Taking more than one job is well and good if your goal is to be financially stable in the near future. However, more than working hard, saving hard and spending smart is just as integral in reaching financial freedom.
Aside from working side hustles for extra income, it’s also good to consider keeping a savings resolution instead. By resolving to spend wisely and set money to the side, you can reach your financial goals without having to take extra jobs constantly.
Lately, the internet has seen an explosion of saving challenges. What makes these challenges great is that they give the challenger one clear and very doable goal within a specific time frame.
Presented as an online challenge, saving suddenly becomes a fun and inviting endeavor that everyone is eager to join. There’s a bunch of different versions of these challenges that range from 30 days to several months.
The 52-Week Challenge to Save Up to P50,000 (popularized locally by my friend Kuripot Pinay) is one that is surprisingly achievable. Check out this infographic by Pawnhero to learn how you can achieve your savings goal through this 52-Week Challenge.
Do you think you can accept the challenge today and start saving this month? Comment below if you need further help. 🙂
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