Knowing how to start saving money is tough, especially if you are already in debt or live paycheck to paycheck. But having an emergency fund is absolutely crucial. We built a simple tool that can help you when you don't know where to start.

How does it work?

See if you can figure this pattern out:

  • Week 1: Save $1
  • Week 2: Save $2 
  • Week 3: Save $3
  • ...
  • Week 52: Save $52

That's it. It is simple, and completely achievable. After 52 weeks, you will have saved almost $1400!

Total Savings Per Week

Savings Tips:

We've compiled a few savings tips as inspiration to help you get started. 

Cut your cable plan

It’s 2017! With a combination of Netflix, a local antenna, or Sling TV, you can easily watch all of your favorite shows live or recorded for half the cost. 

Cook at home

Dining out on a daily basis can add up. Consider cooking a few meals at home. Bonus tip: buy a coffee machine and bring your cup to work!

Shop smart

For large purchases, always check prices at multiple stores and look for coupons or promotions. Also, consider buying generic products — they are usually the same.

Find free events

Before you buy expensive concert tickets, look for free events. Sites like TimeOut often have a listing of free or cheap events.

Avoid fees

With careful planning, avoid paying fees like minimum balance, overdraft, ATM, or bounced checks. They can add up over time.


Once a year, you should spend a few minutes and call your phone carrier. Ask them if they have any special promotions that you can use. 

What problem are you attempting to solve?


In 2014, the Federal Reserve conducted a survey of 5900 adults on the topic of economic well-being. Forty-seven percent of respondents said they either could not cover an emergency expense costing $400, or would cover it by selling something or borrowing money.

It may be difficult for many families to save that kind of money but it is probably the most-important personal finance task. There can be emergencies of all kinds: medical bills, auto accidents, natural disasters, legal fees, etc. And paradoxically, when you can't pay for these costs, they become more expensive due to interest and other fees. 

The goal of this savings plan is simple: help build an emergency fund.