Sunday, 28 April 2024 23:41

How do you save for 365 days?

Written by Karla Gutiérrez

Today we share with you a more creative and fun way for those who find it hard to save money and want to get out of the traditional way.

We are talking about the 365 days dynamic, which consists of saving a certain amount of money every day.

On monday we will start saving one dollar and we will add another dollar each day of the week. In this way, and when sunday arrives, we will have to add seven dollars in total to the pot. For this reason, it can also be known as the method of 7. For this method to work you must be very strict because it lasts one year.

Afterwards you can invest this money completely or leave a part of it to buy something you want.

As mentioned above, the system can be modified to suit the user's taste.

There is a simpler version of this method is the '52 week challenge', which is simply based on saving one dollar more week after week until you have to put $52 in the last stretch.

These are some creative but very challenging methods for you to save without dying in the attempt.

 

Translated by: A.M