Easy Weekly Savings Plan (Starts at Just $1 a Week and Adds Up FAST!)

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Weekly Savings Plan

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Want to use a Weekly Savings Plan to save a pretty good chunk of change by putting away a minimal amount each week….starting at just $1.00 in week one?! See the plan in the image below. The photo and plan shows how putting away little money away each week can add up to a considerable amount.

Here’s a tip from reader Terika, how about trying this backwards and starting out with $52 a week and going down so each week you put less and less away (so less near Christmas  and almost like paying down a bill, much more satisfaction at the end)! Thanks for the idea Terika!  :-)

It’s a pretty easy concept and can really help you to save a lot of moola. This is a great way to have money at the end of the year for Christmas, Vacation, or just as a safety net!

Also, if you have a little more money to spare, consider doing this plan for each kid or doubling it for double the end result.

savings plan

Weekly Savings Plan


Thanks, Monika and Photo Credit

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  1. ciara g says

    This is an amazing idea! It makes saving easy and affordable. I will definitely be giving this method a try. I have been needing to try save some money for a big vacation for My kids, husband and I. If i repeat this process each year i will have easily paid for our trip.

  2. Jessica F. says

    I got this before you posted it and my husband and I have already started. Love this idea, and seems very do-able. :) Thanks for sharing it again.

  3. Shawnee Gonzales says

    This sounds great and easily attainable until you get to that last month and you are doing over $200 in one month. I would prefer to do it at an average ammount all weeks, instead of going up and up. To get to the end ammount it is about $26 a week, which would be wasier to keep up then the last two months of this plan.

  4. Kim says

    Thanks for this idea. I have already made me an envelope to put my money into with the cheat sheet on the front. I am going to also put some extra away at times to save even more. Super excited. :)

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  6. Jessica C. says

    Hello, Great idea! It really would make paying for vacation a lot less stressful on your wallet.

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  11. Eve Ghigliotti says

    This is great I made a copy & posted it on my fridge & sent it via email & or text to my friends & family.. I am taking this challenge & I’m going to double where I can weekly too! And, even if I stick to the challenge only that’s an amazing savings that I feel the average person can do so easily. I realized last year in 2013 that I over spent on senseless things & I plan to be more careful this year & use that money for savings. My savings pledge is no more impulse buying which, I tend to do too much of. Thanks for the tip & sharing this with us all. Happy savings to all! :)

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