THE Disney Savings Challange
You only need a dollar to get started….
Save more for your Disney vacation with this hack called the Disney Savings Challenge/52 Week Money Saving Challenge.
Have you ever heard of it?
Saving money is no easy task, even if it’s for Disney. What I like the most about this Disney savings challenge is how painless it feels, how easy it is, and that it gets people in the habit of saving money.
So what I’ve done is created a template for you to download, print and/or save, and maybe put it on your fridge. But let’s talk about how it works first.
How it Works
I mentioned before about how it all starts with only a dollar. Every week you have an amount to save and every week the previous amount will be increased by $1.
Where Do You Put The Money????
Some people are more visual and like seeing the money add up in a jar, by all means, watch it add up!
I’m always worried about not having constant access or not being to keep track so I use Ally Bank (online savings account). This way you can schedule your payments weekly.
Since I’m usually saving for different endeavors, I use excel sheets to track deposits and which endeavor they’re for.
52 Week Money Saving Challenge
(Right click to save image or download pdf below)
- Start doing the weeks backward. Start with $52 and get rid of the bigger increments first and see the money grow quicker.
- Don’t go in order at all. Make sure you deposit weekly but do what works for you. Christmas money making it tougher to deposit? Do a smaller amount week.
- Save more money by incrementing by a higher amount weekly. Try $10s or $20s
- Print the sheet out to make this a visible challenge. Cross out every week you accomplish.
It’s not how much you saved or how you saved it…..It’s that you saved.
I heard this TED talk once about why we are naturally not good with money. It stems from our fear of lost or losing out. Losing out on the item we want so badly, or on the deal, losing out on the ability to use that money for anything other than a savings account. But this Disney savings challenge makes it so effortless to save up more than $1300.
Have you tried something like this?