Savings Plan Calculator
Create and track money-saving challenges like the 52-week challenge
Design Your Savings Plan
Your Savings Plan Results
First Deposit: $1
Last Deposit: $52
Savings Progress Preview
Popular Savings Challenges
52-Week Challenge
Save $1 first week, increase by $1 each week
100-Day Challenge
Save $1 first day, increase by $1 each day
Bi-weekly $10 Challenge
Save $10 first period, increase by $5 each period
Monthly $50 Challenge
Save $50 first month, increase by $10 each month
Savings Challenge Tips
Start Small
Begin with amounts you can comfortably save
Automate Transfers
Set up automatic transfers to your savings
Track Progress
Visual tracking helps maintain motivation
Quick Challenge Math
52-Week Challenge
Week 1: $1, Week 52: $52
Total: $1,378
100-Day Challenge
Day 1: $1, Day 100: $100
Total: $5,050
26-Week (Bi-weekly)
Start $5, increase $2
Total: $780
Understanding Savings Plans and Money Challenges
How Savings Challenges Work
Savings challenges like the 52-week challenge help build consistent saving habits by gradually increasing the amount you save over time. This approach makes saving feel achievable while building substantial savings over the challenge period.
Types of Savings Plans
- •Daily Plans: Save every day for habits building
- •Weekly Plans: Most popular, like 52-week challenge
- •Bi-weekly Plans: Align with paycheck cycles
- •Monthly Plans: Higher amounts, less frequent
Arithmetic Sequence Formula
Total = n × (first + last) ÷ 2
- n: Number of periods
- first: First deposit amount
- last: Last deposit amount
Pro Tip: Start with reverse challenges (high to low amounts) during holiday months when expenses are typically higher.