A tip to pay for your next vacation seems to be paying off! Her name ? The 52-week savings challenge. A simple and effective way to put up to 1,400 euros aside.
How to save a little more this year? A new trend is increasingly attracting Internet users: the 52 week savings challenge. It would be a matter of investing money consciously, without having the feeling of making big sacrifices. A promising long-term method, to be repeated without moderation.
When it comes to saving money, there is no shortage of tips. However, one of them seems to stand out: investing money weekly, during the 52 weeks of the year. How it works ? The principle is simple. Each week you set aside an amount of money. The first, you save 1 euro. The second, 2 euros, and so on until the 52nd week, where you will deposit 52 euros in your kitty. If you follow this plan without fail, at the end of the year, you will have accumulated exactly 1,378 euros.
This challenge has several advantages. First, it’s incremental, meaning you start small, making the saving effort almost imperceptible at first. This progressiveness helps you get into the habit of saving without disrupting your budget. Secondly, it transforms saving into a game, a competition against oneself, which can increase motivation to stick with it over time.
There are some smart actions to adopt to succeed in this long-term savings challenge. First of all, open a dedicated account, forget the piggy bank or the common pot. This will help you keep your hands on that money and better visualize your progress. Then, mark each week on a calendar and check it off once the money is set aside. This will reinforce the feeling of accomplishment and push you to do it, like a TO DO.
Some also adapt the challenge to their situation. For example, if following the ascending order seems difficult, you can save in the opposite direction, that is to say start by investing 52 euros the first week and decrease by 1 euro each week. This method may be easier to manage in certain cases, especially for those who do not receive thirteenth month or end-of-year bonuses.