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Saving just 10 dollars a day would mean **$3,650 more each year** to invest in your future. Saving 20 dollars a day adds up to about $600 a month or $7,300 each year!

Save $1 a Day With No Interest

The calculations are pretty straightforward. After 50 years of saving $1 a day for 365 days a year, you would have **$18,250**.

If you just saved $5/day for forty years – no interest – you'd only have **$73,000**.

**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.

The Nickel Builder

Begin saving 5 cents on the first day, and increase the amount you set aside by a nickel each day: a dime, then 15 cents and so on for a year. The most you'll put aside is **$18.25 on day 365**. By then your pot will have grown to $3,339.75.

If you saved $5 a day for a month, you would have **$150**.

**Investing just $5 a day into an account with a 10% annual return could net you around $30,000 in 10 years, $330,000 in 30 years and $2.3 million in 50 years**. An account with a more modest 6.5% annual return could net you around $26,000 in 10 years, $168,000 in 30 years and $667,000 in 50 years.

Annual / Monthly / Weekly / Hourly Converter

If you make $5 per month, your Yearly salary would be **$60**. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 38 hours a week.

The 52 Week $5 Challenge helps you start saving money by giving you an attainable goal of saving $5 then increasing each week's savings amount by $5. **By the end of 52 weeks, you will have saved $6,890**!!

Little changes can make a BIG difference.

Saving just 10 dollars a day would mean $3,650 more each year to invest in your future. Saving 20 dollars a day adds up to about **$600 a month** or $7,300 each year! Save $7300 for 20 years compounded at 5% and you'll have $253,450—over a quarter of a million dollars!

Saving money is important. Here is one more example of how saving small amounts adds up over time. Saving $20 a week may not seem like much. However, it's **more than $1,000 per year**.

"It's **$2,600 a year**, but when you start adding in interest, it grows very quickly." For example, the Consumer Federation of America calculated that if you saved $50 per week every week for 40 years, you'd have $332,020 even if you invested it at a conservative rate of only 5 percent per year.

$100 a week is how much per year? If you make $100 per week, your Yearly salary would be **$5,200**. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 38 hours a week.

Living on One Dollar **About 1.1 billion people in the world survive on just $1 a day**.

If you're saving $5 a day for a single month, you would have **$150**.

If you make $300 per week, your Yearly salary would be **$15,600**. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 38 hours a week.

- Step 1 – Draw up a plan to save 5k in 3 months.
- Step 2 – Keep your savings separate.
- Step 3 – Save $5,000 in three months by shaving expenses.
- Step 4 – Get that money.
- Step 5 – Set Reminders.

- Create a Plan.
- Employer Contributions.
- Ask for a Raise.
- Save.
- Income Streams.
- Eliminate Debt.
- Invest.
- Improve Your Skills.

The One Minute Millionaire

**Practice imagining yourself enjoying an abundant lifestyle**. Spend less than you earn (pay yourself 10% of your income and put in an investment a ccount. Don't go into debt) Invest the difference (Put that 10% surplus into investments that can earn at least 10%)

**If you save $11-12 every weekday, for 52 weeks of the year**, you get about $3,000. Now, if you also eat out a lot for dinner, eating in for dinner would save you just as much. And if you eat out on weekends, your total amount saved by cooking for yourself could reach $7,500 or more.