If you’ve been participating in the 52-Week Challenge this year, you’re almost at the end of your year of saving. Congratulations! By now, the $1,378 sum — plus any dividends earned — should be well within sight. So what will you do with your savings?
Spend money on yourself
If you’ve saved up enough for a specific goal, now’s the time to reap the rewards of your hard work. Go ahead and use a little to splurge on yourself, then keep the rest in savings. Way to go!
Doesn’t saving feel good? So good, you might want to do it even more. Keep saving for a rainy day. You can also roll some or all of your savings into a Share Term Certificate and watch your money grow!
Donate your savings
Now may be a great time to give back. Make sure to take care in choosing where to donate your money, especially since donation requests increase at the end of the year.
Customize your next challenge
If you want to up the ante next year, try taking the Challenge in reverse. Start with a $52 savings deposit, instead of the traditional $1 opening deposit. You can double your deposit so the most you put in at one time is $104.
Pat yourself on the back for making real change in your life. Whatever your next savings move, you should be very proud of the work you’ve done so far!