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Thread: Just found a great saving tip that I want to share

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    Veteran Member naughtycamgirl's Avatar
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    Default Just found a great saving tip that I want to share

    Just found a great saving tip that I want to share, it is called 52 weeks money saving challenge,
    basically you save 1$/€ (in your currency) in weeks 1, 2 $/€ in week 2, 3 $/€ in week 3 ect.
    in week 20 you have 210 $/€ / week, week 40 (820$/€)
    I think it is a great way to save some money
    http://www.youtube.com/watch?v=DWUFPlBmPDQ
    Last edited by naughtycamgirl; 01-06-2013 at 03:51 PM. Reason: ...


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    God/dess BlkSharpie's Avatar
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    Default Re: Just found a great saving tip that I want to share

    This...sounds awesome. I think too I could tailor it to what I do, esp since I have a goal to *really* step it up this year with touring and dates, instead of $1, start with $10 and go week by week with that. And I like her idea too to set a max limit and then just put that amt week after week... So I could set my max limit to the equivalent of one date, so once I hit $300 at week 30, to put $300 /wk after that.

    And it would motivate me to keep earning more, get the momentum going to build my biz so that I can put that money away.

    This would kill two birds with one stone...a savings plan, plus also to *FINALLY* hit the $10k challenge, since at the end of the year if I follow this, I should have $10,950.

    Im starting this *RIGHT NOW!!!!* $10 aint so bad =D

    Thanks for sharing this!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Don't blink. Don't even blink. Blink and you're dead. Don't turn your back. Don't look away. And don't blink!

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    Banned Melonie's Avatar
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    Default Re: Just found a great saving tip that I want to share

    ^^^ psychologically, this is a very good way to establish the 'habit' of saving money. However, from a purely financial standpoint, you'd be money ahead by establishing the weekly max limit for savings and then starting to save that amount immediately !!!

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    God/dess BlkSharpie's Avatar
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    Default Re: Just found a great saving tip that I want to share

    Yeah, only problem is I dont have that kind of money right now

    Thats kind of what appeals to me about this though, I want to build my biz, and this is a great incentive to hold myself accountable to do that, since every week my savings amount will go up, I have to make sure my earnings go up too.

    Like, already in the past, I always set a goal of like $200/mth or 10% into savings, and *always* fail miserably...I get overwhelmed with trying to come up with the amount and doing without it that I havnt been able to save a dime. But like..$10 is nothing to put away...next week $20 is nothing to put away...and hopefully by taking these baby steps, as I earn more it'll get to the point where one date a week into savings is nothing to put away. Thats the goal!!!!

    Hoping that this works out for me...if it does then this would be a great *year 1 savings* and then next year, maybe instead of one dates worth, two dates worth a week, and that would be $31,200. I mean, it feels crazy seeing how I cant even save more than $0 LoL but think it would be doable if I really focus on making money and keeping the momentum going. Even though I dont get that many dates right now, most of them are multi-hours...so if I get things going and keep getting multi's putting 2hrs worth a week into savings shouldnt be *too* hard. In theory!!!!
    Don't blink. Don't even blink. Blink and you're dead. Don't turn your back. Don't look away. And don't blink!

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    Featured Member Vamp's Avatar
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    Default Re: Just found a great saving tip that I want to share

    My brother did something like this to get into the habit of saving too.

    But he did it daily starting with 10cents then the next day doubling it so he had 20cents then double that to 40cents etc

    It really helped him to think of a savings amount and stick to it. A new respect for coins because they add up.

    But i think there is a law of attraction quality to it as well.
    Nature knows no indecencies; man invents them. ~ Mark Twain


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