Tag: 52-week saving challenge

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A Money Saving Failure

On the first week of January 2014, the hubby and I have decided to take on a money saving challenge. You may be familiar with it or may have been doing it also. It’s popularly known as the 52-Week Saving Challenge. I am sad to report that we FAILED the challenge.

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We only made it until the 18th week (April 30 to May 6, 2014). After that time, we gave up. We accepted our failure and just charged everything to experience. I can’t believe I’m blogging about this just now! I’ve gotten so busy in the past months, you know. (Naghanap pa talaga ako ng excuse!) Haha.

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A Money Saving Challenge

One random weekday, the hubby showed me this link to a blog post sharing about a saving challenge. I immediately got interested and asked the hubby if he wants to do it with me, not individually but more of a joint effort. A day after, I’ve seen the same topic on a blog I follow and my determination grew even more. Fast forward to last January 7th, the hubby and I finally decided to take on the challenge. We started that same day.

Dubbed as the 52-Week Saving Challenge, this unique concept of saving money is pretty simple. Basically, it allows you to save up moolahs gradually but surely. Each week, you keep an amount that accumulates as the weeks progress. The total amount you’ll save gets bigger and bigger in the process. At the end of the challenge, on the 52nd week, that is, you will save as big as P68,900 (Pinoy version, in Philippine peso). Cool, ayt?

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