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)
| Week | Save | Total 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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