52 week money challenge

A friend at work shared this challenge with me during the 1st full week of January. Sorry to say, only now,  is The Money Heifer sharing this info.

So here is how this work.  The first week of the year,  you set aside $1 as savings. The second week of the year, you set aside $2 as savings and your account balance is $3. The third week of the year,  you set aside $3 as savings and your account balance is $6.

In short for each successive week,  for example,  week 4, week 5, week 6, you set aside dollars that match that numerical week.
In 52 weeks,  you will have saved,  as prinicipal, $1,378.

Not bad.

And it’s not too late to start.

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