Yearly Savings Schedule

With the New Year comes new goals. One for us as a family, along with using our Budget Binder to help us to stay on track and pay off debt, is to start saving money too.

To help with this, and so it would not seem like such a big task I came up with a weekly chart to help save a little at a time instead of trying to do larger amounts every once in awhile. I actually saw this idea float around FaceBook a year or so ago and am excited to try it now.

A savings plan would be great for the kids to get involved in too. At a young age it can teach them discipline and self confidence.

To make your own Yearly Savings Plan you will need the same items used for the Budget Binder, at the very least a binder and these free printables. You can also use dividerspage protectorslaminator {yes I'm a dork and love mine} with poucheshole punch and pens.

The pages included in the Yearly Savings Plan are:
Binder Cover and Spin Slip {in 3 different widths}
3 Black and White pages
4 Colored pages

The first plan starts at $52 a week and every week decreases by $1. Total = $1378
Next, $25 each week {orange chart only}. Total = $1300
One for the kids that starts at $26 and decreases by $0.50 each week. Total = $689
Finally a blank sheet.

Pick a savings plan that works for you {in our case we are doing one for each of our girls as well}. Then decide on which day of the week you will put that money aside. There is a spot on the top to fill in a name on the charts, you know, incase you are doing more than one so you can keep them all straight. Follow the chart to create a savings for the end of the year. Right now we will be using ours to help pay of those yearly expenses that come up once a year or every few months.

If there is a certain amount you are trying to reach after a year of saving, use the blank form. For example, let's say you want to save $1500 by the end of the year. 

Simply take $1500/52 weeks = $28.846..... per week.

Fill in the cart and set aside $29 each week and that will be $1508 for the year.

I sure hope this helps you in coming up with a savings plan that will work best for you!

What are some of your goals this year? We seem to be focusing on financial and physical ones this year, yes I even got my husband to commit to it. Here is to a great 2016, I hope you achieve all you set out to do.

Here are some of my other binder printables

Check out our Moving Binder

Here is my Checklist for Weathering the Storms 


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