Skip to main content

saving money weekly

I came across a an idea called 52 Week Money Challenge. Let me share to you how it works. The idea is to save Php62,900.00 in 52 weeks(one year) and we start with only Php50.00.

What is it?

From the label 52 Week Money Challenge, it's a Challenge. It's about saving Money. It runs for 52 weeks (1 year). In a nutshell, you religiously save an increasing amount for the whole year.

How do you do it?

  1. For the first week, you save Php50.00.
  2. On the second week, you save the same amount as last week, which is Php50.00 - plus additional Php50.00. That's Php100.00
  3. On the third week, you save the same amount as last week, which is Php100.00 - Plus additional Php50.00. That's Php150.00
  4. On the fourth week, you save the same amount as last week, which is Php150.00 - Plus additional Php50.00. That's Php200.00
  5. You repeat the cycle for one year or 52 weeks.
  6. Enjoy your money.

Minimum Requirements:

  • Make sure you can wait for one year
  • You have an income for at least a year
  • You can afford to set aside the amount of the last week. If you are using Php50.00 as base, then that's Php2,600
Tips: 
  • Put it in a bank account to avoid the temptation of spending your money
  • Have a goal on how to use it when you are done. (eg. cellphone, project car, travel)
  • You can change the base depending on what you can afford. If you are a student you might want to start with Php10.00 or Php20.00
If you think this is not effective to you, then consider changing some of the parameters. Say, reverse it(which i am using). Start from the biggest amount(Php2,600). Or, if you have an erratic amount of income, then just choose what you can afford on the week. I'll be discussing this next time since i have just thought of it right now.

Happy Saving!
Labels:

Popular

Contextual Stratification - Chapter 21: No Theory of Everything

  The Most Seductive Dream There is a dream that haunts physics, philosophy, and the human imagination itself: one equation. One framework. One truth that explains everything. Einstein spent the last decades of his life searching for it, a unified field theory that would reconcile gravity with electromagnetism, that would show all forces as manifestations of a single underlying reality. He failed, but the dream didn't die. String theory arose promising eleven dimensions and one fundamental entity, vibrating strings from which all particles and forces emerge. Loop quantum gravity offered another path. M-theory suggested a framework encompassing all frameworks. The quest continues. Physicists still seek the Theory of Everything (TOE) the final equation that would subsume quantum mechanics and relativity, explain all particles and forces, predict all phenomena. The dream is powerful because it promises ultimate understanding. No more mysteries. No more competing frameworks. No more b...
Read more

Agile Transportation System (ATS) Values and Principles

Here’s a draft of the Agile Transportation System (ATS) Values and Principles. ATS Core Values Adaptability Over Rigidity - ATS prioritizes flexible route adjustments and dynamic scheduling based on real-time demand rather than fixed, inefficient routes. Availability Over Scarcity - There should always be an ATS unit available when and where it's needed, reducing wait times and ensuring continuous service. Efficiency Over Redundancy - Every unit must maximize passenger load without compromising speed and convenience, ensuring an optimal balance of utilization. Simplicity Over Complexity - Operations should be straightforward, avoiding unnecessary bureaucracy and ensuring seamless passenger movement. Continuous Improvement Over Static Systems - ATS evolves based on data and feedback, refining operations to enhance reliability and customer satisfaction. Customer Experience Over Just Transportation - The system is not just about moving people; it's about making their journe...
Read more

Prompt Analysis Using First-Principles Thinking (FPT)

Instead of memorizing existing prompt patterns, let’s break down Prompt Analysis from First-Principles Thinking (FPT) —understanding what makes a prompt effective at its core and how to optimize it for better AI responses. Step 1: What is a Prompt? At its most fundamental level, a prompt is just: An input instruction → What you ask the AI to do. Context or constraints → Additional details that guide the response. Expected output format → Defining how the AI should structure its answer. A well-designed prompt maximizes relevance, clarity, and accuracy while minimizing misunderstandings. Step 2: Why Do Prompts Fail? Prompts fail when: ❌ Ambiguity exists → The model doesn’t know what’s truly being asked. ❌ Lack of context → Missing background information leads to weak responses. ❌ Overloaded instructions → Too many requirements confuse the AI. ❌ Vague output expectations → No clear structure is provided. ❌ Incorrect assumptions about AI behavior → The prompt d...
Read more