She Strengthens

Rebuilding My Adventure Fund

After a thrilling trip to Japan, my savings account was crying out for a refill. With a trip to Belgium on the horizon, I knew I needed a solid plan to build up my funds without sacrificing my other savings goals. As the new year began, I set out to create a strategy that would work for me.

The 52-Week Money Challenge

I discovered the 52-week money challenge, a popular savings plan that promises to net you $1,378 in just 52 weeks. The classic version involves saving an increasing amount each week, from $1 in week one to $52 in week 52. However, I knew this approach wouldn’t work for me. I didn’t want to be stuck saving large sums in December, and I had several big bills to pay in January and February.

A Twist of Fate

Instead, I decided to add an element of chance to the challenge. I created a jar with 52 numbered cards, ranging from 1 to 52. Each Friday, I draw a card and transfer the corresponding amount into my savings account. No re-draws allowed! I chose Fridays to curb my weekend spending habits and make me more mindful of my purchases.

The Ups and Downs

So far, the challenge has been a mixed bag. In January and February, I drew a range of numbers, including $27, $21, $51, and $47. It was stressful at times, but I managed to make it work, saving a total of $276. However, March brought its own set of challenges. With a shorter pay period, I struggled to make ends meet, and I had to delay two transfers. It was frustrating to fall short, but I’m determined to catch up on my next payday.

The Silver Lining

Despite the setbacks, I’ve already saved an extra $276 towards my next vacation. That’s a win in my book! I’ve also learned to be more thoughtful about my spending habits and to prioritize my savings goals. The challenge has been stressful at times, but it’s also been a fun way to stress-test my finances.

Staying on Track

Now that the shortest pay period is behind me, I’m confident that I can stay on track for the rest of the year. I’m looking forward to continuing the challenge and watching my savings account grow. Wish me luck!