Thursday, 2 January 2014

52 Week Rupee Challenge

It is everyone's attempt to save some money and do anything that they have long desired for. However, saving through the conventional methods become a bit boring. so here is something that one may give a shot, it's easy and takes very less to begin with, but ends with a fine sum at the end of the year.

In order to save properly and more, I'll be depositing the weekly amount in my "Post Office Savings Account" because doing so it easy, withdrawal is hard as they don't have ATMs.


52 Week Rupee Challenge x 10


This is interesting, very interesting and absolutely feasible. All you have to do is follow the above schedule for 52 weeks straight, by saving the exactly same amount of your money for the particular week you are at right now; according to the weekly calendar. For example, in the first week you would save INR 10, second week INR 20, and further on. So by the end of 52nd week of the year, you’ll have exactly INR 13,510 in your savings account. It doesn't seem all that huge, but it happens when you don’t tend to take it out of your earnings directly and only put it in the savings account or a box at home. 

Now the chart shown below is with a different amount, which is appropriate for serious saving enthusiasts.

52 Week Rupee Challenge x 100


Here you start with INR 100 in the first week and reach to a savings amount of INR 13,5,100.

Enjoy saving and spending!!!

~Raghu Raj Murmu

5 comments:

  1. I can't guarantee whether I can save money...but its sounds interesting!!!

    ReplyDelete
  2. Good thoughts on the dawn of a New Year! Will try definitely...

    Thanks.

    ReplyDelete