We are open! Click to see our updates regarding COVID-19.


The 52-Week Money Saving Challenge

by Travis L.

Calendar Days 

Did you know that saving more money and budgeting are two of the most common new year’s resolutions? Unfortunately, only 9 percent of people actually achieve the goals that they set for themselves at the beginning of the year. 

If that statistic makes you cringe, don’t worry – we’re here to help. Saving money doesn’t have to be difficult, even if you live paycheck to paycheck. By putting away small amounts each week, you’ll eventually save up some major cash that you could put toward an emergency fund, your next vacation, or paying off debt. Cue the 52-week money challenge. 

What is the 52-Week Money Saving Challenge? 

The 52-week money saving challenge is a savings plan that will help you incrementally save money throughout the year. We’re not asking you to put away a big chunk of your paycheck each week – it starts with just $1. 

Wait, how does that work? It’s pretty simple.

To begin the challenge, you’ll add $1 to your savings account in week one. In week two, you’ll put away $2, in week three you’ll deposit $3, and so on and so forth. If you keep this trend up for the entire year, you will have $1,378 in your savings account at the end of week 52. 

The printable chart we included below can help you keep track of your progress. If you’re worried you won’t stick to the challenge, think of it as a game. As humans, we are programmed to feel satisfaction when we’re working toward reaching a goal and an ultimate reward. Think of adding a check mark next to each week on your chart as inching your way to a light at the end of the tunnel, and you’ll intrinsically have more motivation to reach your goal. 

Cash Store 52 Week Challenge

Ways to Modify the Challenge 

While the traditional version of this challenge has you put away an additional dollar each week, don’t feel like you have to stick to this template if it doesn’t work into your finances. Many people will print out the chart and cross off weeks in whichever order they’re able to complete them. If you’re able to comfortably save $52 the first week, but only $2 the next, go in that order. No matter which order you work your way through the list, you’ll still end up with $1,378 at the end of the year. 

Another variation of this challenge is to deposit $26.50 each week for 52 weeks and you’ll still end up with the coveted $1,378. 

Automate Your Savings 

If you don’t want to worry about remembering to make a deposit each week, try scheduling automatic weekly deposits into your savings account through your bank. This way you’ll be saving money without even thinking about it. And, if you fall on hard times and need to skip a week, you can turn off the automatic deposits with a click of a button. 

There are also apps that can simplify the weekly deposits for you. The Qapital app is not only designed to make saving easy, it also comes with a built-in 52-week money saving challenge feature. Who knew saving could be so painless? 

If you’re ready to start saving, print out your 52-Week Money Saving Challenge and make your first deposit. Want more budget tips? Check out the Cash Store blog


Back to Blog List
Yellow icon check mark in a circle

How Much Can I Get?



Save time in the store by applying online.

By completing submission you agree to Cash Store TermsCash Store will send you communications and product announcements targeted to your interests. You may opt-out at any time.