Has anyone ever done this? It's a year-long saving plan that let's you save a little bit at a time to start. I plan to do it, starting tomorrow. I figure even if I don't see it through, I will probably save a nice amount of cash. I'm tempted to start saving backwards because money starts getting tight in November. What do you think?
I saw this on Facebook yesterday. I'm pretty good about saving, but thought I might give this a shot so that I have a nice little "chunk" of money that I can use for Christmas without touching my bank account.
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It does not matter how slowly you go so long as you do not stop
Confucius
I think it sounds great. I'm going to try it! I am considering doing it backwards, though, and starting with the $52 deposit during week one. I seem to have a lot more money at the beginning of the year than at the end of the year, so that might work better for me.
I think it sounds great. I'm going to try it! I am considering doing it backwards, though, and starting with the $52 deposit during week one. I seem to have a lot more money at the beginning of the year than at the end of the year, so that might work better for me.
I'm the same way, not sure why, by all accounts I should be broke in January.
This is a good plan. I'm not sure if I should do it on top of the money I have set up to automatically transfer over or not. I think I'll start on Friday. I may also do the backwards plan, or alternate between $52, $1, $51, $2, etc. That way it doesn't kill me at any one time of the year, and I get to draw more interest on the money (small amount, I know, but still...)
Can you set it up so that your bank automatically pulls the money from your checking and puts it into a special savings account? I don't think my credit union will do it, but I wish they would!
I like this a lot! I always say "I'm going to put this much in savings at every paycheck" but then money is tight, bills are due, etc...and I stop. I'm going to try it!
