Who’s up for a money mini-challenge? Let’s start or beef up your emergency savings fund with this fun weekly deposit game!
You can start whenever you want, but the sooner the better to get to saving quickly. Everyone has different saving techniques and what might work for some may not work for another, so try this out and see if it resonates with you.
How it Works
Start with depositing $1 for Week 1. Easy peasy, right? You can choose whatever day you want to start your week on. For example, most start on Sunday so they deposit every Sunday.
Then deposit $2 for Week 2.
$3 for Week 3.
And continue on until you get to week 52, where you should deposit $52.
By that time, you’d have $1,378 in an Emergency Fund savings! Refer to the below infographic to keep track of your weeks!
For more tips, be sure to check out our Saving Money section. And for more information on why an emergency fund is so important, here’s everything you need to know.
