The challenge is quite straight forward,
I’ll be starting January the 1st 2011 with £50; and each month, I aim to double that money including covering all expenses.
So come the 1st of February I should have £100 and so on.
The year should look something like this.
January £50
February £100
March £200
April £400
May £800
June £1,600
July £3,200
August £6,400
September £12,800
October £25,600
November £51,200
December £ 102,400
Now I’m not fussed if by December I’m nowhere near £102,400; provided I’ve got more than £50 in the account, then I’ve not lost anything. Even just £10 profit would mean i’d gained more interest than any high street bank in the UK are aiming to pay me.
The only rules to follow are really simple;
Don’t break the law
Bad Karma is bad, so stay clear of it.