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Thread: 52 Week Money Challenge
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01-03-2013, 08:27 PM #1Registered User
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52 Week Money Challenge
When I saw this I thought some villagers would like to copy this idea.
52 Money Week Challenge.jpgIf you will live like no one else, later you can live like no one else.
April No-Spend Challenge: /8
12 (), 13 (), 14 (), 15 (), 16 (), 17 (), 18 (), 19 (), 20 (), 21 (), 22 (), 23 (), 24 (), 25 (), 26 (), 27 (), 28 (), 29 (), 30 ()
The Truly, Necessary Spending Challenge ~ What did you spend your money on today ~
2013 Lose-A-Pound-A-Week Challenge
I have 3.6 lbs to lose (as of May 4th, 2013) to get to my goal weight of 126 lbs!
Personal
Pay off my Mortgage
$89,461.39 (as of May 18th, 2013 - 8 years, 8 months left)/$94,506.12 (as of Dec. 21st, 2012 - 9 years, 2 months left)/$108,631.38 (as of Dec. 3rd, 2011 - 12 years, 7 months left)
Pay off my Line of Credit
$20,107.24 (as of May 18th, 2013)/$16,907.76 (as of October 17th, 2012)
Winning at money is 80% behaviour and 20% head knowledge....Hey, if it were easy, every moron walking would be wealthy.
~Dave Ramsey
- 01-03-2013, 08:41 PM #2Registered User
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Love this... I may try it.
If You Find Yourself Dancing In The Rain
You Have Been Blessed
01-03-2013, 08:57 PM #3Registered User
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I like that. Will try that - don't know how far the money will go.
01-03-2013, 09:46 PM #4Registered User
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Easy as pie! I'll try that. starting this week
Baby step 1: done
Baby step 2: CC debt $9,200 as of 5/2013
Baby step 3: ________ (6 months savings)
Baby step 4: ________ (15% into retirement)
Baby step 5: n/a
Baby Step 6: Mortgage $154,000 as of 4/2013
Baby Step 7: _________ (wealth)
52 Week Challenge ($235)
Groc Challenge (Jan $165/$50) (Feb $149/$100)(Mar $139/$120)(Apr $125/$120)(May$42/$140)
To-Do Challenge
2013 Twenty Wishes
No-Spend Challenge (Jan 22/20) (Feb 23/25) (Mar 25/27)(Apr17/25)(May5/17)
2013 Change Jar Challege
2013 Lose A Pound A Week Challenge (-13#)
01-04-2013, 08:34 AM #5
Interesting concept. Thanks for sharing.
01-04-2013, 09:01 AM #6Registered User
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I have done something like this for years.I set an amount that I want for Christmas and then divide it by 365,and put the amount away every day.It runs from Nov-Nov,so I have the money for Dec. I never worry about Christmas because the money is there.
01-04-2013, 09:03 AM #7Registered User
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I think for the first 10 weeks, I'll transfer $10. $1, $2, $3 seem like too little. That'll just give me more in the end so to speak. I did my first transfer to my savings account today for this week. Yay! Can't wait to have a cushy amount of money set aside.
If you will live like no one else, later you can live like no one else.
April No-Spend Challenge: /8
12 (), 13 (), 14 (), 15 (), 16 (), 17 (), 18 (), 19 (), 20 (), 21 (), 22 (), 23 (), 24 (), 25 (), 26 (), 27 (), 28 (), 29 (), 30 ()
The Truly, Necessary Spending Challenge ~ What did you spend your money on today ~
2013 Lose-A-Pound-A-Week Challenge
I have 3.6 lbs to lose (as of May 4th, 2013) to get to my goal weight of 126 lbs!
Personal
Pay off my Mortgage
$89,461.39 (as of May 18th, 2013 - 8 years, 8 months left)/$94,506.12 (as of Dec. 21st, 2012 - 9 years, 2 months left)/$108,631.38 (as of Dec. 3rd, 2011 - 12 years, 7 months left)
Pay off my Line of Credit
$20,107.24 (as of May 18th, 2013)/$16,907.76 (as of October 17th, 2012)
Winning at money is 80% behaviour and 20% head knowledge....Hey, if it were easy, every moron walking would be wealthy.
~Dave Ramsey
01-04-2013, 10:12 PM #8Registered User
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I love this idea. Will start today and add week one to a jar! Thanks QM!
Dh Bob
FIL 
DS (23) at Lakehead U - go Thunderwolves!
www.ouroldhomestead.blogspot.com
May No Spend Days - 20 / 25
No Eat Out - 139 /365
11/12/13 Challenge - savings - $3,750 /$10,000
Reading Challenge - 7 /15
52 Week Saving Challenge - will remove as I add them to the envelope - W3-$3, W4-$4, W5-$5, W6-$6, W7-$7, W8-$8, W9-$9, W10-$10, W12-$12, W13-$13, W14-$14, W15-$15, W16-$16, W17-$17, W19-$19, W24-$24, W25-$25, W26-$26, W27-$27, W28-$28, W29-$29, W30-$30, W33-$33, W34-$34, W36-$36, W37-$37, W38-$38, W39-$39, W42-$42, W43-$43, W46-$46
01-05-2013, 03:45 PM #9Registered User
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I seen this elsewhere on the net and printed it off. We are definitely going to do it. I'm going to see if dd wants to do it and I plan on taking it to our church to see if others are willing to give it a try. It's a great way to save.
01-05-2013, 04:57 PM #10Moderator
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I think this would be great to start in October or November, though I'm not against saving anytime of the year.
This would give me the final payoff just before the holiday seasons and I can go bigger on Thanksgiving. It also then lets the smaller increments (weeks 1-8) be saved during November and December.The Free Spirit Saver who walks the path with Greebo.
Onboard with a modified Dave Ramsey Plan
Budget: "Every month! On paper, on purpose!"
Gardening somewhere between Zone 6b and 7a.
01-05-2013, 05:03 PM #11Registered User
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Going to start this on payday!
Living Single and Loving it!
EmilyD
EF: $300.00/$1000.00
House repair fund: $0.00
Car repair fund: $50.00
Tags Fund: $0.00.00/$100.00 (Aug)
Change jar challenge 3/28/2013 $0.00
Dentist bill: $120.00/$523.00
01-06-2013, 08:22 PM #12Registered User
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I love this idea!
Every little bit helps on the road to financial freedom!
January Goals:
Only $300 for groceries this month - $145.38/$300
$300 into savings
No wasted food!
Track spending DAILY
Get checkbook balanced
Make 2 Christmas/On-hand gifts - 0/2
Make $75 in extra money - $60/$75
Read 3 books - 7/3
25 No Spend Days - 8/25
Change Jar Challenge: $1.23
01-06-2013, 09:20 PM #13Super Moderator
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I'm doing this and challenged my Facebook friends. I also made an Excel spreadsheet to help track my progress and total should I decide to put more or less in any given week. I'm starting backwards though with $52 being my first deposit.
Russ
63 more house payments.
01-06-2013, 09:28 PM #14Moderator
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That's a great idea, Russ.
The Free Spirit Saver who walks the path with Greebo.
Onboard with a modified Dave Ramsey Plan
Budget: "Every month! On paper, on purpose!"
Gardening somewhere between Zone 6b and 7a.
01-06-2013, 09:33 PM #15Registered User
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I'm in..... love this!!!
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