If you need a fresh financial start and want a practical way to get more money in your pocket, the 52-week Money Challenge could be your ticket to a nice family vacation (or that mommy makeover you thought you could never afford).
Stephanie Johnson, an entrepreneur, was recently named by Forbes magazine as having one of the most promising companies in 2013. How does the challenge work?
Johnson offered these additional savings suggestions:
Never spend change
Each day, put the coins from your pocket or purse in a jar. When the jar is full, wrap the coins and deposit them in your savings account. Save more by wrapping them yourself (or find a financial institution that does it for free). Do not use a machine at the grocery store to count your coins; it retains a fee.
Get a cash-back credit card and deposit the cash into a savings account
Always consider half of all "extra money" as savings; half of all tax refunds and gifts should be deposited into a savings account.
Always have something direct deposited into a savings account from your paycheck
Even if it is only $5, that's better than nothing, and it adds up over time.