At $10 per week: $238,351.

At $20 per week: $476,702.

At $40 per week: $953,404.

## How much is $50 a week for a year?

Converting $50 an hour in another time unit

Conversion | Unit |
---|---|

Yearly salary | $50 an hour is $97,500 per year |

Monthly salary | $50 an hour is $8,125 per month |

Biweekly salary | $50 an hour is $3,750 per 2 weeks |

Weekly salary | $50 an hour is $1,875 per week |

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## How much money should you put away a week?

In other words, you’ll save $1 the first week, $2 the second week, $3 the third week, and so on until you put away $52 in week 52.

What is the 52-week money challenge?

Week number | Weekly deposit | Total savings |
---|---|---|

Week 1 | $1 | $1 |

Week 2 | $2 | $3 |

Week 3 | $3 | $6 |

Week 4 | $4 | $10 |

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## How can I save $10 a day?

Small savings each day can add up over time. Saving $10 a day over a 50-year period amounts to $180,000, not counting interest. Add a 7% annual return, and that amount jumps to $791,335 in the same amount of time! While saving $10 a day may not sound too important, it’s actually a good way to set up your retirement.

## How much do you save doing the 52 week challenge?

There are no complicated rules to remember. Week 1, you save $1.00. Week 2 you save $2.00, and it continues through the year, adding one more dollar to each week’s savings goal. By Week 52, you’ll set aside $52.00, which will bring the year’s total savings to $1,378!