Charts for the 52-week savings plan, or challenge, are available online at many money management, lifestyle and savings blogs and websites. Some examples include MomsLifeboat, Saving Advice and the UnBank Blog.Continue Reading
Participants in the 52-week savings plan save money over the course of the year by slowly increasing the amount they deposit into a savings account. Each week, the saver adds the dollar amount of the week they are on, allowing them to save approximately $1,400 over the course of a year, and charts allow participants to track their progress.
In this system, the saver starts with a $1 deposit and builds up to a $52 deposit over the course of a year. Participants transition gradually to a larger amount, and most of the saving occurs at the end of the year, which makes completing the entire challenge important.Learn more about Household Budgets