Gotta Save Dat Money | Update #2

Hey Hey Everyone!

It’s been exactly a week since I last wrote about saving money with the bingo 52 week challenge. I have been having so much fun with the bingo one rather than the regular 52 week challenge. But really, who doesn’t like coloring? I think that’s the “fun” part about doing the bingo style challenge; you get to color it in! Yes, my inner child likes to come out from time to time.

jar

A little off topic but aren’t my mom’s Valentine’s day decorations cute! I love this sign.

Back on track. So this week I have managed to mark off quite a few squares. If you remember last weeks jar, I didn’t have many marked off at all. [sad jar]

bingo2

Yep, I had a whopping 3 squares marked off. This week I have managed to mark off:
1-10
&
11, 14, 20

That’s quite a bit! That’s $253 that I’ve saved since starting this year! Whew! This is going to be used toward getting a new motor for my car. [eeee, can’t wait!]

jar2 jar4 Jar5

If you’re looking for an easy way to save money, then this is it! It’s also a great way to get kids started on the importance of saving money. Of course, it’s a little hard for a kid to come up with $50 at one time but you can always turn the bingo challenge into a penny challenge and have the child put in a penny for week 1, then 2 for the second week and so on.

I know from personal experience that I would have loved it had my parents taught me how to start saving money at a young age. I know when it’s my time to be a parent, I’ll teach my kids about saving money so they’ll have a good start on their future.

If you’re a little worried about starting the bingo challenge and you’re sitting there thinking, “Katie makes it look easy but I can’t spare a lot of money each week”. Well, you don’t have to do weekly, you can always put in as much money as you want whenever you want. That’s the joy about doing the bingo version versus the regular 52 week challenge. On that one you have deadlines to meet for each amount. I love the bingo style because there’s no time frame. You simply put in the amount you can spare whenever you can spare it. For me, I usually have a week or two out of the month that I actually have money so I’ll plan out how much I want to put in the jar because you know, once it goes in, that means no touchy touchy! I personally like to try to knock out the bigger amounts when I can but sometimes I only have $15 and that’s okay. You do what you can. 

jar3

If you have any questions regarding the Bingo 52 week challenge, please leave a comment below and I will answer it promptly! If you’re interested in printing out my version of the bingo square, click here.

I hope you all enjoyed my post and as always, have a great rest of your week!

Now get to saving!

Xoxo Katie

Advertisements

Gotta Save Dat Money >> 52 Week Challenge

Hi Ya’ll!!

Been quite a long time since I last wrote but I wanted to discuss the new year with everyone. New Year usually means new resolutions and things to change about yourself. At the beginning of this year I started the 52 week challenge. It’s a money savings challenge to help with what else . . . saving money! I was able to make it to April before having an emergency come up and having to withdraw from the jar. This time I’m starting fresh and I plan on making it till the end of the year and hitting that lovely savings total at the end of December.

Not sure what the 52 week challenge is?

Screen-Shot-2014-01-16-at-10.59.45-AM

It’s simple. You just add $1 each week. Week 1 you put $1 in the jar. Week 2, you put $2 in the jar and so on till the end of December where you will have saved $1,378! If you want to read more on my first time trying this out. You can check out my blog post here.

Now since I have only been doing photography as my income, it’s a little hard for me to put away each week. So, I started the challenge a little early. I figure while I have some extra cash, I might as well start putting it in the jar that way I’m not scrambling between photoshoots to get money for the jar.

Let me know if you’re going to start the challenge too! Also, if you have any money saving tips that work for you, comment below and let me know!

& if you find yourself bored reading this post, go check out my photography page and “like” it.