Easy Weekly Savings Plan. Save $1,378 in 1 year.
I heard about this great simple way to save $1,378 over a years time. Each week you save the amount of money that corresponds with the week number. Example in week 1 you add $1 to your yearly savings. Some people put the money in a jar, an envelope or their bank account.
I didn't start this on the first week of January so that the week of the year is the week you are on. I started it in October. I think by starting it then you can complete it before the holidays. Another idea is to start it your birthday week. When you complete it the following year you have a birthday present for yourself or someone else.
Here are a few suggestions on what to do with the money:
-Use it to buy Christmas gifts so you don't go into debt.
-Donate it to your favorite charity.
-Pick someone else to give it to their favorite charity.
-Give it to a family in need.
-Use it to bring down your debt.
Here is how it works.
Week Amount to add to your savings Total Amount Saved
1 $1 $1
2 $2 $3
3 $3 $6
4 $4 $10
5 $5 $15
6 $6 $21
7 $7 $28
8 $8 $36
9 $9 $45
10 $10 $55
11 $11 $66
12 $12 $78
13 $13 $91
14 $14 $105
15 $15 $120
16 $16 $136
17 $17 $153
18 $18 $171
19 $19 $190
20 $20 $210
21 $21 $231
22 $22 $253
23 $23 $276
24 $24 $300
25 $25 $325
26 $26 $351
27 $27 $378
28 $28 $406
29 $29 $435
30 $30 $465
31 $31 $496
32 $32 $528
33 $33 $561
34 $34 $595
35 $35 $630
36 $36 $666
37 $37 $706
38 $38 $741
39 $39 $780
40 $40 $820
41 $41 $861
42 $42 $903
43 $43 $946
44 $44 $990
45 $45 $1,035
46 $46 $1,081
47 $47 $1,128
48 $48 $1,176
49 $49 $1,225
50 $50 $1,275
51 $51 $1,326
52 $52 $1,378
Have you heard of this? Have you done this? What did you do with the money at the end of the year?
Thanks for stopping by,
Mrs. Fife
