Happy 2014! Happy Savings!
While I am not one for New Year's Resolutions, I saw something on my
Facebook newsfeed that a friend liked that caught my eye. It was a
savings plan for the new year. It requires you put put away money every
week that correlated to the week of the year it is. So, the first week
of the year you only put aside $1. In the last week of the year, you put
away $52. Over the course of the year, if you save every week and
follow this consecutive pattern, you will save $1,378! Luckily, this
year we have 53 weeks (December 31st is the extra day!). That means if I
follow through, I will save $1,431!
I think I might double this
every week because I feel like it will make me more disciplined with my
savings. I haven't been putting much money away and tend to splurge when
I save a lot of money. In the long run, I hope I can save up for
something big such as nicer Christmas presents, relaxing vacation or
small budget for new furniture when Brandon and I get a new home.