Grow a little each day and celebrate a lot at year's end.
A Bit of Effort Goes a Long Way
Want an easy way to save $1,378 a year? Join the 52-Week Challenge! This popular challenge is an incremental savings plan that encourages you to save a little cash each week. It’s a simple and manageable way to save towards your financial goals.
Here’s How it Works:
Starting today, put $1 in your piggy bank (or Savings Account).
One week from today, you’ll put $2 into your piggy bank.
The next week, you’ll deposit $3 into your piggy bank.
From today, for the next 52 weeks, you’ll deposit $1 more than you did the week before. When you’re done, you’ll not only have almost $1,400 saved up, but you’ll have successfully developed a great savings habit! See chart below.
Make it Fun
Create a support team and arrange a “buddy challenge.” Ask a friend or two to save alongside you so that you can support one another. Want more of an incentive? Plan to take a trip together with the money you’ve saved.
Tips and Tricks
Create a weekly automatic transfer for $26.50 to save at least $1,378 at the end of 52 weeks.
Keep the tracking chart in a place you look at every day as a reminder to save.
Switch things up by starting with $52 the first week and working your way backward.
If you have extra funds to contribute to your weekly deposits, do it!
Add a Savings Sub-Account
Visit a branch and speak to one of our representatives about adding a Savings Sub-account, specifically for your 52-Week Savings Challenge. This way you can easily track your savings and monitor your progress. Plus its free to open a sub-account.
Hear What Our Members Are Saying
"I have been a member for 20 years or so and I have nothing but positive things to say about you guys. We have used summer skip for a car loan, house loan, Summer Savings program and I am very happy with Foothill Credit Union."
Foothill Credit Union is a full-service credit union with California branches in Arcadia, Covina and Glendora.
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