2021 is coming to an end and before you know it 2022 will be here! Time to reflect and have an honest conversation with yourself, ask yourself some serious questions!

  • Are you ending this year in the same position you ended 2020? With no savings and no clue where it all went, having to depend on credit cards to get you through the holidays and that long awaited January paycheck.
  • Are you beginning 2022 the same way you began 2021, in debt, frustrated, wondering why you can’t seem to break the cycle?

Christmas is approaching, a bittersweet time of year for many. Are you wondering how are you going to give your kids a beautiful Christmas? Are you going to max out your credit cards?  Good food, family time, laughs, and presents all represent the sweet. Maxing out your Credit cards, no Christmas savings, and the pressure to engage in buying presents, you know you can’t afford, represent the bitter.  Not having the courage to tell family and friends, you’re on a financial journey, can lead to repeated bad behaviors. The best gift you can give yourself is the “gift of not repeating old habits that lead you into debt”. The gift of financial freedom!  

If the above touches your soul, it’s time to make some changes! Don’t know where to start, no problem that’s what I’m for ? your personal Budget Buddy. Need a jump start, look at some of my personal favourite money challenges, I provided a few I think you might like, do them individually or with friends. Email me to get started! budget.buddy@outlook.com 

Saving Challenges for 2022

Friday challenge


Whatever the date Friday falls on, you save that amount.  There are a few ways you can play with it.

7+14+21+28 = 70 

14+28+42+56 = 140 (Friday date doubled) 

7+28+21+56 = 112 (Every other Friday doubled)

7+14+21+56 = 98 (Last Friday doubled) 

100 Envelope System 

Mark 100 envelopes in sets of 5 as per below – you should have 20 sets. There is a challenge for every budget you can do the challenge three times in a year.

Challenge One         
100 Envelopes/20 sets each10-50 5-25 2-10 1-5 
Double up Fridays         
Envelope #$ $ $ $ 
110 5 2 1 
220 10 4 2 
330 15 6 3 
440 20 8 4 
550 25 10 5 
  • You should have 20 sets per challenge / Pick the amounts that work best for you! 
  • Totals at end of challenge
 100 envelopes 1 time per year $3,000.00 $1,500.00 $600.00 $300.00 
100 envelopes 2 times per year $6,000.00$3,000.00$1,200.00$600.00
100 envelopes 3 times per year $9,000.00$4,500.00$1,800.00$900.00

Day of the Week Challenge 

Save the day of the week Monday to Friday, transfer that amount to a savings plan right before lunch each day! If you can buy lunch each day, you can save! 

Week 1:  3+4+5+6+7=25 saved! 

Week 2:  10+11+12+13+14= 60 saved 

Week 3: 17+18+19+20+21 = 95 saved 

Week 4: 24+25+26+27+28 = 130 saved 

Week 5: 31 saved! 

$310 saved in total for January and you’re on your way. 

Weekend savings 

Add up Saturday and Sunday dates and transfer weekly / bi- weekly or monthly 

January 2022 – $145.00

There are many ways that you can have fun with a monthly calendar the key is to pick one and stick to it discipline is key!

Please have a serious and honest talk with yourself review your budget and if you need someone to help you be accountable, disciplined and be there for you without any judgment on your journey to financial freedom, email at budget.buddy@outlook.com

Wishing everyone a safe Holiday and Happy saving in the New Year 

Budget Buddy


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