As you might already know the Tick-a-week savings challenge starts on 1st January 2019.
This challenge is unique, scientific, and most importantly fun. It is based on the Progress Principle and the Habit Loop.
If you are wondering what this challenge is about Click here
The theory of this book is a deduction of a survey conducted by Dr Teresa and her associates on 238 employees across different companies and industries, via a daily diary where the progress of each day was recorded diligently.
(Click here to learn more about the Research Behind the Progress Principle)
Nearly 12000 days of data were analyzed to deduce that "The single most important event leading to positive inner work life is making progress in meaningful work, even seemingly incremental progress or “small wins.” This is the progress principle".
This is the same concept behind the fitness trackers, which help people track and record their activity, sleep, calories consumed, and calories spent throughout the day.
The following quote by Joseph Marshall sums up the whole idea;
"Success is rarely the result of one swell swoop, but more often the culmination of many, many small victories". Joseph M. Marshall III
To make this Habit Loop of Cue, Routine, and Reward possible, I have created a custom-made Excel template that allows you to Track and Tick your progress every week.
Click here to Join the Challenge & Download the Free Template
Using this template is very simple, you start by entering your annual income in the specific cell.
Once you have entered your annual income, the template will automatically calculate your monthly and weekly savings goals.
Save your weekly target every week, Track and tick your progress by ticking the box against each week, starting 1st January 2019 for 52 weeks.
Slowly but steadily you not only develop the savings habit but you also end up saving a substantial amount of money by the end of 2019.
Any challenge is more fun when you include friends and family. This challenge is no different, invite your friends, colleagues, and family to join us in this challenge and save more in 2019.