Start your New Year off right this year while setting yourself up for a little financial freedom next holiday season. I think we can all agree that we struggle every year to buy all the presents we would like. Between the cost of presents and a holiday dinner, I find the struggle more difficult each year.
I have always wanted to try the 52 week challenge but find that a little steep, for my pocket, some weeks. I love the 365 day penny challenge, it fits my budget perfect. You will start on the first day by putting one penny in. Day two put in two pennies. Day three, 3 pennies. Day 100, will be $1.00. The highest amount you will put in on one day, is day 365, you will put in $3.65. Now that is totally doable!
At the end of 365 days, you will have painlessly saved $667.95. Easy peasy!
This is so easy, I think I will encourage my boys to start this challenge as a way to save up for their future. In 10 years there will be almost $7000 and that is with no interest earned. Put that in an interest bearing account and see that figure grow!
Use this adorable printable below to print and place on yours savings jar. Set it up where you will see it every night and use your spare change from the day.
Click on the image to print
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