02.12.2021

SEVEN CHALLENGES FOR SAVING MONEY IN 2022

Did you know that if you want to save BGN 50 in a given month, it means that you need to set aside BGN 1.66 per day. In case you want to save BGN 100 per month, the amount is double - BGN 3.33 per day. Do you want more similar examples? Both at the end of each year and this year, we will present you several challenges to save money. We start with the smallest amount and move on to the more difficult tasks. Which challenge did you choose?

BGN 668 for the year

Everyone, even people working on the minimum wage, can meet this challenge. It is so easy. Start with BGN 0.01 a day and increase by another 1 stotinka every 24 hours. Thus, on the last day of the year you will have to set aside BGN 3.65. In total for the year this makes BGN 667.95.

BGN 1,378 for 2022

The year has 52 weeks. If in the first week of the year you save BGN 1, and in the second - two, etc., then at the end of the year you will have BGN 1,378. The amount may be enough for a vacation, a new phone, or repaying part of your loans.

BGN 2,425 for 52 weeks

Start with BGN 5 per week and every 7 days increase by another BGN 5 until reaching BGN 95. Instead of adding BGN 100 next week, go back to BGN 5 and start over.

BGN 2,766 for the year

And how about starting with BGN 2 per week and increasing with a new BGN 2 every 7 days. In other words, on the fifth week you will have to save BGN 10, and on the 20th week - BGN 40. In the last week of the year you will have the difficult task of setting aside BGN 108.

BGN 1,000 for the quarter, BGN 4,000 for the year

Given that you need BGN 1,000, you should know that the amount can be saved for 12 weeks, in which you spend BGN 84 each. This makes BGN 1,008 or BGN 4,032 for the year, if you think the challenge is worth it.

BGN 5,200 for the year

It may be difficult to save BGN 100 per week, but at the end of 2022 you will definitely be satisfied. 52 weeks pass quickly, and you will have a good amount to start an investment portfolio.

Only for professionals: BGN 10,000 per year

Given that you have a higher income, you should know that it is good to have savings, with which you can spend 6-8 months without work. The emergency fund can be replenished in a few months or a year or two. We challenge you to save BGN 125, 150, 175 and 300 every four weeks. Thus, at the end of the year you will have the round sum of BGN 10 thousand.