What's Your Savings Strategy for 2020?

This year, I'm trying a new savings strategy. I'm still doing the 52-Week Money Challenge but also trying another that I saw online.

Saving Strategy - Multiply the Month by Number of Days

It is quite simple. You take the month number times the number of days in the month and that is the amount you save.

For Example:

• January is the first month (1) and has 31 days. 1* 31= 31 so you save $31.
• February is the second month (2) and there are 29 day this year. 2*29=58 so you save $58. 
• This pattern continues through December.

It's just that simple! A little savings every month and by the end of the year you have an extra $2,382.  The strategy may not work for everyone, but find one that works and stick to it.

This year your challenge is to make saving a priority!