52 Week Money Saving Challenge

The idea of having $1,378.00 in extra money this time next year is pretty exciting, especially when you see how easy it can be.  Saving a little each week will really add up in 2014.  It is called the 52 Week Money Challenge.  It starts with a just a dollar and grows from there.

The idea is to deposit the same number of dollars as the week of the year.  As you can see from the chart below, in week one you would deposit one dollar, in week two you would deposit two dollars, week three deposit three dollars, etc.  Towards the end of the year the amount of the deposit grows a bit but when you see the account balance growing as well, it makes it seem easier to do.

I think I am going to try this.  I like that you ease into it with a dollar and then a little more each week.  Worth a try.  Oh, can I borrow a dollar?