Save! Save! Save! Goal for 2020

Hey Y’all Hey! Kijan ou Ye! How are you doing?

Welcome to February!

Last month, I told you all my plans for starting the 52-week savings challenge. So, I figured why not give you guys an update .

The challenge has been going pretty good for me so far. I decided to do the challenge in reverse so that at the end of the year I’m not struggling with adding my weekly amount due to the holiday’s.

Now when I initially started the challenge it was for me to start a nest egg for my future. What I did not take into account is emergencies, hospital bills, etc. I thought about it and realized that I didn’t want to reach into my nest egg for emergencies. So, I am now starting an emergency fund separate from my savings.

I figure $1,000 is a good start for an emergency fund. This way I can continue to see my savings grow without having to dip into it when something comes up. Because life happens. Things happen outside of our control and I would like to be somewhat prepared at least monetarily when it does happen.

My sister actually sent me this challenge and I went on pinterest to find it. It’s fairly simple. All it is, is saving at minimum $5 and maximum $20 here and there. Let’s be honest with ourselves, we can spend at least $20 everyday buying breakfast and lunch. I know for me I can easily spend $10 on breakfast alone. So instead of buying breakfast, I’ll put that money in my emergency fund and bring breakfast from home.

This savings journey for me is all about baby steps. I started with the 52-week challenge and now I’m adding the $1,000 emergency fund challenge. The goal of the emergency fund is to try and save up at least 3 to 6 months worth of my expenses. If you are like me and saving is hard but you love a challenge, then I challenge you to join me.

Add to a money jar or bank account.

You can do this daily or weekly or a combination of both.

I think I’ll start with a money jar for this challenge.

$1,000 Emergency Fund Challenge

If you are on a savings journey like me, keep at it! It will be worth it in the end!

Signing out,


18 Comments Add yours

  1. Kelsey Wolfe says:

    Love this plan! I’m literally the worst at saving. I have to put any money in an actual piggy bank because it’s not safe in my savings. 😂😭


  2. Lynyadia says:

    Saving is one of my goals for this year too! This is a really good idea. I think I’m gonna try it out.

  3. supal says:

    I’m definitely taking care of my finances this year because I’m saving up for property! Will be using your tips!

  4. kumamonjeng says:

    Your post has reminded me to start saving and start little and before we knew it, we could have some emergency fund ready.

  5. This post made me think about my saving goals for 2020. I didn’t really think much about the actual goal until now and I think having an emergency fund is a good idea.

  6. AprilNewlyMe says:

    I totally intended to do this in January but ya girl was all the way broke lmao 😆 after Christmas! But I think I’m gonna start this month. I really think this will truly help me!

  7. Ashley R says:

    When me and my husband travel, we always eat breakfast where we are staying. We buy groceries and cook it ourselves to save money.

  8. I’ve been seeing this idea a lot lately. I would love to try it. Can’t hurt to save.

  9. Lisa says:

    This year is all about saving for me, so this post couldn’t have come at a better time! Good luck on your goals!

  10. This is amazing I’m definitely looking for new ways to save money. I definitely want to try the $5 saving challenge. Thanks for sharing.

  11. I like your idea of saving small and not big, as this is a more practical and tested way. Having an emergency fund is so important and $1000 is a lot of money in the long run

  12. Monica Y says:

    What a great plan. I need to start some savings to be able to afford our trip to Europe next year, this looks like something we can do at home

  13. Jay A says:

    It’s so smart to set goals and milestones! I need to start dedicating myself to saving more as well.

  14. Norma says:

    I love the fact that I have already started putting my loose change in a jar. I loved your blog.

  15. So many great ideas on how to save up for money for future goals. Looking forward to something makes the process a lot of fun.

  16. Henrietta says:

    Oh this is such a great idea I’m inspired to join even though the first weeks are gone. 10-$20 is doable and adds up nicely.

    1. Yes! Go for it!

  17. Sarah conley says:

    Great plan! As a consultant I’m not part of any retirement savings plans so I’ve decided to make it a priority to add to my own Roth 401 twice a year, one in January and again in July, with a plan to put in as much as I can from my spending account. Saving is so important!

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