This looks like another great project!
A blog post from Kuripot Pinay on how someone can save almost Php 69,000 a year went viral on my Facebook wall today. The premise is simple: start the first week saving Php 50, and add the same amount every week for 52 weeks. At the end, a person will have Php 68,900.
Fifty pesos seems easy enough to keep weekly, but having to add fifty for 51 more weeks it means that every week from October onwards, you’d have to save at least Php 2,000 a week. Bigat!
So Emerald Ridao came up with modified table, showing how much you’d save with a base amount of Php 20 to a maximum of Php 100.
Saving Php 20, adding the same amount weekly, will yield a decent Php 27,560 at the end of the year. A thirty peso-base will…
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