Document text
My 52-week savings challenge
One deposit a week, one box to tick
Saver: [YOUR NAME]
Goal: A$ [GOAL] · for: [WHAT IT'S FOR, E.G. A HOLIDAY]
How: going up — $1 in week 1, $2 in week 2 … $52 in week 52 = $1,378 · starting [DD/MM/YYYY]
No. Date Deposit Saved ☐ No. Date Deposit Saved ☐
1 [DD/MM] A$1.00 A$1.00 ☐ 27 [DD/MM] A$27.00 A$378.00 ☐
2 [DD/MM] A$2.00 A$3.00 ☐ 28 [DD/MM] A$28.00 A$406.00 ☐
3 [DD/MM] A$3.00 A$6.00 ☐ 29 [DD/MM] A$29.00 A$435.00 ☐
4 [DD/MM] A$4.00 A$10.00 ☐ 30 [DD/MM] A$30.00 A$465.00 ☐
5 [DD/MM] A$5.00 A$15.00 ☐ 31 [DD/MM] A$31.00 A$496.00 ☐
6 [DD/MM] A$6.00 A$21.00 ☐ 32 [DD/MM] A$32.00 A$528.00 ☐
7 [DD/MM] A$7.00 A$28.00 ☐ 33 [DD/MM] A$33.00 A$561.00 ☐
8 [DD/MM] A$8.00 A$36.00 ☐ 34 [DD/MM] A$34.00 A$595.00 ☐
9 [DD/MM] A$9.00 A$45.00 ☐ 35 [DD/MM] A$35.00 A$630.00 ☐
10 [DD/MM] A$10.00 A$55.00 ☐ 36 [DD/MM] A$36.00 A$666.00 ☐
11 [DD/MM] A$11.00 A$66.00 ☐ 37 [DD/MM] A$37.00 A$703.00 ☐
12 [DD/MM] A$12.00 A$78.00 ☐ 38 [DD/MM] A$38.00 A$741.00 ☐
13 [DD/MM] A$13.00 A$91.00 ☐ 39 [DD/MM] A$39.00 A$780.00 ☐
14 [DD/MM] A$14.00 A$105.00 ☐ 40 [DD/MM] A$40.00 A$820.00 ☐
15 [DD/MM] A$15.00 A$120.00 ☐ 41 [DD/MM] A$41.00 A$861.00 ☐
16 [DD/MM] A$16.00 A$136.00 ☐ 42 [DD/MM] A$42.00 A$903.00 ☐
17 [DD/MM] A$17.00 A$153.00 ☐ 43 [DD/MM] A$43.00 A$946.00 ☐
18 [DD/MM] A$18.00 A$171.00 ☐ 44 [DD/MM] A$44.00 A$990.00 ☐
19 [DD/MM] A$19.00 A$190.00 ☐ 45 [DD/MM] A$45.00 A$1,035.00 ☐
20 [DD/MM] A$20.00 A$210.00 ☐ 46 [DD/MM] A$46.00 A$1,081.00 ☐
21 [DD/MM] A$21.00 A$231.00 ☐ 47 [DD/MM] A$47.00 A$1,128.00 ☐
22 [DD/MM] A$22.00 A$253.00 ☐ 48 [DD/MM] A$48.00 A$1,176.00 ☐
23 [DD/MM] A$23.00 A$276.00 ☐ 49 [DD/MM] A$49.00 A$1,225.00 ☐
24 [DD/MM] A$24.00 A$300.00 ☐ 50 [DD/MM] A$50.00 A$1,275.00 ☐
25 [DD/MM] A$25.00 A$325.00 ☐ 51 [DD/MM] A$51.00 A$1,326.00 ☐
26 [DD/MM] A$26.00 A$351.00 ☐ 52 [DD/MM] A$52.00 A$1,378.00 ☐
Another goal changes the step: goal ÷ 1,378 (going up) or goal ÷ 52 (same every week), rounded up to the cent. The Excel file does it for you.
My promise
I put the money aside on the same day every week, as soon as I'm paid.
If I miss a week, I catch up the next week — the box stays empty until I do.
The challenge money lives in a separate savings account, not my everyday account.
At week 26 I check the total with [NAME OF MY SAVINGS BUDDY].
For the bank (same amount every week)
With the same amount each week you can set up a recurring transfer in your banking app: A$ [AMOUNT] every week from [DD/MM/YYYY] for 52 weeks, from your everyday account to [SAVINGS ACCOUNT NAME]. With 'going up' the amount changes every week, so move it by hand.
Signed: ________________________________ Date: ____/____/________
Arithmetic only: going up — week n × step, step = goal ÷ (1 + 2 + … + 52) rounded up to the cent ($1 × 52 weeks = $1,378); same every week — goal ÷ 52; reverse — the same deposits backwards. Not financial advice.