|These are the 2 options one can choose from|
Wednesday, 16 January 2013
52 week Money Saving Challenge
I must admit, I don't spend my money as I wisely as I can. I'm also not saving as much as I should. Recently I saw a 52 week money saving challenge in a number of blogs, and decide to take it on. It is not easy but I'm willing to take it on. Basically you put away money each week, then keep adding more each week. For example, 1st week you put away R7, then the following add R14, then R21 and so on. I was supposed to have started it on the first week of January but I've only found bout the challenge this week. Now this week being the third one of the month I've started with R42.00 to catch up. However, as the money increases at the later stage of the challenge it will be much easier for me to put away the money on a monthly basis. I know this sounds a little complicated, but the table below from namina.co.za will simplify it. I hope you find this post helpful. Please share your opinion on money saving.