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Saving $200 on $1 a week: how long it takes

With $1 a week split 50/40/10, the save jar adds $0.40 a week, so $200 takes 500 weeks, or 122 weeks with weekly interest from a parent.

$200 on $1 a week

Allowance a week
$1
Save jar a week (40)
$0.40
Save jar only
500 weeks (about 115 months)
With 2 in every 100 a week interest
122 weeks
Saving all of it
200 weeks

The same amount, in numbers

Every month (52 weeks / 12)
$4.33
Every year
$52
Spend jar (50)
$0.50
Give jar (10)
$0.10

TaskFamily splits the $1 into jars automatically and shows the goal date for $200 on your child's own screen.

Free for one household. Premium is $5.99 a month or $49 a year for the whole family, never per child.

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Every amount is worked out with the same functions as our allowance and savings goal calculators. Rules of thumb, not advice on what to pay. The guide text is drafted with AI from these numbers and checked automatically before it is published.

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