I have been participating in the 52 Week Savings Challenge for more than half a year now. I make my deposits twice per month on payday. I also decided mine would be equal amounts of $57 each.

I also started the challenge with $10, and have an additional $60 in the account that have been earned from Capital One 360 referrals (thank you!). My balance with interest as of July 4 is $869.63.

If I were following the weeks, we could say that I have deposited money for weeks 1-18 and weeks 39-52. That is 32 of 52 weeks, so more than halfway to the goal.

I recently decided that this money will fund my daughter's band trip. Although, we may have her put some skin in the game, for spending money, or work the fundraisers hard.

Are you participating in the 52 Week Savings Challenge? Are you still on track to complete the goal? Did you know you could start any time?