Welcome to the Balanced FI Podcast, episode 42 - How to Make the 52 Week Savings Challenge Work for You
The 52 Week Savings Challenge is a simple method for saving a large amount. Making smaller deposits each week will help you reach your savings goal amount by the end of the year-long challenge period.
Print out one of the trackers included in this article for monitoring your savings progress. You don’t have to start your challenge at the beginning of the year, but the $1000 and $5000 Savings trackers are set up to accumulate those amounts before Christmas.
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RESOURCES:
Read: The Financial Security Steps: Welcome!
Read: Financial Security Step 2a: Save a Mini Emergency Fund
Read: Financial Security Step 2b: Begin Saving for Retirement
Read: Financial Security Step 6: Create a Budget
Read: Financial Security Step 3: Save for Recurring Expenses
Read: Financial Security Step 7: Pay off Debt
Read: Financial Security Step 8: Save an Emergency Fund
Read: Financial Security Step 9: Increase Retirement Contributions
Read: Financial Security Step 10: Choose Your Next Financial Goal
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