The 52-week method is a savings plan in which you save an incremental amount each week for a year.
You start by saving €1 the first week and increase by €1 each week, ending up with €52 in the last week:
- Week 1: you save €1
- Week 2: you save €2
- Week 3: you save €3
- ...
- Week 52: you save €52
At the end of the year, you will have saved a total of €1,378.
What if I can't save some weeks?
Don't worry. If the weekly automatic deposit fails, you can always top up the money manually at another time! Sometimes life gets in the way of our plans, but remember that every little bit counts. You can make up for it when you have money available again and keep moving towards your goal.
Can I start at any time of the year?
Yes! You can start the challenge at any time of the year, it doesn't have to be at the beginning of the year.