1st Month of the 2014 52 Week Money Challenge

Just so I'm accountable on my personal commitment to do this savings challenge. I decided that I will post my progress on a monthly basis in my blog. As of January 31, 2014 I have been able to set aside P420. That amount is actually the amount targeted for the week of February 8. I know it's a small amount but it does feel like an achievement to be able to stick to a plan. I can't wait til the end of the year when the amount is more substantial. I've read one blog before that  dismissed the benefits of this scheme but to me it seems to be working just fine. It may not work for everyone but I'd like to say that it works for me.