Have you seen this floating around social media? It was a big "pin" all over pinterest around the new year. It is a week by week savings plan for one year. By putting money in a jar (or savings account) every week and gradually increasing the amounts you can save $1,378 in a year! Sounds good to me!
I don't know about you, but we have the most awful time saving money around here. You know how most couples have a "saver" and a "spender"? Yeah well, we are BOTH spenders.
and that is NOT good.
I am getting better. I have hope for us.
....I also don't want to let Dave Ramsey down!
This week by week savings plan seems simple and feasible for us. I like having the actual jar with the chart on the counter. It serves as a reminder to set money aside for saving and we like the physical evidence of our progress.
Whether you need to build your emergency fund, pay down debt, OR save for something fun like a family vacation; I think this is a wonderfully easy way to do it!
Variation: I've seen several people mention doing this backwards. You start with the highest amounts first, that way as you get closer to the holiday season you are putting LESS money into the jar and your budget won't be so tight around Christmas- when budgets are already tight! Doing it this way also increases your motivation as you save more right away and see more immediate results.
Save more! If you are doing this with a jar on the counter, also toss your spare change in there! Along with any random $1 bills you may have in your wallet at the end of the day. You'll be surprised how just that little bit more will add up in the end!
Print out your own savings chart and start saving NOW!
What are YOU saving for??
