2019 52 Week Savings Challenge

[nawghtyhare]

I'm going for 10k. Tryna make some things happen this year

It’s gonna happen For u bruh
I know it

 

[nawghtyhare]

I can make this work

U can
we all here to motivate

 

[tay1]

All the motivation is appreciated. We could use more of it to keep the thread alive

 

[willypete]

The government shutdown got me penny pinching but I’ll still stay on course.

 

[l knicks fresh knick l]

in . im doing this !

 

[nawghtyhare]

The government shutdown got me penny pinching but I’ll still stay on course.

Damn
u fed employee or a contractor???
Hearing contractors won’t get back pay

 

[willypete]

Damn
u fed employee or a contractor???
Hearing contractors won’t get back pay

Contractor so I’m really getting effed over. Looking at new jobs now that’s in private sector so I don’t have to deal with this again.

 

[8|24]

i literally dont spend money other than life necessities.
every since i had a revelation eight years ago thanks to a pep talk from an older dude, i've been saving like a crazy... literally 90+% of my income

money > everything

 

[bishopstrongbow]

i literally dont spend money other than life necessities.
every since i had a revelation eight years ago thanks to a pep talk from an older dude, i've been saving like a crazy... literally 90+% of my income

money > everything

What did that talk go like ?

 

[tay1]

Bruh must have an extremely well paying job to save 90%

 

[6 Rings G.O.A.T.]

 

[adobecs4]

I'm in. 52 week challenge plus an amount every payday

 

[8|24]

Bruh must have an extremely well paying job to save 90%

Nah I work warehouse

I own my house so housing expense is eliminated

My girl lives with me and pays half of the utilitiy bill, gas, electric, water

I pay for internet and phone, that’s it

 

[8|24]

What did that talk go like ?

Pretty much money = time/freedom/security

 

[swaggdaddy]

Let's get it. Another thing I do is start from week 52 up to Week 1. With chrChrist and holidays at the end of year makes it tough to deposit that amount of money in week 52. So from bottom to top is something to think about.

 

[Nike Jordan]

https://www.ally.com/learn/selectcd-14m/


Ally Bank 14 Month CD (No Minimum To Open) 2.85% Yield

I opened up a CD. Hopefully, I can save up enough for a vacation next year.

 

[paulwest1985]

About to get the first paycheck of the year. In for this challenge. I'm gonna push to save 10 grand this year.

 

[Hoodrich Laflare]

Never tried one of these... 100% in this year.

Initially was doing the $2500 w/ a hg but I'm going to pivot to the $7k as it seems doable... except I'm going to do it in reverse that way it's lighter on me come holiday season. Count up

 

[nawghtyhare]

I’m REALLLLLLY tryna buy a house next year
Gonna stack this whole year and take a loan out of my 401k

 

[Liquid Swords]

Y’all got this. I’m gonna do the reverse stack as well. Looking forward to some skrilla

 

[tay1]

Y’all got this. I’m gonna do the reverse stack as well. Looking forward to some skrilla

Yeah I'm going reverse with it to ease the pain near holidays

 

[nawghtyhare]

Yeah I'm going reverse with it to ease the pain near holidays

I already told the fame
This holiday I’m going light
They already got all the electronics
And toys they could want
Besides clothes
and maybe a few games and toys
I’m chillin next holiday
I ain’t spending 2 months worth of checks on presents this year
We can go all in
When it’s time to buy stuff for the house

 

[tay1]

Yeah. Im going light for the holidays as well. The house will be well worth the sacrifice.

 

[miniojw]

My fiancé and I did this last year. We created a joint account and put in $500 each every month. We ended the 2018 with 14000. We’re going to continue this year (in hopes of getting a house) I’m going to do a smaller one on the side for myself.

 

[tay1]

I see some have housing goals this year.

Any specific reasons?

Close to the end of the decade goal?
Faith in the housing market?