This talks about a technique in savings to achieve one's personal goal. Skills in personal finance will determine one's success in the future.

1. PAUL JOHN F. BARROSA, MBA | 2017
A Starter for 2017
A new year is here. A new era is about to unfold. There will be new journeys and, of course, new
experiences.
As for me, writing a blog is a new thing this 2017. This has been an idea since I graduated from the
University of the Philippines back in 2011, but due to certain constraints (like time and internet
connection) I have only realized it this year. Finally, I made it.
Now, procrastination can be productive. And to kick it off, allow me to share a tip for saving
substantial sum of money. This may be in preparation for the Holidays twelve months from now.
Time flies so fast. So better be prepared.
During times of procrastination, doing nothing but randomly surfing the Internet, I stumbled upon
Kuripot Challenge. It is a simple and easy exercise, though it may test your patience and
determination in the long run.
The challenge goes like this: [1] pick a base amount (i.e. Php 1, 5, 10, 20, 50 or 100), [2] start the
first week saving the base amount you chose, [3] add the same amount every week for 52 weeks,
and [4] never touch your savings until the last week.
Below are tables that show the amount you have to contribute per week and the total money you
will be able to save at the end. Of course, as with any challenge, the higher the difficulty, the better
the rewards will be.
A Mega Kuripot Challenge of Php 1 will yield Php 1,378. While Php 5 and Php 10 will result to Php
6,890 and P13,780, respectively. If you have extra cash, you can try the moderate Php 50 Kuripot
Challenge which will lead to a tremendous saving of Php 68,900. Treading the extra mile, a Php 100
base will produce a handsome reward of Php 137,800.
Many may ask: Why is the contribution per week graduated or compounded? In a quest or a game,
things become tougher the higher level. This is because a player is assumed to be accustomed to
the game play and is therefore ready to face more complex situations. It is also the same with the
Kuripot Challenge. Once you hurdled saving Php 50, you already know how to control your buying
impulse and cut down expenses. You already realize that not buying soft drinks, cigarettes, beer or
a Starbucks coffee is beneficial – both physically and financially.
Take note though, the Kuripot Challenge is between you and your goal (whatever you wish to buy).
If the graduated contributions become too taxing, there is no harm in sliding down bases/notches
or saving at a fix rate per rate. For instance, in Week 40 of the Php-50 base requiring Php 1,000
contribution, one may opt to slide down to the Php-35 base and just chip in Php 700. Another
alternative is to just save a steady amount of Php 500 per week.
In times you get a windfall, such as obtaining your 13th month pay, receiving a bonus or winning the
Lotto, you may deposit more to cover the other weeks or save in advance. Remember you have
taken the Kuripot Challenge for something that you really want. The end of the tunnel is both your
glimmer of hope and your destination.
If you wish that 2017 be a fruitful and productive year, have courage and take on the Kuripot
Challenge. Stop procrastinating, and just do it!

2. PAUL JOHN F. BARROSA, MBA | 2017
Week 1 5 10 15 20 25 30 35
1 1 5 10 15 20 25 30 35
2 2 10 20 30 40 50 60 70
3 3 15 30 45 60 75 90 105
4 4 20 40 60 80 100 120 140
5 5 25 50 75 100 125 150 175
6 6 30 60 90 120 150 180 210
7 7 35 70 105 140 175 210 245
8 8 40 80 120 160 200 240 280
9 9 45 90 135 180 225 270 315
10 10 50 100 150 200 250 300 350
11 11 55 110 165 220 275 330 385
12 12 60 120 180 240 300 360 420
13 13 65 130 195 260 325 390 455
14 14 70 140 210 280 350 420 490
15 15 75 150 225 300 375 450 525
16 16 80 160 240 320 400 480 560
17 17 85 170 255 340 425 510 595
18 18 90 180 270 360 450 540 630
19 19 95 190 285 380 475 570 665
20 20 100 200 300 400 500 600 700
21 21 105 210 315 420 525 630 735
22 22 110 220 330 440 550 660 770
23 23 115 230 345 460 575 690 805
24 24 120 240 360 480 600 720 840
25 25 125 250 375 500 625 750 875
26 26 130 260 390 520 650 780 910
27 27 135 270 405 540 675 810 945
28 28 140 280 420 560 700 840 980
29 29 145 290 435 580 725 870 1,015
30 30 150 300 450 600 750 900 1,050
31 31 155 310 465 620 775 930 1,085
32 32 160 320 480 640 800 960 1,120
33 33 165 330 495 660 825 990 1,155
34 34 170 340 510 680 850 1,020 1,190
35 35 175 350 525 700 875 1,050 1,225
36 36 180 360 540 720 900 1,080 1,260
37 37 185 370 555 740 925 1,110 1,295
38 38 190 380 570 760 950 1,140 1,330
39 39 195 390 585 780 975 1,170 1,365
40 40 200 400 600 800 1,000 1,200 1,400
41 41 205 410 615 820 1,025 1,230 1,435
42 42 210 420 630 840 1,050 1,260 1,470
43 43 215 430 645 860 1,075 1,290 1,505
44 44 220 440 660 880 1,100 1,320 1,540
45 45 225 450 675 900 1,125 1,350 1,575
46 46 230 460 690 920 1,150 1,380 1,610
47 47 235 470 705 940 1,175 1,410 1,645
48 48 240 480 720 960 1,200 1,440 1,680
49 49 245 490 735 980 1,225 1,470 1,715
50 50 250 500 750 1,000 1,250 1,500 1,750
51 51 255 510 765 1,020 1,275 1,530 1,785
52 52 260 520 780 1,040 1,300 1,560 1,820
TOTAL 1,378 6,890 13,780 20,670 27,560 34,450 41,340 48,230
Paul John F. Barrosa, MBA © 2017

