Question Liam is saving money to buy a new bicycle. He currently has \( \$ 50 \) saved up. Each week, he adds \( \$ 10 \) to his savings. Liam wants to know how many weeks it will take for him to have \( \$ 100 \) total.

To find out how long it will take Liam to reach his goal, we can set up a simple equation. He currently has \( \$ 50 \) and adds \( \$ 10 \) each week. To reach \( \$ 100 \), he needs an additional \( \$ 50 \) (since \( 100 - 50 = 50 \)). Dividing that by the \( 10 \) he's saving each week, we get \( 50 \div 10 = 5 \). So, it'll take Liam 5 weeks to reach his goal! Reaching financial goals is not just limited to a new bicycle; it builds a sense of responsibility and budgeting skills! Whether it’s a video game, a new gadget, or even saving for future adventures, setting a savings target like Liam’s is a great practice for young savers. Plus, it's exciting to watch those savings grow!