Time to Think $$$

christmas-moneyWe’re still getting our routine established for 2014 and Thursdays are my day!  I’ve planned my first Thursday post each month to be music and my second Thursday post to be about crafts, DIY, or home-made gift ideas.  This week, my third Thursday post, will be about money!   That’s right, money.  I might discuss how to get the most for your money.  Maybe it will be something about how to use your money? It could just be more hints on saving your money and planning for the holidays.  The Yule Log has had many posts about saving for the holidays and how to do it in a clever or fun way. Look back at one of our earliest posts from 2012- START NOW!  We’ve been thinking of ways to save since our beginning.   This week that’s exactly what I have for you another fun way to save.

52weekchallenge-lgToday’s idea you may have seen making the rounds on social media. It’s called the 52 week challenge.  The basic premise of the challenge is to set aside a specific amount of money EVERY week.  By taking the challenge you have almost $1,400 at the end of the year.  The popular version out there has you start the first week with putting aside $1.  The second week you put in $2, and so on through the end of the year.  This seems like a fun way to save.  Might be super fun for a family or a young couple to work in together.  I’m imagining a lot of excitement the first couple months as you put away just $5 or $10.  The struggle would be when you get to November and are putting away $45 or more a week.  Even the hardiest saver might find this to be a challenge and that fun-loving young couple will have moved on to new monetary pursuits.

52 week reverseHere’s the twist on the challenge that I support- reverse it!  Start the first week by putting away $52.  Then every week after you save a dollar less.  This means when you get to November you only have to sacrifice $5-$8 a week.  Anyone can do that!  You still end up with the same total at the end  but the “sacrifice” each week is not as high.  You might even decide to put in more that the required amount each week.  I’m going to try it as a new thing for 2014.  This saving coupled with my Christmas account and my $5 jar- I’ll be set for the whole holiday season!

 

Savings and Jars

This week we have mentioned how savings and jars both can be a big part of the Christmas season.  I wanted to share a book I read over the holidays that brought savings and the jar together.  The title of the book is Christmas Jars, a short novel from author Jason Wright.  The novel tells the tell of a young reporter and he quest to score the big feature story to break her career wide open.  She is searching for the origins of a mysterious jar full of money she received just when she needed it.  She discovers the history of the jar and so much more by the end of the story.  The book has lots of good lessons and makes you as the reader consider how you fit into a larger world at the holidays and throughout the year.  After reading the book I started my own Christmas Jar and am really looking forward to finding a recipient for it in December 2012.  Check out the Christmas Jars website for more information.

So tracking our uses for jars, so far we have blessings, wishes, and giving.  I think we might find a whole lot more as the months pass by!

 

 

 

Wanted to congratulate one of our readers, Marisa, for being the one to finally identify what a caganer is.  Might have to share more on this unique custom later in the year.  So far my oddest discovery of a Christmas tradition.