January 2, 2014
Happy New Year Glasses
Yup! That’s me… 🙂

Are you ready to have your best year yet? For YOU I’m claiming:

– More savings

– Less debt

– Increased income

– Higher credit score

– Balanced budget

– A RICHER life

Let’s get started with saving with the 52 Week Money Challenge, but 1st… Here’s ANOTHER awesome challenge! The Live Richer Challenge.

What’s the LIVE RICHER Challenge? It’s a free resource I’ve created to help 10,000 women learn how to budget, save, get out of debt, fix credit, invest and update insurance. With the LRC,  I’ll teach you how to gain control of your finances in 36 days!

live richer challenge

It’s free…It’s easy…. It’s guaranteed to change your life. What are you waiting for? Learn more & sign-up here, NOW: www.livericherchallenge.com

Back to the 52-Week Money Challenge….

Many of you may have been introduced to the 52 Week Money Challenge last year: (see chart below)

52 Week Money Challenge Chart

If you took the challenge in before, congratulations! If you didn’t,  now is the time to start.

The Challenge works like this, each week you deposit the number of that week of the year into a savings account. During the first week of the New Year, you would deposit $1; the second week, $2 etc, etc. By the end of the year, you will have saved almost $1,400!! Pretty cool huh?

Here are 2 ways to make the challenge even better:

Way #1: Automate

How to automate the 52 Week Money Challenge Chart:

1) Open up a FREE, NO FEE, Savings Account. I suggest using an online account, so you won’t have easy access to your money. Online accounts typically take 2-5 business days to withdraw funds. This will discourage impulse spending. Use MagnifyMoney.com to help you choose the best bank for you. I currently use Ally Bank. They have free, no-fee savings accounts that take less than 7 minutes to open online!

2) Set up automated transfers (on the same day each week) from your regular bank, to your new, online Savings Account. Most banks have an online calendar where you can schedule transfers (when and how much). I encourage you to set up the transfers in bulk, a month/4 at a time, or do the whole year. The scheduling should take a matter of minutes and this service is FREE! You don’t have to do the transfers manually each week, unless you think you may not have the funds available in your regular bank account and want to avoid over-drafting.

3) Make sure that you have the money available in your regular bank account each week.

4) Sit back and watch your money AUTOMATICALLY grow and grow and grow!

Automation is the new discipline. 🙂

Way #2: Reverse It

As you well know, most people don’t stick to New Year’s Resolutions. The reason being is that as the year wears on, your resolve diminishes. I suggest saving $52 in week 1, and $1 in week $52. In this way, the closer you get to December (and holiday shopping), the less you’ll have to save.

Use the 52 Week Money Challenge Reverse Chart below to help you:

52 Week Money Challenge Reverse Chart

However you choose to save this year doesn’t matter… what matter is that you begin saving.

Happy, saving!


Don’t forget, the LIVE RICHER Challenge is a FREE, online financial challenge created by me to help 10,000 women achieve 7-specific financial goals in 36 days. Yup!

SIGN-UP HERE NOW: http://www.livericherchallenge.com/

Live richer,

The Budgetnista

About the Author Tiffany Aliche

Tiffany “The Budgetnista” Aliche, is an award-winning teacher of financial education, America’s favorite, personal financial educator, and author of the New York Times Bestselling book, Get Good with Money. The Budgetnista is also an Amazon #1 bestselling author of The One Week Budget and the Live Richer Challenge series and most recently, a children's book, Happy Birthday Mali More.

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  1. I tried this a few years ago, but because I was a substitute teacher and didn’t have regular income, I failed. This time around, I have a more stable job, so I’m hoping I’m able to complete it. I started with a base of $400 in my new savings account, so it’ll be really nice to see what happens at the end of next year.

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