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  • FIRST POST
    • helejenkins1
    • By helejenkins1 29th Dec 16, 11:03 AM
    • 149Posts
    • 1,040Thanks
    helejenkins1
    The365 Day Penny Challenge
    • #1
    • 29th Dec 16, 11:03 AM
    The365 Day Penny Challenge 29th Dec 16 at 11:03 AM
    A friend of mine has just started this challenge on Facebook and I thought it seemed like a fun way of saving.
    I have started this thread to keep me motivated but if anyone wants to join me then please feel free to do so and I will start a challenger list.
    Also if anyone knows of a simular challenge then please point me in the right direction as I have searched and can't seem to find one.
    The idea of the challenge is that
    Day 1- Save 1p
    Day5- Save 5p
    Day 100- Save £1.00
    Day 365 Save £3.65

    By the end of the year you will have saved £667.95.

    I am not going to save in order of the day as it will get quite expensive as the year goes on but will do it according to the loose change I have at the time. I have started a spread sheet and will shade in each amount I have saved.

    Looking forward to meeting fellow money savers


    If you haven’t already, join the forum to reply!
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    Last edited by Former MSE Jessica; 06-06-2017 at 3:18 PM.
    £10 a day challenge 2017 Jan 2017 £358.80/£310 Feb £285.00/£280.00 March £68.10/£310.00
    £1 per day £89/£365
    Virtual Sealed Pot Challenge #17 £77.71/£200
    365 Day Penny Challenge £530.84/£667.95

Page 1
    • theresamum2
    • By theresamum2 29th Dec 16, 5:15 PM
    • 87 Posts
    • 455 Thanks
    theresamum2
    • #2
    • 29th Dec 16, 5:15 PM
    • #2
    • 29th Dec 16, 5:15 PM
    I'm doing this aswell and I'm not doing it in order either
    Mum to two girls chloe & Lily-Rose
    20p savers club 2017 member-87
    Sealed pot challenge 10 member-407
    365 day challenge £11.01/£667.95
    Saving for xmas2017 a pound a day member-62
    5p savers club 2017 member-5
    • helejenkins1
    • By helejenkins1 29th Dec 16, 6:04 PM
    • 149 Posts
    • 1,040 Thanks
    helejenkins1
    • #3
    • 29th Dec 16, 6:04 PM
    • #3
    • 29th Dec 16, 6:04 PM
    I hope can keep with it because its a great way of saving and keeping it fun.
    Good luck, lets hope we have the full amount at the end of the year.
    £10 a day challenge 2017 Jan 2017 £358.80/£310 Feb £285.00/£280.00 March £68.10/£310.00
    £1 per day £89/£365
    Virtual Sealed Pot Challenge #17 £77.71/£200
    365 Day Penny Challenge £530.84/£667.95

    • IrishRose12
    • By IrishRose12 29th Dec 16, 6:20 PM
    • 1,449 Posts
    • 6,211 Thanks
    IrishRose12
    • #4
    • 29th Dec 16, 6:20 PM
    • #4
    • 29th Dec 16, 6:20 PM
    We done this last year for our Florida holiday in July and it was great. I'm joining in again this year
    Pay all debt off by Christmas 2017 #57 £689.72/£1,500

    £1 a day challenge 2017 #66 - £160/ £365


    The 365 Day Penny Challenge #2 - £120/£650
    • helejenkins1
    • By helejenkins1 29th Dec 16, 6:34 PM
    • 149 Posts
    • 1,040 Thanks
    helejenkins1
    • #5
    • 29th Dec 16, 6:34 PM
    • #5
    • 29th Dec 16, 6:34 PM
    Hi Irishrose, is there an existing challenge somewhere I don't know about as I would love to join to keep me motivated, otherwise I'll keep this thread going.
    £10 a day challenge 2017 Jan 2017 £358.80/£310 Feb £285.00/£280.00 March £68.10/£310.00
    £1 per day £89/£365
    Virtual Sealed Pot Challenge #17 £77.71/£200
    365 Day Penny Challenge £530.84/£667.95

