A friend posted this on Facebook, and I thought I would share! This looks so easy!
Quoting RoseWall:Hard to see this on my phone. What exactly is it?
In a nutshell: The first week of the year you put $1 in your savings account. Balance = $1. The second week of the year you put $2 in your savings. Balance = $3. The third week, you put $3 in your savings. Balance = $6. So on and so forth until the last week of the year when you put $52 in savings, balance will = $1378.00, not including any interest earned!
That is cool, but I don't think we couyld put the higher amounts of money in, but still, i would like to try this!
Quoting matreshka:That is cool, but I don't think we couyld put the higher amounts of money in, but still, i would like to try this!
it is a good idea, but when you get to weeks 20 and up, you are putting $100 a month or more. That is a bit much for me, but the general idea is good.
Quoting mybratsmom:I saw this yesterday and started doing it. I'm not sure how I'm going to scrape all the money together later on in the year but - no excuses - I'm going to try really hard to do it!!
I was thinking earlier...when I get really diligent about stockpiling on groceries, I can easily shave $100 a month off of my grocery bill. If I start now on the stockpile it should be pretty painless.
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