How To Join The #52WeekChallenge TODAY!

As we approach mid-year, you may be looking at your finances and feeling the need to start saving before the year it is too far gone. You can join the #52WeekChallenge any day of the year, including today. This post is a quick guide on how to.

Step 1: Decide how much money you want to start with, and your weekly increments. An easy way to do this is to download the Money Box app, and input the figures you have in mind. Before you commit, the app shows you how much money you will have at the end of 12 months. The second thing you need to do is decide when you would like to complete the #52WeekChallenge. If you would like to catch up, i.e hit your goal by the end of this year, select 1st January 2019 as your start date, and if you want to go for 52 weeks starting today, then select today’s date.

Step 2: Set up your M-Shwari Lock Savings Account: If you have not activated M-Shwari, do so on your M-Pesa menu, using your M-Pesa Pin. Once it is activated, input your target amount, and the target period depending on when you would like to hit your savings goal. M-Shwari allows you to set up to 12 months.

Step 3: Start saving! If you would like to catch up and complete in December, you will need to do some heavy lifting, as we are now in week 22 of the Challenge. My advice is that you start off by saving what is due every week, then whenever you get a lump sum amount,  top up to make up for lost time. The Money Box Bulk Deposit feature makes it very easy for you to track how many weeks of catch up you have left.

Welcome to the #52WeekChallenge!