    • Litchielou
    • By Litchielou 29th Dec 16, 6:39 PM
    • 113 Posts
    • 600 Thanks
    Litchielou
    • #6
    • 29th Dec 16, 6:39 PM
    • #6
    • 29th Dec 16, 6:39 PM
    We put all loose change (20p or less) in an old whiskey gallon bottle and I have just counted and it came to £55 and this is from September. We don't miss this change wonder how much it will be if I left it for a year.
    • Kim_13
    • By Kim_13 29th Dec 16, 7:12 PM
    • 1,257 Posts
    • 1,644 Thanks
    Kim_13
    • #7
    • 29th Dec 16, 7:12 PM
    • #7
    • 29th Dec 16, 7:12 PM
    I'm thinking of getting a new phone in the new year so will be looking to use this as a savings vehicle for that purpose. I too won't be doing it in order so that I might have amassed enough part way through the year.
    Sealed Pot 10 #520 ~ ~£10/£100
    VSP 2017 #9 ~ £108.83/£250.00
    CCCC 2017 #1 ~ £200.95/£120.00
    • Talia1
    • By Talia1 29th Dec 16, 8:09 PM
    • 103 Posts
    • 670 Thanks
    Talia1
    • #8
    • 29th Dec 16, 8:09 PM
    • #8
    • 29th Dec 16, 8:09 PM
    I like this savings plan, it's doable and would fit into my Christmas budget, please count me
    £10 a day 2017 Jan-Sept £3327.88 Oct 11.75/£310
    365 Day Penny Challenge £1175.02/ £1800.00
    • mrshubbard
    • By mrshubbard 29th Dec 16, 8:31 PM
    • 175 Posts
    • 1,136 Thanks
    mrshubbard
    • #9
    • 29th Dec 16, 8:31 PM
    • #9
    • 29th Dec 16, 8:31 PM
    Sounds good, I wont be doing it in order and will just add to our quarter full whisky bottle - no idea how much is in but should come to a tidy sum by Christmas. Will have to make up a chart, I like a visual progress check.
    1 debt vs 100 days -£100/£1600
    Debtfree by Xmas17 #161 £100/£3286
    365 day penny challenge - £94.14/£667.95
    NST - 3/16 NSDs £140.16/£250 food 0/£60spends
    Debts - CC1-£4438.89 £4393.72 CC2-4560.38 £4160.38 CC3-£10,326£10,155.85 CC4 - £3286
    • helejenkins1
    • By helejenkins1 29th Dec 16, 8:49 PM
    • 149 Posts
    • 1,040 Thanks
    helejenkins1
    Great well I think theres enough of us to start our own challenge so I will go ahead and give us all numbers
    1. helejenkins
    2.Irishrose12
    3. Litchielou
    4.Kim_13
    5.Talia1
    6.MrsHubbard
    7. Welshkaren45
    8. Queeofcolouringandtea
    9. Tinks112
    10. theresamum2
    11. 2sonmum
    12. Tinah
    13. Jellie
    14. Jevvers
    15. Barnez
    16. focus888
    17. Honeysucklelou2
    18. Doris17
    19. Ladygri
    20. Pickle_99_uk
    21. 32b3



    Feel free to update when you like and I will keep a tally of how much we save throughout the year.

