The challenge works because each step is small and the progress is visible.
Ways to do it
- Classic: $1 in week 1, up to $52 in week 52, for $1,378.
- Reverse: start at $52 when motivation is high.
- Double it: $2 a week growing to $104, for $2,756.
Make it automatic
Move each week's amount to a separate savings account on payday.
Our savings challenge tracker checks off each week.
General information, not legal, tax or financial advice.
This article is general information, not legal, tax or regulatory advice. Rules change; confirm current requirements with the responsible agency or a licensed professional.