Chances are, we could all work on saving more money. And January is a great time to get started. So what is the 52-week money challenge?
Basically, during week one, put $1 in a saving account (or stashed away somewhere you won’t be tempted to reach into before the end of the 52 weeks). Whoever said ‘out of sight, out of mind’ was on point here. Week two, put away $2 and so on until week 52, i.e. on week 52 you’d be putting away $52.
Use this chart to see how your entire year will play out:
So, at the end of one year, you’d have $1,378 saved up! You can also do this backwards. For instance, on week 1, put in $52, then $51 and so forth until you put in just $1 on the last week of the challenge.
Let’s adapt this to Egyptian pound, shall we? If you’d like to save 13,780 LE in one year, go ahead and save 10 LE on week 1, 20 LE on week 2, and so on. Want to save more? Make it 20 LE increments. Less? 5 LE increments… hey, even half of 13,780 LE is a good chunk of cash.
Here are some people who have completed this challenge and have bragged about it on Instagram!