Hacking your finances to generate a robust savings is made easy with this saving challenge from The Budgetnista, Tiffany Aliche.
$1378 A Year In Savings
Take a look at this simple savings plan that’s guaranteed to generate nearly $1400 in a year’s time. The 52 week saving challenge created by Tiffany Aliche walks you through the steps to saving weekly based on the week of the year. This means week one you save $1, week two you save $2, and so on. Scheduling the payments online makes the task even easier. By the end of the year you’ll have painlessly saved $1378 to kick start your emergency fund for the next year!
One great aspect of the challenge comes with choice to start low and scale up or starting high and scaling down. On the one hand, the first method allows you ease into the higher savings rates if your concerned about your income in the near future. On the other hand, starting high and moving lower eases your burden as you move into the later half of the year and enter the holiday season.
The Budgetnista Blog
Tiffany’s blog is a great resource for women interested in learning more about personal finance, budgeting, and other tips to handle money. Her challenges and no risk courses will provide you with the tools and skills you need to increase your net worth and potentially buy a home. Take a look at her Live Richer Challenges and hear her story of turning her finances around from $300k in debt to a 7 figure brand.