Setting money saving goals is easy, but following them through – and doing it for a entire year – can be tough. One of the easiest ways to hit your savings goal is to use a 52 week money challenge.

A 52-week challenge also help you put down the credit cards, and focus on spending less money. Think of all the good things youc an do with all that extra cash!

Trust me, when it comes to goals, I’m all about setting them. Like, daily. However, it’s that whole consistency bit that I seem to falter on. I’m like a toddler surrounded by goldfish crackers, shiny new toys, Paw Patrol, and Grandma – I’m easily distracted and overwhelmed by the possibilities around me!

Varations of this Money Savings Challenge

52 Week Money Challenge

If you want to save money every week for a year, the 52 week money challenge is what you need. In the original version of this money-saving challenge, you’ll start saving an amount of money that matches the week you’re on. For example, during the first week, you’ll put aside $1, the next week will be $2, and so on until you hit week 52.

Once it’s complete, you’ll have an astonishing $1378 saved from the 52 week challenge! It’s a great way to pull together extra money for Christmas gifts, a vacation, an emergency fund, or to pay off debt.

If you’re worried about saving money while on a tight budget, this version of the challenge can help. It starts with a lower amount, with a $1 a week, which isn’t much money. By building up every week, it’s easier to get into the savings mindset. Plus, you can work on cutting expenses as you go to meet each week’s savings requirement.

Reverse 52 Week Money Challenge

If you’re starting your savings challenge at the beginning of the year, I like to do this version. You’ll start saving $52 for the first week, $51 for the second week, and so on.

Why do it this way, you ask? It’s easier if you’re using this for Christmas presents. You start with a higher amount, so by the time you hit December, you’ll have the majority saved before you start shopping. Even if you’re not using these savings for the holidays, it’s less stressful to set aside smaller amounts closer to Christmas, so you’ll feel the pinch much less.

Random 52 Week Money Challenge

This version of the savings challenge takes the amounts $1 to $52 and mixes them up. Choose one unused amount each week, then mark it off so it is not repeated.

You get the idea (I vote for the drinks option!). No matter how you come up with your number, don’t forget to mark it off so that it doesn’t get repeated later in the year.

52 Week Money Challenge $5000

Maybe you find this challenge not to be…challenging enough. How about saving a whopping $5,000 in a year?

With this version, you’ll be saving heftier amounts, and they’ll add up much quicker. It’ll take some digging into your budget and looking at your spending to work on setting aside the correct amount each week.

By the end of the year, you’ll hit that $5,000 goal. It’s a little intimidating, but I know you can do it!

52 Week Money Challenge $10,000

Raising the stakes, even more, is the $10,000 52 week money challenge. This one’s not for the faint of heart, but the reward is worth it. Being able to save $10,000 in a year is achievable with some planning . To tackle the weekly amounts needed, you’ll have to make a lot of room in your budget or start earning more. Using your income from a side hustle would be an easy way to meet these weekly savings amounts.