Swap-bot Time: November 19, 2018 8:26 am
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2018 SAVE MONEY CHALLENGE

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2018 SAVE MONEY CHALLENGE
Swap Coordinator:nsgrammy2012 (contact)
Swap categories: Challenges 
Number of people in swap:12
Location:International
Type:Type 3: Package or craft
Last day to signup/drop:December 31, 2017
Date items must be sent by:December 31, 2018
Number of swap partners:3
Description:

Do you have something big you want to save up for? This is the swap for you! I am not sure, but I just love having money in the bank ready for anything I might choose! What is your dream? Maybe you just want a bigger safety cushion, or you want to buy a piece of furniture...that's up to you!

So, here's what we are going to do.

1) In January, send a SWAP-BOT MESSAGE to your partners telling them what you are saving up for in loving detail, and, for fun, how you are going to do it (under the loose board in the bedroom, piggy bank, automatic withdrawal from the bank account...). MARK YOUR SWAP IN THE SUBJECT LINE - 2018 SAVING MONEY CHALLENGE so they know who the swap is from.

2) Beginning January, save an amount equal to the number of the week. There are 52 weeks in a year. So, for the first week we will save $1 (dollar coins are great for this!). For the twentieth week, $20 added to the cash cow. For the forty-second week, we will put $42 dollars in the stash...and well, you can do the math. It comes out to $1378 for the year, or $106 a month, if that math is easier for you. For overseas people, you can choose to do one of the following: save an equivalent amount in your local currency OR follow the concept of the swap and save 1 pound, rupiah, birr, dinar (insert your personal currency)...for the first week, 2 for the second, etc. You decide what works better for you.

IF YOU CANNOT AFFORD THIS LEVEL of saving but still want to participate, please just tell your partner what you are going to do. The amount is not the important part, but rather the encouragement to save whatever works for you financially. The above is a suggestion which is helpful to many and saves a nice chunk by the end of the year.

3)SWAP-BOT MESSAGE your partner by May 31, (I will try to send out a reminder to you), to your partners letting them know how it is going. Just a little update. MARK YOUR SWAP IN THE SUBJECT LINE - 2018 SAVING MONEY CHALLENGE so they know who the swap is from.

4) At the end of the year, send a SWAP-BOT MESSAGE to your partners and let them know how you did. How much did you save? Will you still do whatever it is you hoped to do originally, or has your dream changed? MARK YOUR SWAP IN THE SUBJECT LINE - 2017 SAVING MONEY CHALLENGE so they know who the swap is from.

PLEASE DON'T HIT THE SENT BUTTON UNTIL ALL THREE POSTS HAVE BEEN SENT TO YOUR PARTNERs AT THE END OF THE YEAR.

5) I would suggest that a 5 rating means the swapper sent you 3 MESSAGES THROUGH SWAP-BOT MAIL during the year.

Ideally JANUARY, end of MAY AND mid DECEMBER. SAVING GOAL ideally $1378 or more. However, we all have personal financial situations which may prevent that from happening. I think if the swapper makes a good faith effort to save, even if they don't get all the way to the amount, they should get a 5. The real point of the swap is to encourage people to save.

When you receive and/or send an update to your partner(s) please note it below the swap. Thanks!

I have marked it type 3 because of the commitment over a year. To join, you must have been a member for more than a year with regular participation in swaps. Ideally your profile will be well-filled and you will have completed at least 20 type 3 swaps.

This swap is a commitment in order to receive a 5 at the end you need to commit to complete the swap.

Swapbot member leilx let me host this swap in 2015, 2016, 2017 and I look forward to hosting it again in 2018.

Good Luck to everyone!!!!

Discussion

samjowers 12/25/2017 #

I did this last year and the year before! it totally works! I now have a new car!! I decided to reverse the number and saved $52 the first week...and then it just became easier to put more than a dollar each week as I got to the end of the year. and I opened a different account at an inconvenient bank for the money to be held at so I wouldn't just use the money without having to really work for it to get at it. what ever you have to do to trick yourself into saving it! my next goal: an art studio!!

samjowers 12/25/2017 #

I did this last year and the year before! it totally works! I now have a new car!! I decided to reverse the number and saved $52 the first week...and then it just became easier to put more than a dollar each week as I got to the end of the year. and I opened a different account at an inconvenient bank for the money to be held at so I wouldn't just use the money without having to really work for it to get at it. what ever you have to do to trick yourself into saving it! my next goal: an art studio!!

RooBaRoo 12/25/2017 #

I'm going to do it in reverse too. I'll go with the "dollar equivalent" idea. So, coming week, it will be ... 3330 INR approx. for me. I'll use a bank account for channelling my investments, & I'll put this amount there ... & be extra cautious NOT to withdraw any money from it ... which I sometimes tend to do when I am short on funds in the "household expenses" account! & I might "cash" this entry in August , if I go on a Europe trip :)

Happy New Year & All the Best, everyone!

Ganell 12/30/2017 #

I never tried this way. But I did do the save all my $5 bills and that worked for me to save for a vacation! But I'll try this one. Seems fairly easy... the hard part will be to not withdraw any! I like the idea of reversing the amount :). I will try to it this way but may not always be able to reverse the amount every week! I m going to be saving for a well needed and deserved vacation!

nsgrammy2012 01/ 3/2018 #

@Ganell you do what you think will work for you!

@Samjowers i like the idea of starting in reverse. I may consider doing that myself.

@Roobaroo give it a go and see what works for you.

Lucine 01/ 4/2018 #

January swap-bot message sent to my swap partners @nsgrammy2012 @Ganell and @Jeanellen

CANNEKCUL 01/ 5/2018 #

I also sent messages to my three swap partners. Γ°ΕΈβ„’β€šΓ°ΕΈβ„’β€šΓ°ΕΈβ„’β€š

Jeanellen 01/ 6/2018 #

Messages have been sent! My message was fairly long, so sorry in advance to those who receive it hehe. I wish everyone luck with their goals! Also Happy New Year! :)

nsgrammy2012 01/ 6/2018 #

Messages have been sent for January 2018 for me.

Thank you all for taking part and I hope you all have a very successful year. Don't let minor set backs throw you off. Life happens.

Ganell 01/ 9/2018 #

My January message detailing my plan for the 2018 savings challenge has been sent to my partners on 1/8/2028.

Good luck everyone!

nsgrammy2012 01/11/2018 #

I have heard from all three of my partners for the swap for the January as well.

CANNEKCUL 03/25/2018 #

1

Ganell 03/30/2018 #

March progress has been sent to each of my partners πŸ™ƒ

Lucine 06/16/2018 #

May update sent in June.

CANNEKCUL 07/ 3/2018 #

June update sent to my parters!

CANNEKCUL 07/ 3/2018 #

June update sent to my partners!

CANNEKCUL 09/29/2018 #

Hi All! Just messaged my partners. We’re almost done.

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