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.
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To find out how many weeks Liam needs to save, we can set up the equation based on his current savings and weekly contributions. He starts with \( \$ 50 \) and adds \( \$ 10 \) each week. The goal is to reach \( \$ 100 \). We can express this mathematically as: \[ 50 + 10w = 100 \] where \( w \) represents the number of weeks. Solving for \( w \) gives us: \[ 10w = 100 - 50 \] \[ 10w = 50 \] \[ w = 5 \] So, Liam will take 5 weeks to save enough money for his new bicycle! To make saving more fun, why not create a colorful chart or a visual savings tracker? Each week, Liam can color in a section representing the \$10 he adds. Not only does this keep him motivated, but he’ll also see his goal visually come together, making each week feel rewarding! Also, it's essential to avoid thinking that saving is all about the big dollar amounts. Even small, consistent savings can lead to significant financial goals over time. Encouraging Liam to celebrate small wins, like reaching halfway to his goal, will keep his motivation high and reinforce positive saving habits!