Happy New Year! With the new year comes many fun new ways to make life easier. As a people, we make resolutions, goals or new ideas for the new year in every area of life from weight-loss, to relationships, to organization, and even for money goals (don’t miss our Take Back Your Finances Challenge we used to pay off over $85K of consumer debt)? If any of these sound appealing we encourage you to check out all our challenges designed to walk with you each step of the way!
It’s a great time of the year to have a “reset” in all areas. So, in this post, we want to present a “savings reset” for the new year that can yield a net of $1,378 or more!
In fact, we have shared and have done this the past couple of years and have shared various variations on the method, but the idea is simple, save the dollar amount equal to the week of your participation out of 52 weeks. In other words, for your first week, save $1. For your second week, save $2, for your 40th week, save $40. You can start this challenge at any time in the new year as it is not specifically for the new year.
You can start this challenge at any time in the new year as it is not specifically for the new year. But by starting today, no matter what time of the year, you will easily and mindlessly have an extra $1,378!
What would you do with $1,378 extra!?!
We ended up with $2,000 with this additional idea:
We did this AGAIN this year but added another level of fun….we also added our cash leftover from our cash budget from each month. Whatever was the excess, went into this jar.
Since we had started at the beginning of the year last year, we had nearly all of the $1,378 by Christmas, as well as the excess from the whole year and we ended up with nearly $2,000 in this savings! It was awesome!
What are we doing with our $2,000 extra?
We are going on a $12,000 Family Vacation!
In fact, we are taking the whole family on a nicer than planned vacation in 2017. This year, there is a special Orlando, FL vacation for bloggers or social media influencers and their families that is a screaming deal on its own. Our family of 8 will be able to go to Orlando, FL for nearly one-week with theme park tickets, meals, water parks and activities for only $2,800 (a $12,000 value). Since we had the $2,000 extra – we are taking this trip this summer and the money in our growing vacation fund will cover the rest of the $2,800 and incidentals!
We even made the announcement to our children on Christmas morning where the kids got to unwrap puzzle pieces. Once the puzzle pieces were unwrapped, they put the puzzle together to “reveal” this year’s vacation plans. Let’s just say, both Alex and I are thrilled to be able to take our family on a $12,000 vacation, costing only $2,800 with $2,000 of it already saved without even noticing!
This is the first time we have been able to do something this extravagant with our excess savings money – we typically go on a road trip for a few days with the $1,378, so this year is certainly not “normal” but every year we have done something super fun and spectacular that was an “extra” for the year because of this little pocket of savings.
What would you do with $1,378 or even $2,000 extra at this time next year?
BTW – if you are a blogger or have a social following, you can also take this same theme park vacation. It’s $400 per person (ours is $2,800 total as one of our family members is a baby and babies are free) for nearly a week in the theme parks, water parks, activities and meals included. I can’t post about it publicly right now, but if you would like me to forward you the information, I’d be happy to! Another benefit to blogging! 🙂