The important thing is for you to save consistently for 26 weeks. Once that is set, you can create start and end dates for the challenge you can start this at any time of the year. Automating your savings is a breeze when you have an account. There is no set thumb rule on how to approach a biweekly money-saving challenge, and you can consider one of the many ways to complete this challenge in 26 biweekly weeks.įirst, you need to create a savings account, which can be your 401K or an online account with your bank. ![]() You don’t need any app or software to get started with this money-saving challenge-the good old pen and paper can help you visualize your savings.Ĭreate a biweekly table that runs up to 26 weeks and assign the amount to save the first week, which will be an increment for the subsequent biweekly weeks.Īutomating your biweekly savings is an excellent strategy to stay committed throughout the saving challenge period.Ĭomplete your saving journey by ticking against each week and ensuring you top up your account with the amount for that week. ![]() The ultimate goal is to make this saving challenge fun and affordable, so you can start with whichever amount you deem fit your budget. You can start with $1, $5, $8, $10, $15, $50, $100, and even more-nothing is set to stone on how to go about the biweekly saving challenge. The amount you can save in a biweekly savings challenge depends on your income, responsibilities, and saving goals. ![]() How Much Money Do You Save In A Biweekly Saving Challenge?
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