We are just getting into the fall season now. It is almost Halloween...which means it's almost Thanksgiving...then Christmas. This means Christmas shopping, which can get really expensive.
So, if you want to get an early start on your holiday or Christmas shopping, this is a great option for you.
So far on your journey towards financial freedom, we have given you multiple savings challenges: 30-Day Challenge, 52-Week Challenge, $5000 Savings Challenge. For a 30-Day Challenge or doubling it to 60 days you can save almost $1000 in 60 days. This easy to understand savings challenge is a great kick off to holiday savings.
Keep Reading For More Details On The Challenge
30 Day Money Challenge
The 30-Day Money Challenge starts with you saving $1 on Day 1, $2 on Day 2, $3 on Day 3 and, finally, $30 on the 30th or last day of the month. If you stick to this dollars only a day, you will have almost $465 in one month. If you do it for 60 days straight you save $930!
Setup automatic bank transfers from your checking account into your savings account. You simply setup daily transfers for each day of the year. Most banks offer mobile apps, or online banking, with the ability to easily setup automatic transfers with no fees.
You setup dollar amounts ranging from $1 to $30 for each day, and at the end of the first month you will have $465 in your savings account!
To have a successful savings challenge don't touch or spend it. Of course you can use it on your holiday spending if that is what you are saving for.