenge by saving $26.50 each week for a year. You'll still end up with $1,378 in the bank. You can tweak the challenge to meet your needs. For example, you may up the ante by increasing your saving amount by $5 per week, rather than $1. Or, if you're nervous that changing your deposits each week is a lot to keep track of, you can fully automate the challenge by saving $26.50 each week for a year. You'll still end up with $1,378 in the bank. Buddy up for accountability: You can do the 52-week challenge alone, but challenging a friend or joining a group to save alongside you can make the challenge more fun. Plus, you'll be less tempted to bail if you've committed to saving with a team.
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