Did you set out to improve your personal finances this 2023? Adjusting your budget to meet your financial goals may seem like a difficult task, but it is certain that if you have the objective in mind and perseverance, it is certain that you will achieve it. On this occasion, we show you a challenge that will allow you to raise 24 thousand pesos in 20 weeks. Read on to find out.
In a traditional savings you can open a formal savings account in a bank branch, apart from allowing you to make new deposits so that the economic resources continue to grow. For this reason we suggest you follow the 20 week challenge, with this you will collect 24 thousand pesos.
A key to saving is to acquire a healthy financial habit that allows you to divide your money that arrives on a fortnightly or monthly basis, where you learn to send a part exclusively for your savings.
| Week | Input | Accumulated |
| one | 500 | 500 |
| 2 | 600 | 1100 |
| 3 | 700 | 1800 |
| 4 | 800 | 2600 |
| 5 | 900 | 3500 |
| 6 | 1000 | 4500 |
| 7 | 1100 | 5600 |
| 8 | 1200 | 6800 |
| 9 | 1300 | 8100 |
| 10 | 1400 | 9500 |
| eleven | 1500 | 11000 |
| 12 | 1490 | 12490 |
| 13 | 1480 | 13970 |
| 14 | 1470 | 15440 |
| fifteen | 1460 | 16900 |
| 16 | 1450 | 18350 |
| 17 | 1440 | 19790 |
| 18 | 1430 | 21220 |
| 19 | 1420 | 22640 |
| twenty | 1360 | 24000 |
| Total | 24000 |
With this payment model you will be able to sell the challenge, just pay close attention to the amounts that you will have to make week by week.
You can carry this table in a notebook or print it to have a physical reference and thus review the amounts that you have to pay to collect the desired amount in the estimated time.
You can start the savings challenge by preparing your piggy bank in a visible place so that you can commit to filling it. The initial amount is 500 pesos.
Then you can cross off the first box on the table, having made the first payment. After eight days you can present yourself with the second payment, 100 pesos more than the previous one. Little by little, and successively, the amount increases, until reaching week number 11, which is when the largest amount is disbursed, because after that point, the intensity relaxes, subtracting 10 pesos per shift.
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