“52 week savings challenge”: With this simple method you can save really easily in 2025

“52 week savings challenge”: With this simple method you can do it in 2025reallysave easily

There are many reasons why so many young people turn to simple savings methods like this“52 week savings challenge”grab. Saving money is difficult at the moment - especially if you are still in training, are a young professional and/or not particularly highhas available. After all, we live in times of high inflation, risingand almost oppressively expensive apartment rents.

As part of a study by theFederal Association of German BanksFrom 2024 it becomes clear that Gen Z's savings behavior is not catastrophic, but can be improved: three out of four of those surveyed (75 percent) think it is important or even very important to deal with money issues - but only a little more than half do of respondents (56 percent) save regularly, another 28 percent only save “every now and then”.

Luckily, there are some money-saving methods that are surprisingly easy to try - even if you don't have much moneywhite. The “52 week savings challenge” is a savings plan that is simple and easy to implement (especially during this financially difficult time of year) and with which you can save over 1,300 euros in 2025.

How does the “52 week savings challenge” work?

The idea is that every week of the year (which as we know has 52 to 53 weeks) you transfer an amount into your savings or money market account (on any day of the week, whichever suits you best). The amount increases by 1 euro every week, so it's easy to remember. So in the first week you transfer 1 euro, in the second week 2 euros and in the 52nd week 52 euros.

The total amount you can save during this challenge is significant –1378 Euro. The challenge, in turn, is that the financial burden continues to increase as the amount increases every week - but you have enough time to prepare for it through your own budget planning.

This also means that at the beginning of the year (and the start of the challenge) only very small amounts need to be saved, which gives you the opportunity to slowly build up to saving at a time of year when things often look poor financially. method to be able to approach it.

How can I make sure I stay on track with the 52 week savings challenge?

Challenges and resolutions are always a great idea at the beginning of a new year when you are still fresh and motivated about the next 365 days. But keep it up all year long when unforeseen expenses arise? That is the real challenge.

Here are some tips on how to save consistently.

Set a savings goal

By this we don't mean that you set an amount x as a goal, but rather that you think about how you would like to spend the money you save on at some point. Is it for one? To start a house/apartment down payment? For a sabbatical? Or simply for an extensive one-Stroll? Whatever it is, an experience or an output that you are aiming for in the future - visualize concretely,for whatexactly what you save will motivate you and keep you going.

Track your progress

It's like any challenge - you're most motivated when you can see how far you've come. Continuous progress provides the necessary motivation to keep going. Whether you use a financial tracking app, write your goals on a post-it note and hang it on the bathroom wall, or create a spreadsheet. The main thing is to visualize the progress including increasing account balance.

Plan ahead

It can be helpful to set the savings amount x per month in advance (and not every month/week). This way you are less tempted to spend the money during the month.

If necessary, cancel – or reverse the challenge

If you don't like the idea of ​​saving larger amounts at the end of the year than at the beginning of the year, you can of course change the order: So save 52 euros in week 1 and 1 euro in week 52. Or in the worst case of emergency: simply cancel your weekly amount.

Involve family and friends

Regardless of whether they want to join in themselves or just want to support you, letting your loved ones share in your efforts can give you additional motivation to stick to the savings ball.

How can the “52 week savings challenge” help me save better and plan my budget?

Sure, it takes a lotwhen it comes to putting money aside to save. However, it can be successful if – as with the “52 week savings challenge” – you start with small amounts and carefully increase them little by little.

It is also said that it takes three weeks to develop a new habit - 52 weeks of making saving a habit can help you save larger budgets more consistently in the future.

This article was prepared with text passages from our GLAMOR colleagues from the UK.