Savings Challenge: Collect 13,000 pesos in 20 weeks with this method

If you have decided to open a formal savings account to protect your personal finance before possible unforeseen events, such as illness or accident, and you wish to avoid resorting to loans or credits which could generate additional debts and unbalance your Monthly Budgetit is advisable to have a fund of emergency available. An effective strategy to start this process is to accept a savings challenge that allows you to accumulate money in the shortest possible time and then deposit it in your bank. banking and start earning.

In order to cover this needwe offer you a challenge that will allow you to collect more than 10 thousand pesos in 20 weeks. This savings strategy gives you the opportunity to support your economy and set a medium-term objective. It is important to note that each person has unique circumstances, so the purpose and use of money should be tailored to individual needs.

The savings challenge that will make you collect more than 10 thousand pesos

The next one savings strategy It consists of following a fairly simple plan over 20 weeks. The objective of this savings fund is that in the first week you save a thousand pesos, so that over the weeks you will increase with amounts less than a thousand pesos until you reach a total of 13 thousand pesos. To facilitate the follow-up, we show you a diagram where Exact amount you need to wear and you can also write the week number to view your progress as you approach your savings goal.

Have healthy personal finances is essential to maintain a stable economic life and achieve long-term financial goals, but getting there is usually quite complicated, that’s how experts assert that discipline, control and conscious decision-making are key to achieving this, in the same way that they explain that it is important to know your income, expenses and financial goals, as well as to adjust your Consumption habits depending on them.

At first it may be difficult to remember the system of this savings challengebut over the weeks you will get used to it and make one financial habit. Financial experts suggest creating a clear objective to give you the necessary motivation to keep saving. If you have trouble maintaining it on your own, you can find a thrifty partner to build a collective habit until you get used to doing it alone.

As long as you deposit safely constantyou can combine the total payments on the stipulated date. Therefore, it is advisable to start as early as possible to receive the final payment as soon as possible and even restart the process to pursue new savings goals.