Biweekly Savings Challenge (Paycheck Challenge)
If you are paid every two weeks you get 26 paychecks a year. Put a slightly bigger amount aside from each one: $10 from the first, $20 from the second, up to $260 from the last — $3,510 in a year.
Loading your chart…
How it works
- Pick the step that fits your paycheck.
- On each payday, transfer that paycheck's amount before you spend anything.
- Tick it off here so you always know which paycheck you are on.
Tips that keep it going
- Two months a year have three paydays. Those "extra" checks are ideal for the biggest deposits.
- Automate the transfer for the day after payday.
Similar challenges compared
| Challenge | Saves | Length |
|---|---|---|
| 52 Week Savings Challenge | $1,378 | 52 weeks |
| 26 Week Savings Challenge | $3,510 | 26 weeks |
| Penny Challenge | $667.95 | 365 days |
| 30 Day Savings Challenge | $465 | 30 days |
| 12 Month Savings Challenge | $3,900 | 12 months |
| 100 Day Savings Challenge | $505.00 | 100 days |
Questions people ask
How much will I save with a biweekly challenge?
Twenty-six climbing deposits sum to 351 steps. $10 steps give $3,510; $20 steps give $7,020; $5 steps give $1,755.
What if I am paid twice a month instead of every two weeks?
Semi-monthly pay means 24 paychecks. Use the 12 month challenge twice a month, or just stop this chart at paycheck 24.