Once you know how much you need for your fund and the date when you need to reach your goal, you can divide by the number of weeks you have to save in order to get your weekly budget requirement. For example, if you need $2000 and you have 52 weeks to save, you would need $38.46 per week. This might help you save more money by spending your money more carefully in order to save the weekly requirement.
Want to find out how to find even more money in your budget? Be sure to check out all the articles in the your fund series.
I think this just simplifies it for me even a little more, I haven’t set a date yet but I’m continuing to buy the gift cards following your advice. I know I can do it this way if I just put a dollar amount on it weekly!! Time to pull out the couch cushions! Lol!
That is so funny…I was just thinking about doing this earlier today. I thought it would help us be sure to pay for our trip before we leave…going in Jan. 2013. Cannot wait! Thanks for the tip!