T&T Toolsby Tidy & Tended

Answer

How does the 52-week money challenge work?

Save $1 in week 1, $2 in week 2 and so on up to $52 in week 52, for a total of $1,378 in a year. With $5 steps it’s $6,890.

Open the savings goal calculator

52-week chart (selected weeks)

52-week money challenge: deposit and running total
WeekSaveTotal so far
Week 1$1$1
Week 2$2$3
Week 3$3$6
Week 4$4$10
Week 8$8$36
Week 13$13$91
Week 17$17$153
Week 22$22$253
Week 26$26$351
Week 30$30$465
Week 35$35$630
Week 39$39$780
Week 44$44$990
Week 48$48$1,176
Week 52$52$1,378

Variations

  • Reverse: start with $52 in January, when budgets are fresher, and finish with $1 at the holidays.
  • $5 steps: $5 to $260 a week, $6,890 in all.
  • 26 paydays: $2, $4 … $52 on each biweekly payday, $702.

More questions

Where should the money go?

A separate savings account, so it isn’t spent by accident.

Can I start mid-year?

Yes: start at week 1 whenever you begin, or pick up at the current week number and catch up.

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