23Apr2015
by Melanie/Honest Glimmer
I have listed several challenges and savings plans on my blog but this most recent one is the best that I have seen and for the folks who want to save money for a house, this is worth a try:
On this savings plan, you can save $5000.00 in a year to buy a home. It is amazing what you can do when you save! Great chart and this is done as a 52 week saving plan to help you save money for a home!
so nice to see it has helped someone in such a positive way! Thank you for sharing that and have a blessed day!
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I will try it. Thank you.
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I am going to try this. Thanks
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Thanks for the Information I will try this.😃😃💸💸
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This is great! It gives you a direct guide and you know the end result is $5k! Nicely done.
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Yeah this is thé best thing to do in life thanx
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I’m going to try this.
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I hope that it helps you on your quest to save! Have a blessed day!
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Im still confused.. does the # sign mean you save every single day or is this once a week.?? Help trying to save up for a move. Thanks in advance.
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Hi Nicole, the # sign means that week. It is written for 52 weeks and the pound sign tells you which week you are on. I hope this helps you and the savings plan helps get you started. Have a blessed day!
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Thats how much money we deposit in our savings?
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Hi, If you start the chart on a specific day, you follow the # number as week 1, week 2, etc. and put that amount in your savings! Good luck with your saving endeavors! Have a blessed day!
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Am I reading this right? It’s just a table that tells you to deposit ‘x’ amount every week, but it doesn’t say where the money comes from?!?
It basically says you can save 5k if you have 5k… can anyone explain?LikeLike
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It gives you an example of a table, if you follow the deposit amounts listed (yes, you are putting your own money in the bank in small amounts) then at the end of the time, you will have saved that amount. There are some people who say that they just cannot save money. The table shows you an example of putting small amounts away and how easy it is. Even small amounts can add up to a big picture if saved faithfully. I hope that this table can help you start to save.
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SO HELPFUL! I can’t put that much away a all weekly but with the little I can I can see it growing visually. Thank you for this! 💗
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I am so glad that you can use it. Good luck with your saving! Have a blessed day!
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lol If 195.00 a week is a small amount to you, you are out of touch with those of us that live paycheck to paycheck and are lucky if we have 10.00 a week extra.
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Hi, thank you for your comment. No, 195 a week is not a small amount, I didnt see that amount on that saving for a house chart, is that the one you were looking at? I am also one of the families who live paycheck to paycheck and I have not found the best one that works for me and my family yet. I share all of these charts in hopes that they may help others, but each families budgets are different. We save a little and then have emergencies come up and have to start over so I truly understand what your saying. My hope is that you can look thru and find one that will be doable for you and your family. Blessings to you!
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I have found one I like that works for us. If you put $60 in wk 1, $59 wk 2, $58 wk 3, etc. You will get down to $9 deposit on the 52nd wk. This will give you about $1,700 in 1 year. I have auto transfers set up so it will continue every year. I can easily increase, decrease, or skip a transfer if needed. If I skip one, I just add it to the next one, or increase the other transfers by a little so it isn’t too much. I work at a school and have no income in the summer other than my husband’s. I have it set so the higher amounts come out in the school year and the smaller in the summer. When it starts over, I am already receiving the new school year’s paychecks again.
I hope this helps! I would post who actually posted this chart, but I cannot remember.LikeLike
You are doing it backwards and to be honest, I think december is the hardest month to try and save with christmas so this is a great idea! I am so glad you shared that with me. Good luck in your saving and for the new year!
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Yeah, it’s those emergencies that get in the damn way! Thank you for your effort in creating this table, however…I’ll try anything at this point!
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Hi, no, 195.00 is not a small amount to me. I appreciate the value of a dollar and am pretty darned cheap. I have been trying my hardest to find easy ways to save money, and just for our savings, but when you want to buy a house, a down payment is always helpful. I just know that some would find this helpful which is why I posted it but I am sure it can be adjusted to whatever you and your family decide is a good amount to stash away. Good luck with your saving for your house and have a blessed day!
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Hi, I log on to your blog regularly. Your story-telling style is witty,
keep it up!LikeLike
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Stumbled upon your blog. Getting started in the 6th week. I’m gonna give it a try. Saving money is hard for me. But I realize that the closer I get to retirement, the less things matter. I live from paycheck to paycheck and have some debt. Some months savings will be a struggle, but I have to make a real effort to do this if I’m gonna enjoy life as I hope to. Thanks so much for your help.
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Hi, so glad that this might help get you started on saving for a house! I wish you the best of luck and let me know if you were successful following this or if you changed it at all. Have a blessed day!
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Any charts on saving for retirement in 4 years
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Love this idea. I found your site on Pinterest, where it stated this was a free download. Is it possible to get the download still?
Thanks, MaryLikeLike
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Hi, I am not sure how that came up stating this was a free download because all I had on there was a graph. You can click it, download it and use it from my page. I dont have any other download available. Thank you for checking out my page and I hope this helps you. Have a blessed day!
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Saving Money could be a hard things for some people. i saw a lot of people struggling with this issue. specially when you want to save money for your house. nice article though
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This is worth a try thank you. I really want to buy a house and just thinking of how to save the money was hard but this chart definitely got my attention and in my case it’s doable. Thank you
Do you have an app or website to follow you. Would love to read on more ideasLikeLike
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Hi we really want to start saving for a rainy day fund.as no one really knows just when that rainy day is coming.and that’s when you’re going to need your savings to rely on as a real cushion for your account.and to hold you in good stead if you get a job lay off or job loss.as these are unforeseen circ*mstances that happen in life.that we all need to prepare for.and start .budgeting saving and build up true wealth then start investing in your future.and retirement.
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