After reading @Eirolfeam2 's post, I've decided to try this challenge myself. Besides, I like saving money a lot, so I want to partake in this new peso challenge starting next year on the first Wednesday of 2021.
The only difference between @Eirolfeam2' s and mine is that I would just stick to at least 1K weekly or more, depending on how much I could save for each week. And since there are 52 weeks in 2021, there could be a chance that I could save at least 52K pesos if I get to complete everything before the year ends.
Honestly, I've never done more than 20K-savings in a year before, so this is indeed a challenging one for me. Challenging in the sense that I don't earn a lot, and I have responsibilities too. Luckily, I only have 1 debt, and that's payable for just 4 months. Plus my loans are about to be settled in 2 months, so I'm positive about this new challenge that I can pull off. I will no matter what.
But since I don't hold cash, I will just save it directly to my savings account. That way, I won't get tempted to withdraw even just a bit. That will also give me a little interest, so it's better to save it directly to the bank rather than keeping it on hand.
I know some people would say, you should invest your money in crypto, but I won't. Since I'm still new in the crypto world, and there's a lot to be learned, I prefer not to invest my money in something that I'm not so good at just to keep it safe (for now). I will still invest in crypto, though, using my earnings from this platform and from mining too. But, of course, it will vary depending on the future outcome. For now, I will just stick to the plan, and that's to save all my hard-earned money to my savings account.
So I urge you guys to do this challenge too. There's a lot of peso challenge out there that suits your income. If you earn a lot, 100K will be a good one. That means you need to save 2K weekly. But if you earn a little like me, just opt for the 1K weekly or something lesser. Just be sure that once you're in, you will take this challenge seriously.
I believe that no matter how little or big you earn, one must learn to save money for the future. And never underestimate the power of peso coins because they are a lot better than nothing at all.
For now, I don't have the template, but I will make one after this article. I will also show you the template in my next article. Again, I urge you to try this.
So, who's with me?
**All photos are free images from Unsplash.
Well I'm still planning on trying out other platforms by the holiday break. I'll make it a point to start on the very first day of the year. Maybe start small and go for 50 a day since I have sisters to support ;;-;;