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> 52 week savings plan

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LittleMissPink
post 05/01/2013, 02:55 PM
Post #1
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The House of Pink
http://www.facebook.com/photo.php?fbid=475...e=1&theater

Found this online today, seems pretty simple and Im going to give it a go!

Week 1 $1
Week 2 $2
Week 3 $3

etc etc

In the end you should have roughly $1378 in the account, plus interest if you use a high rate savings account!
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emnut
post 05/01/2013, 03:04 PM
Post #2
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If I was doing it, I would go backwards to get higher interest (but then if doing that you may as well save the higher amount continually)
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ani1
post 05/01/2013, 03:14 PM
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"Always look upon every thing with doubt"
Wow that's a great idea, thanks op original.gif
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HeartMyBoys
post 05/01/2013, 04:53 PM
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I saw that too. It is a great idea, and very achievable too
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~J.E.S.S.I.C.A~
post 05/01/2013, 05:11 PM
Post #5
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Dont cry because it's over... smile because it happened
Definitely trying this!

Thanks OP original.gif
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mumtothreeboys
post 05/01/2013, 05:23 PM
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Will give this a go too.
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eyesabove
post 05/01/2013, 05:52 PM
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$26.50 a week will get you to the same principle amount and will earn you higher interest along the way.
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JECJEC
post 05/01/2013, 06:01 PM
Post #8
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QUOTE (eyesabove @ 05/01/2013, 06:52 PM) *
$26.50 a week will get you to the same principle amount and will earn you higher interest along the way.

Haha Thats what I told my brother when he showed me. : ) ....but if you are going to do it I agree with the pp start backwards with the $52.
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epg
post 05/01/2013, 06:05 PM
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I think the idea is to work upwards so you don't 'feel' the first few payments and give up.
If you can save $52 / week, why wouldn't you just keep it as $52 per week?
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Manda
post 08/01/2013, 02:35 PM
Post #10
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<img src=
yeah great for those who can afford to put away the high scale payments.
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