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Monday, October 29, 2018

$2,000 accumulation

Following off the strategy for $1,000 accumulation, reaching $2,000 does not require that much more effort or a change to the existing strategy.

Keeping the same variables in place, Player One just needs to work for 8.88 weeks at $7.50 hourly with 40 hour weeks. This assumes a weekly take home paycheck of about $225 (assuming 25% deductions from gross earnings).

This is the situation that a high school kid around the age of 16 or 17 can face during summer vacation.

With Summer being around 12 weeks long, a high school kid can reasonably accumulate $2,000 while living with parents and no real expenses to take care of.

This sort of strategy can be very useful for saving up for a first car such as a 90's Toyota or Honda.


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