Answer:
1378
Step-by-step explanation:
once you’ve decided on your New Year’s resolutions, the best way to make sure you actually follow through is by developing a plan for how to accomplish your new goals.
For anyone with “saving money” at the top of their list in 2020, the 52-week money challenge is a simple and effective way to stay on track. And at the end of the year, you’ll have $1,378 extra dollars to bulk up your emergency savings or put towards next year’s vacation.
Take some time now to determine what, exactly, you want to save for so you’ll be more motivated to stay the course throughout the year. Once your savings goals are set, jump in and start saving with the 52-week money challenge.
What is the 52-week money challenge?
Using the 52-week money challenge, you should deposit an increasing amount of money each week for one year.
Match each week’s savings amount with the number of the week in your challenge. In other words, you’ll save $1 the first week, $2 the second week, $3 the third week, and so on until you put away $52 in week 52. You can also get creative with the amount you save each week if you’d like to save more over the year or you don’t have enough extra cash available for the regular challenge.
If you stick to this challenge throughout the entire year, you’ll save a total of $1,378.
WEEK NUMBER WEEKLY DEPOSIT TOTAL SAVINGS
Week 1 $1 $1
Week 2 $2 $3
Week 3 $3 $6
Week 4 $4 $10
Week 5 $5 $15
Week 6 $6 $21
Week 7 $7 $28
Week 8 $8 $36
Week 9 $9 $45
Week 10 $10 $55
Week 11 $11 $66
Week 12 $12 $78
Week 13 $13 $91
Week 14 $14 $105
Week 15 $15 $120
Week 16 $16 $136
Week 17 $17 $153
Week 18 $18 $171
Week 19 $19 $190
Week 20 $20 $210
Week 21 $21 $231
Week 22 $22 $253
Week 23 $23 $276
Week 24 $24 $300
Week 25 $25 $325
Week 26 $26 $351
Week 27 $27 $378
Week 28 $28 $406
Week 29 $29 $435
Week 30 $30 $465
Week 31 $31 $496
Week 32 $32 $528
Week 33 $33 $561
Week 34 $34 $595
Week 35 $35 $630
Week 36 $36 $666
Week 37 $37 $703
Week 38 $38 $741
Week 39 $39 $780
Week 40 $40 $820
Week 41 $41 $861
Week 42 $42 $903
Week 43 $43 $946
Week 44 $44 $990
Week 45 $45 $1,035
Week 46 $46 $1,081
Week 47 $47 $1,128
Week 48 $48 $1,176
Week 49 $49 $1,225
Week 50 $50 $1,275
Week 51 $51 $1,326
Week 52 $52 $1,378
