The Habit of Saving Revisited | PUSH the Envelope™ Masterminds and Coaching
10 months ago

Habit of Saving for Fun and Future

Saving for anything seems to be a lost practice in the US. 57% of Americans have 0-$1000 in savings. That's not a pretty picture. What if you have an emergency? Stuff happens all the time. What do you do and where do you go?

You can make saving a habit. And make a difference for yourself at the same time.

Last year I posted a piece about the habit of saving and shared the 52-Week-Challenge. Here's the image from that post and the way I played the game in 2017:

52-Week Saving Plan | Laura Hess | PUSH the Envelope

I started on the 1st of January, a Sunday. I made Sundays the start of the week. The year ended on Sunday, the 31st and I added a 53rd week to my challenge. 

Every week I deposited cash into my 52-week envelope. It was a fun practice, especially as I started making $20 deposits and up. I watched the total in my envelope grow and started planning what I was going to use the money for.

I finished the year with a total of $1,431. 

Habit of Saving Means Freedom and Security

This year Philip is going to play with me in the game. But we're not using cash - we have a bank account we will each make our deposits into. And since we're starting the game on Monday the 1st, we'll again have 53 weeks. With 2 of us playing, that means we'll have almost $3,000 to play with. YEAH!

Why not take the 52-Week Challenge yourself. Review the rules again, set up a system that works for you, and start saving. 

Laura Hess

Laura is a passionate advocate for women in business. She's worked with thousands of women to grow themselves and their businesses. She is a published author and has co-authored 2 Consumer's Guides - one for Coaching and one for Mastermind Groups (both available on this site at no cost). The foundation of her work is rooting in the belief that, with the right tools and support, women can be and do anything. Laura is a partner at PUSH the Envelope™ Masterminds and Coaching, founded in 1994.

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