Quantcast
logo
Food Advertising by

52 Week Money Challenge for You

January 6, 2015 By · 6 Comments

This post has been updated to give you more tips. There are affiliate links, if you click on the links you might earn me a few cents.

52 Week Money Challenge
By now you’ve probably seen the 52-week money challenge on either Facebook, Pinterest, Twitter, Google+ or a blog. I tend to save money fairly easy and now that the kids and I are experimenting with Crockpot meals and other home meals at home we are saving more than before. Yes, I am a penny pincher, but I still need to figure out how to best use coupons so you can bet I’ll be looking more into that this year too to save even more money. If you got a tip on coupons or some other cheaper way of doing something at home instead of buying it in the store, let me know in the comments below.

TIP: Use the Savings Catcher at Walmart. Every time you get home you just put in your TC# and if it finds another store with a cheaper price it’ll give you back the cents/dollars and it all adds up. I plan on saving mine up until Christmas. It may start off small but it grows, especially when all your doing it adding it after every time you shop. I thought it would never grow because I already by the cheaper items but it does!

Getting an Emergency Fund
Dave Ramsey tends to state, as well as many other financial advisors that the best thing for anyone to have, not just families is a $1000 emergency fund. I’m like most Americans and do not have one, so this is one of my first goals. I want an emergency fund but I also want to be able to save up money for other items I am in need of here, plus fun things to do.

How does one save up when they really never have? You do it with a bunch of others doing the same thing so  you can see others doing it right along with you. You pick up how they are doing it, what method they are using, how to coupon better, etc. You learn and grow together, sometimes couples will do it together, other times seeing another person such as a friend doing it, have a family member do it with you and see who will be there in the end race. Make saving fun!

You may want to read some of his books too: (affiliate links below)

[Read more…]

Filed Under: Saving Money Tagged With: ,

A Kid’s 52 Week Money Challenge

January 5, 2015 By · 23 Comments

Many bloggers around the world are jumping into the 52 week money challenge, however some are asking how to get their children involved in this but a smaller amount. I wondered about the same thing and saw a few references for ideas for kids to do it so I’ve jotted only a few down. Let me know if your child would do this and how much you think they’ll save in 2016…or what they want to save so they can buy later on.52 week money challenge for kids

Penny for the Day

Similar to the dollar per day for the adults but instead they put a penny for the day of the month it is. January 1st they would put 1 penny in, on January 17th they put 17 pennies in and so forth. Each month starts new and by the end they should have roughly $55. (I did not sit down and do each day but it will equal out to being very close)

A Dollar a Week

Have your child put only a dollar in the jar for every week that passes and by the end of the year they will have $52 saved up. This method may be done with a nickel, dime or a quarter a week, each week though you put that many in it.

If you they are on week 23 they should place 23 quarters in the jar, week 2 would only be 2 quarters and by the end of the year they would have $13 in the jar. With dimes they would have $5.20 at the end of the year, with a nickel challenge they’d end up with $2.65, with a penny a week they get 0.52 at the end of the year.
[Read more…]

Filed Under: Saving Money Tagged With: , ,

Copyright © 2012 The Life of a Home Mom ~ All Rights Reserved