Need to save money? This challenge allows you to save almost 6 thousand euros per year.
Are you familiar with the 1 euro savings challenge? At the end of a year, you can accumulate a high amount! Find out how.
This savings challenge will allow you to save nearly 6 thousand euros annually.
Vacations are over and need to recover monthly budget accounts and saving habits? Pay attention to this challenge: start with 1 euro and progressively increase it over the days of the week.
This strategy is similar to others, but it will help you, at the end of the year, to accumulate a significant amount.
The challenge is shared by La Informacion Economica, in Notícias ao Minuto, and is titled "progressive technique of 1 euro".
In essence, it establishes that on the first day of the week start saving 1 euro, on the second, two euros, and so on for the rest of the week, in periods of 7 days.
"So, on Monday you save 1 euro, on Tuesday 2, on Wednesday 3 euros and so on until you reach 7 euros on Sunday. In total, every week you will save 28 euros, which means about 112 euros per month and a total of 1,456 euros per year", reads.
If you want to be more ambitious and aim to save a higher amount, you can also extend the challenge to a monthly period of 30/31 days, which will result in saving around 5,700 euros at the end of the year.
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