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52 Week Savings Challenge Progress

August 16th, 2014 at 01:45 pm

Our automatic deposit of $57 was transferred to my Capital One 360 savings account yesterday. I have now made deposits to cover weeks 1-21 and 36-52. The balance in the account is $1,041.20. This includes a little interest and a few customer referral bonuses received from Capital One.

I really like having the challenge money set up automatically. It makes it so easy. I just need to record it each payday and that is it.

If you haven't read before, the money that I'm saving with the 52 Week Savings Challenge is going towards my daughter's band trip this spring. I actually plan to continue the challenge into next year and apply any extra towards a new flute for my younger daughter. It seems to have become a fund for those bigger expenses teens have! Smile

Are you saving automatically for anything? Are you in on the 52 Week Savings Challenge (you can start at any time)?

Posted in Saving | 1 Comments »

1 Responses to “52 Week Savings Challenge Progress”

  1. rob62521 Says:
    August 16th, 2014 at 11:57 pm 1408233447
    1408233447

    We don't save automatically, but we do save regularly for things. We have an account for household maintenance/repairs. Right now, it is for a new roof because we will need a new one in a few years. We have an account for Christmas Club and a vacation club account we save money in.

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