    Good Luck everyone.
    Last edited by helejenkins1; 31-12-2016 at 6:36 PM. Reason: Updated
    £10 a day challenge 2017 Jan 2017 £358.80/£310 Feb £285.00/£280.00 March £68.10/£310.00
    £1 per day £89/£365
    Virtual Sealed Pot Challenge #17 £77.71/£200
    365 Day Penny Challenge £530.84/£667.95

    • welshkaren45
    • By welshkaren45 29th Dec 16, 9:52 PM
    • 18 Posts
    • 141 Thanks
    welshkaren45
    Me too please xx
    Aiming to spend less,want less and need less.
    • Queenofcolouringandtea
    • By Queenofcolouringandtea 29th Dec 16, 10:07 PM
    • 6 Posts
    • 60 Thanks
    Queenofcolouringandtea
    I really like this idea! Can I join please? I have a jar and everything
    “Being happy doesn’t mean that everything is perfect. it means that you’ve decided to look beyond the imperfections.” – Unknown
    • Kim_13
    • By Kim_13 29th Dec 16, 10:20 PM
    • 1,257 Posts
    • 1,644 Thanks
    Kim_13
    I have an unused account with £1.00 in it so that will do nicely for the challenge. Gets me underway.

    Have added my number to my sig.
    Sealed Pot 10 #520 ~ ~£10/£100
    VSP 2017 #9 ~ £108.83/£250.00
    CCCC 2017 #1 ~ £200.95/£120.00
    • tinks112
    • By tinks112 29th Dec 16, 10:55 PM
    • 67 Posts
    • 538 Thanks
    tinks112
    please may i join you all on this challenge ?

    Many Thanks
    • theresamum2
    • By theresamum2 30th Dec 16, 1:26 AM
    • 87 Posts
    • 455 Thanks
    theresamum2
    U missed me helejenkins can I please join
    Mum to two girls chloe & Lily-Rose
    20p savers club 2017 member-87
    Sealed pot challenge 10 member-407
    365 day challenge £11.01/£667.95
    Saving for xmas2017 a pound a day member-62
    5p savers club 2017 member-5
    • 2sonmum
    • By 2sonmum 30th Dec 16, 7:08 AM
    • 19 Posts
    • 135 Thanks
    2sonmum
    Can I join please I have started this 2 days ago
    January Grocery Challenge £66.29/280
    Pay all your debt off by Xmas 2017#50 £0/9400
    Saving for Xmas 2017 £22/365
    Emergency fund challenge#215 £0/1000
    • tinah
    • By tinah 30th Dec 16, 8:04 AM
    • 43 Posts
    • 183 Thanks
    tinah
    This sounds like a good challenge to keep up with please add me in got my tin ready.
    The 365 penny challenge # 12 £6.96/£667.95
    • *Jellie*
    • By *Jellie* 30th Dec 16, 8:08 AM
    • 2,949 Posts
    • 13,371 Thanks
    *Jellie*
    This sounds like fun! I'll join too please. I'll have to get a spreadsheet ready and a jar.

    Well and truly fell off wagon!...2017 Womble #9 Gave up counting :-( Saving for Christmas 2017 #46 £250/ £520. 365 Day Penny Challenge in 2017 gave up! VSP 2017 # Gave up SPC 10. Stashbusting projects lost track! Crazy clothes challenge 2017 #12 £350/200.....oops!
    • Jevvers
    • By Jevvers 30th Dec 16, 8:47 AM
    • 636 Posts
    • 3,197 Thanks
    Jevvers
    Sounds good, please sign me up :-)
    Mortgage 1: £243,034 0.99%, i/o, ends May 2026 MFW date 20 Aug 2020
    Mortgage 2: £166,966 £159,066 0.99%, repaymt, ends Oct 2033
    Total: £402,100
    • helejenkins1
    • By helejenkins1 30th Dec 16, 9:34 AM
    • 149 Posts
    • 1,040 Thanks
    helejenkins1
    It's fantastic to see so many people up for joining me. I will definitely have to keep at it now I've started this. I'm in work at the moment but will update the challengers list when I get home.
    Good luck everyone.
    £10 a day challenge 2017 Jan 2017 £358.80/£310 Feb £285.00/£280.00 March £68.10/£310.00
    £1 per day £89/£365
    Virtual Sealed Pot Challenge #17 £77.71/£200
    365 Day Penny Challenge £530.84/£667.95

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