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RE-POST and UPDATE for 2015!!!
Did you break the bank for Christmas this year?? Not me! I had most of my shopping money saved up by using this little gimmick all year!
I started this plan 2 years ago and fell off the wagon in June. I did it again this year and this time, I stayed true to the plan until mid-autumn when I started Christmas shopping. For 2015, I plan to do it again and have all that cash saved up and ready! I posted a teaser and so many people were interested, that I thought I would go ahead and post the plan for you.
WE WILL START IN JANUARY – BUT, you can read below and be ready. Plus, I have added some things others have suggested that made it easier for them. The important thing is that you are saving a little and that it is accumulating. Your chosen process doesn’t matter.
You simply make a small deposit each week, according to what week of the year it is, and at the end of the year, you will have $1378! Again, this will be my 3rd year to do this and I will start again next week. I would love for you to join me.
But, I think we need two things to make this successful:
1) Somewhere to put it.
2) Someway to remember to put it!
We can remind each other and keep track of our savings! So, I will remind you each week to make your deposit. I will be putting mine in my Capital One 360 Account. I encourage you to do the same. If you don’t have or are not familiar with the Capital One 360 account, I can tell you that I have had it for about 3 years and have ZERO complaints. There are no fees and I have it connected to my Paypal account for easy transfers. Since it is owned by Capital One, it is accessible at their ATMs. This is where I keep my Christmas money all year. It’s not in the general family fund, but is accessible if I REALLY need it!
If you haven’t opened one yet, you can go straight to sign up HERE. You might even find a little surprise when you do!!
Just think how far that $1378 will go on Christmas expenses next year…or a Disney trip (that’s almost half of the cost!), or toward paying off a bill! So, now I will share this post with you and next week, I will make my deposit to my Capital One 360 account!
******UPDATE – I just wanted add a couple of points that people made when I first posted this last year. You can adjust this just a smidge if you prefer. Here are some of the alterations that were suggested:
1 – Start at the end and work up. Deposit more now, while you are motivated and knowing that you have less to deposit each week will help you stay on track. It will look like this:
2 – Print the chart out and mark off amounts as you get them and deposit them. For example, if you have $10 that you want to deposit this week, you could either mark off weeks 1 – 4 (1+2+3+4 = 10) or mark off week 10 ($10). Just bounce around the chart and make sure that you deposit regularly and keep track of what you have done.
3 – If you do a few weeks doubling up on your deposits, you will have the money earlier than scheduled and be able to use it for Christmas shopping! That $10 example in #2 will take off 3 weeks!
4- If you line these deposits up in 4 week columns, it averages out to $106.00 per 4 week period, or $26.50 per week or $53 per two week pay period. However you want to do it, is just fine! JUST DO IT!
5. Share this post with your friends and let’s all encourage each other!
Stay tuned for WEEK ONE DEPOSIT Next Week!
****Disclosure – the links in this post are my personal referral links and I will earn a small referral fee if you use them (and I will love you for it.) Once you are signed up, you can refer your friends and earn the same fee.