Fact Check: Saving A Quarter A Day For A Year Will NOT Get You $9100.25

Fact Check

  • by: Victoria Eavis
Fact Check: Saving A Quarter A Day For A Year Will NOT Get You $9100.25 Bad Math

If you save a quarter a day will you end up with $9,100.25 after a year? No, that's not true: If you save a quarter a day for a year you will end up with $91.25. Saving 25 cents a day, multiplied by 365 days in a non-leap year, yields $91.25, not $9,100.25. To reach that figure with compounding interest would require interest rates several hundred times higher than any in recent memory.

The claim appeared in a Facebook post (archived here) where it was published on November 20, 2019. The caption read:

A quarter a day for a whole year will get you $9100.25🤑

This is what the post looked like on Facebook at the time of writing:

Facebook screenshot

(Source: Facebook screenshot taken on Tue Dec 1 15:01:16 2020 UTC)


It would take over 99 years to accumulate $9,100.25 by saving a quarter a day. The sum of $9,100.25 divided by 25 cents equals 36,401 days, and 36,401 divided by 365 equals 99.728 years.

Several websites offer calculators by which to include compound interest. At calculators.org, one estimate indicates a year of saving .25 per day would yield $9,100.25 only at an annual interest rate of 651.8481 percent.

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  Victoria Eavis

Victoria Eavis is a fact checker at Lead Stories. She recently graduated from Duke University with a B.A. in Cultural Anthropology. In her last few months at Duke, she was a reporter for a student news site, The 9th Street Journal, that covers the city of Durham, North Carolina. 

Read more about or contact Victoria Eavis

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