3. PAUL JOHN F. BARROSA, MBA | 2017
Week 40 45 50 60 70 80 90 100
1 40 45 50 60 70 80 90 100
2 80 90 100 120 140 160 180 200
3 120 135 150 180 210 240 270 300
4 160 180 200 240 280 320 360 400
5 200 225 250 300 350 400 450 500
6 240 270 300 360 420 480 540 600
7 280 315 350 420 490 560 630 700
8 320 360 400 480 560 640 720 800
9 360 405 450 540 630 720 810 900
10 400 450 500 600 700 800 900 1,000
11 440 495 550 660 770 880 990 1,100
12 480 540 600 720 840 960 1,080 1,200
13 520 585 650 780 910 1,040 1,170 1,300
14 560 630 700 840 980 1,120 1,260 1,400
15 600 675 750 900 1,050 1,200 1,350 1,500
16 640 720 800 960 1,120 1,280 1,440 1,600
17 680 765 850 1,020 1,190 1,360 1,530 1,700
18 720 810 900 1,080 1,260 1,440 1,620 1,800
19 760 855 950 1,140 1,330 1,520 1,710 1,900
20 800 900 1,000 1,200 1,400 1,600 1,800 2,000
21 840 945 1,050 1,260 1,470 1,680 1,890 2,100
22 880 990 1,100 1,320 1,540 1,760 1,980 2,200
23 920 1,035 1,150 1,380 1,610 1,840 2,070 2,300
24 960 1,080 1,200 1,440 1,680 1,920 2,160 2,400
25 1,000 1,125 1,250 1,500 1,750 2,000 2,250 2,500
26 1,040 1,170 1,300 1,560 1,820 2,080 2,340 2,600
27 1,080 1,215 1,350 1,620 1,890 2,160 2,430 2,700
28 1,120 1,260 1,400 1,680 1,960 2,240 2,520 2,800
29 1,160 1,305 1,450 1,740 2,030 2,320 2,610 2,900
30 1,200 1,350 1,500 1,800 2,100 2,400 2,700 3,000
31 1,240 1,395 1,550 1,860 2,170 2,480 2,790 3,100
32 1,280 1,440 1,600 1,920 2,240 2,560 2,880 3,200
33 1,320 1,485 1,650 1,980 2,310 2,640 2,970 3,300
34 1,360 1,530 1,700 2,040 2,380 2,720 3,060 3,400
35 1,400 1,575 1,750 2,100 2,450 2,800 3,150 3,500
36 1,440 1,620 1,800 2,160 2,520 2,880 3,240 3,600
37 1,480 1,665 1,850 2,220 2,590 2,960 3,330 3,700
38 1,520 1,710 1,900 2,280 2,660 3,040 3,420 3,800
39 1,560 1,755 1,950 2,340 2,730 3,120 3,510 3,900
40 1,600 1,800 2,000 2,400 2,800 3,200 3,600 4,000
41 1,640 1,845 2,050 2,460 2,870 3,280 3,690 4,100
42 1,680 1,890 2,100 2,520 2,940 3,360 3,780 4,200
43 1,720 1,935 2,150 2,580 3,010 3,440 3,870 4,300
44 1,760 1,980 2,200 2,640 3,080 3,520 3,960 4,400
45 1,800 2,025 2,250 2,700 3,150 3,600 4,050 4,500
46 1,840 2,070 2,300 2,760 3,220 3,680 4,140 4,600
47 1,880 2,115 2,350 2,820 3,290 3,760 4,230 4,700
48 1,920 2,160 2,400 2,880 3,360 3,840 4,320 4,800
49 1,960 2,205 2,450 2,940 3,430 3,920 4,410 4,900
50 2,000 2,250 2,500 3,000 3,500 4,000 4,500 5,000
51 2,040 2,295 2,550 3,060 3,570 4,080 4,590 5,100
52 2,080 2,340 2,600 3,120 3,640 4,160 4,680 5,200
TOTAL 55,120 62,010 68,900 82,680 96,460 110,240 124,020 137,800
Paul John F. Barrosa, MBA © 2017