Hey, it's 2017! This fresh, fantastic Year just started and New Year Resolutions start to fade away faster than we had those shots last Saturday! If you looking for a super simple and helpful habit to start in less than 5 minutes and which will definitely reward you by the end of the year look no further, get from 1$ (or whatever currency) to 1378$ by the end of 2017.
Refocusing this year I start with something more like a necessity: Money. As in my earlier years I always tried to avoid the thought of it, well almost demonising it, I am realising that money is just another exchange currency which allows a freer and more independent life. So saving up some extra pennies always comes in handy and everybody can relate to that!
As the first week of the new year comes already to an end, I wanted to suggest an easy but very effective way to just kick in one more goal/habit which can start right now and which way PAY OFF (literally) by the end of the year!
Save almost 1500 without any hustle
Originally this method became quite popular a few years ago through social media and it got pretty viral.
Start today by saving 1$
I prefer using an extra saving account which I just set up with my bank in less than 5 minutes, other people might like to buy a cute piggybank and slide in the coins and the greens every week (that’s totally up to the personal preference).
How it works
Every week you put away a certain amount of money. In the first week, it's 1$, the second week 2$, the third 3$ and so on… In the 52nd week, you finally make your last saving of 52$ and through the year you have accumulated a cushion of 1378$.
Will it work for me?
It is my first time to try it by I am quite confident, as the payment will be made direct every week on my Saving accounts, which I created especially for this challenge. 1378$ might sound like peanuts to some people and like a huge sum to others but looking at the simplicity of this saving scheme and the reward in the end I will definitely give it a try.
Copy this free schedule to track your savings with an ease.
P.S. You could also mix the weeks up, for example, if you put away a larger sum during the beginning you can switch to keep it more balanced and the challenge a little bit more light (as December will be the hardest month for savings)
Let me know what you think about the idea, will you try it and earn the fruits in December? 1378$ could be a nice vacation, a new media gadget or a start for your emergency savings.