It’s always a good time to start saving money. Use this free 52-week money saving challenge printable to easily save more than $1000 in the next 12 months. If you invest that money and follow the weekly savings plan, you’ll quickly enjoy a growing savings account and the compound interest on that money – so each month builds your savings and your passive income. It’s a win-win for you!

In fact, out of all the money challenges this one must be one of the easiest ones to start and follow through. All you need is $1 – I’m pretty sure you can find that lying around somewhere right now.

Be sure to grab the free 52-week money saving challenge printable in the resource library, along with all the other great resources I store there for my special subscribers like you…

Grab this 52 week money challenge printable and crush the challenge

Ready to find out how to do the challenge? Then let’s jump in!

What is the 52-week saving challenge?

The 52-week challenge helps you put away a small amount of money each week over 52 weeks.

The first week you will save $1. You then add $1 to the saving amount each week, so you will save $2 in the second week, $3 in the third week, etc. You are saving money each week and building it in $1 increments to make it easy to follow.

If you do the math, you’ll find that you reach a $52 saving in the last week of this saving plan. By the end of the 12 months you will have $1378 invested!

How the 52 week money challenge works - infographic

When should I start the 52 week saving challenge?

You can start this challenge any day or week of the year, which also makes it fun and easy. In fact, I suggest you start with it today…

Just print out the free printable at the end of this post and get going with a dollar – I’m sure you can find that lying around or sitting in your account doing nothing.

What should I do with the money I save in the challenge?

There are two great options for what to do with the money you save during the 52-week money saving challenge:

You could use the money to pay off debt, so you save even more on the interest you would have paid over the year.

Or you could invest the money you save in an account where you will earn a good interest rate on your savings. That way you will get passive income on the money, which increases as your savings grow.

DON’T put the savings in a jar, hide it under your mattress, or keep it where it can be used as lunch money by the kids. The aim of this game is to put it somewhere safe and grow it, without noticing it or spending it.

Take a look at your budget, think about your personal financial situation and what you want to achieve in the coming year (pay off debt or increase savings), then make a plan for that weekly stash of cash that will grow without much effort from you.

What are the pros and cons of the 52 week money challenge?

Like everything, there are pros and cons to the 52 week money challenge.

The pros are that this 52 week challenge is very easy to do. You start with very little money and quickly see it grow into a substantial amount of savings. You will also gain momentum by starting small and seeing your work pay off in the tracker, which will motivate you to carry on with the challenge, perhaps even after the 52 weeks are over.

The cons of such a challenge are that it requires you to take action every week to put away the money. You could always put away the biweekly or monthly total at the beginning of the month instead, so you don’t have to worry about it every week. Just make sure to keep track of your payments in the free printable chart below.

It will also take some dedication from you to keep up with the challenge over 12 months. Make it as easy as possible to stay with the challenge by keeping your tracker somewhere where you can see it and by automating the payments as much as possible. If you are going away or might miss a weekly saving payment, then pay up early or set up an automatic payment to cover this.

One last difficulty you might experience with this 52 week saving challenge is putting away more and more each week. You will be saving a lot each week in the last half of the challenge. Don’t let this put you off. We start small so we get motivation to push through and it gets easier and becomes second nature to bank that money every week. By the time you are 6 months into the challenge, you shouldn’t be thinking too much about being a regular saver. If you’d like, you could revers the challenge to start with saving $52 a week now and work backwards to $1. I personally suggest sticking with the traditional challenge of starting with $1 and building you way up from there.

Grab the free 52-week money saving challenge printable

Just sign up below or, if you’re already a valued subscriber, log into the resource library to grab the free printable.

Print it out and keep it somewhere you can see it – in your office, on the fridge, or in a pretty home management binder – and cross off each week when you make your deposit.

Grab this 52 week money challenge printable and crush the challenge

FAQs about the 52 week saving challenge

How much money do you save in the 52 week challenge?

If you follow the easy weekly challenge amount by adding a dollar each week to your savings amount, you will save $1378 at the end of the 52 week challenge. Of course, you can always put away more money each week if you have some extra cash to spare.

What is the 52 week savings challenge?

The 52 week savings challenge is an easy incremental savings plan where you start with saving $1. Put away $1 in the first week, then add $1 to each week’s total saved until you save $52 in the final week of the challenge.

What is the $5 challenge?

The $5 challenge is done by putting away every $5 bill that lands in your hands over the course of a year. It is based on the idea that you won’t miss that money, but it will quickly add up if you put those $5 bills somewhere safe and count them after 52 weeks.

How can I save money fast?

One of the quickest and easiest ways to save money is by starting the 52 week savings challenge. You can start with $1 and build it from there. If you do the weekly challenge, your savings balance will grow along with your interest earned, or use it to pay off debt.


If you want to start an easy, fun savings challenge, then the 52-week money challenge is the one for you. Start with $1 this week and grow it by a dollar each week over the next 12 months.

Invest that money or use to pay off debt, to boost the benefits of saving that money.

Use the free printable from the resource library to track your progress.

Oh, and if you’re looking for other fantastic ways to save money, why not try the Use-what-you-have challenge and start meal planning? Welcome to a new bank balance, my friend 😊

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Take the money saving challenge with this free printable - 52 week challenge

Easy to use printable to take the 52 week money saving challenge - start today!

Save over $1000 with this easy 52 week money challenge - free printable!

How much do you save in the 52 week money challenge? Hint: a lot!

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Monique is the fire behind Tiara Tribe, where she helps you build your blog with love. A full-time blogger, lifelong learner and nature & animal lover, she spends her days in online adventures and exploring the beautiful scenery in Australia, where she now lives.