Quantcast
Channel: UPTOWN Magazine
Viewing all articles
Browse latest Browse all 6567

Meet the Woman Behind the 52 Week Savings Challenge

$
0
0

UPTOWN_52_week_saving_challengeCourtesy of Black Enterprise

When a 47-year-old, 911 dispatcher went to sleep on Dec. 31, 2012, she was like many of us: a hard-working woman struggling to understand why after 23 years on the job she had nothing to show for it. Sluggish from working 53 hours of overtime the two weeks proceeding, Kassondra Perry-Moreland prayed that 2013 would be the year she changed the generational curse in her family, broke her bad habits and finally started saving the way she desired.

When Kassondra woke up on January 1, 2013, her prayer was answered. She stumbled upon an image that outlined a 52 week savings challenge. It seemed simple enough.  Each week you deposit the number of that week into a savings account. For example, the 1st week of 2013, you would deposit $1.00 into the savings account. Week 2, you would deposit $2. Week 3, $3 and so on. The largest deposit ends up being $52.00 and that will be the very last week of 2013. At the end, you would have amassed $1,378. Not bad if savings has always been a point of frustration for you. And if it hasn’t, you could always use it as an additional stream of saving. Kassondra knew she immediately would need to tell a few people to keep herself accountable, so she took to Facebook hoping to get a little support. “If I could get about 10 faithful people like my mom, sister, brother and few friends to keep me in check, I’d hit my goal,” she said.

Well, that was at 6 p.m. on Wednesday, Jan. 2. In 72 hours, Kassondra’s 52 Week Savings Challenge had become the hub for over 1,000 would-be savers searching for accountability and inspiration.

Continue reading at BlackEnterprise.com

UPTOWN_52_week_saving_challenge

Viewing all articles
Browse latest Browse all 6567

Trending Articles