This is about as simple of a savings challenge as it gets. You only have to save $10 per week. The amounts don't change, the days don't change. It is easy to remember and if you can afford it, easy to stick to.
It’s also a great thing to start with children because you can do it with just dollars, pennies or even just change every now and then.
So, how does this $10 Savings Challenge work?
It is pretty simple. You print out the download above, save it in your phone or just set a weekly reminder in your calendar or auto draft from your bank account. Then you put $10 per week into a jar, or a savings account.
$10 per week, it is that simple.
- Week 1: $10
- Week 2: $10
- Week 3: $10
...and so on.
At the end of the year, you will save $520!!!
If your budget is super tight, try only adding $5 per week. Of course your amount saved overall will be smaller, but it is a start.
As always, the hard part is not dipping into the fund.
A quick tip: write down what you are saving for to help you stick to this plan.