I’ll tell you: 66,795. In case you were wondering ;)
Doesn’t that seem like WAY more than you would have guessed? I got on this kick yesterday of doing a fun year-long giveaway for you guys (“$1.00 a day which would increase by another one each day for an entire year!) but sadly realized it would bankrupt me. Sorry… Perhaps after I make my first billion?
And before you ask, yes – I started counting it all out until I realized there had to be a much better way. Like asking my wife :) Who then Googled it and found the algebraic equation for us to solve 1-2-3. (My boy Jesse from YNAB sent me this awesome Wiki How article afterwards which is even better – for those interested in figuring it out: Sum the Integers from 1 to N)
But while we’re not gonna do an awesome giveaway around this today, I figured we might as well apply this new found knowledge in a different way.
So here are a handful of other (more smarter) uses for this formula:
- The 52 Weeks Savings Challenge. Instead of giving it away, SAVE $1.00 a week and then add another with each passing one until you end up with $1,378 at the end of the year! Kinda cool (and easy), as you might recall from earlier in the year when we happened to talk about this…
- Try saving a *penny* on top of each other every day. Which would net you a cool $667.95 if you can believe that. (Good idea, Chris Campbell)
- Use it to impress your friends who think you’re not that bright. (We all have those, believe me)
- And lastly, use it to prove to your parents that the internet contains more than just Facebook. I swear they think nothing good comes from the web sometimes…
I’m sure there’s a lot more you can do with it (any math majors out there?), but unfortunately my coffee has just ran dry and I’m now thinking on fumes… So on that note I think I’ll go before I say something dumb. Have a formulaic day out there!
[Photo by WikiHow]
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!