The holidays have come and gone, the Christmas lights have been packed away, and you’re broke from all the holiday spending. The first round of bills has you scrambling to come up with a few dollars just to keep the heat on, so where did you go wrong?
Americans have always lived beyond their means, but the holiday season forces families to spend money they simply do not have. Maybe you were traveling to visit relatives, or perhaps you just wanted to get your kids something nice for Christmas. Bottom line: You probably didn’t save enough money last year.
Introducing the 52 Week $avings Challenge
The 52 Week $avings Challenge is a 52 week program that can net you over $1,200! It’s simple! Set up a savings account at your local credit union and make small, weekly deposits that correspond with the week. For example, you deposit $1 at the beginning of the program. Week 2 – $2, week 3 – $3, etc.
You could also go backwards to make deposits a little easier towards the end of the 52 weeks. In that case, you deposit $52 the 1st week. Week 2 – $51, week 3 – $50, etc. Just do whatever works best for you, because the end result is the same. If you make the appropriate, weekly deposits you will have saved $1,378.00 by this time next year!
Imagine how much easier the holidays will be if you have over $1000 saved by Black Friday! Share your progress with us on Facebook and Twitter! Tough challenges are always a little easier when you have support, so encourage friends and family to join you on your quest for cash!
It’s never too late! Want to have this money by Christmas? You can catch up instantly by depositing $21 into your Century Club Account!