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  • FIRST POST
    • claireyfairy82
    • By claireyfairy82 29th Dec 17, 12:38 PM
    • 105Posts
    • 1,347Thanks
    claireyfairy82
    Save a penny a day 2018
    • #1
    • 29th Dec 17, 12:38 PM
    Save a penny a day 2018 29th Dec 17 at 12:38 PM
    Hi all


    I'm planning on following the penny a day challenge again this year, as it really kept me motivated to save. Below is the link to the thread from last year.

    http://forums.moneysavingexpert.com/showthread.php?t=5578213


    The basic idea is that you save:


    1p on the 1st of January
    2p on the 2nd of January
    ...
    £3.65 on the 31st December


    Your total at the end of the year would be £667.95.


    Personally I tend to mix the days up a bit more, i.e if I have £2.52 in my purse that's what I put in that day. I also found it a bit easier to try and get some of the larger amounts scored off towards the beginning of the year.


    Please feel free to join in.
    JAN - £127.56/£250 NSD-8
    FEB - £0/£200 NSD- 0
    Penny a day challenge #001: £127.06/£667.95
Page 2
    • Black taxi
    • By Black taxi 4th Jan 18, 6:56 PM
    • 57 Posts
    • 153 Thanks
    Black taxi
    Ok, I am home and have worked out my figures....
    I am up to date until 13th March and have taken 6 days off the end of the year....as you may have worked out I am a taxi driver so I am trying hard to save my tips and use them towards this challenge in order to complete it.
    How I am planning on tackling the bigger daily payments at the end of the year is to (hopefully) have enough to make my next days payment, 26p for example, then use any extra to reduce a days payment in December, this is how I have managed to take 6 days off at the end so far....(also enabling me to cash out before Xmas)
    I am currently on £48.03 and 286 more days to cross off
    I do not work weekends when tips could be higher

    In addition, I am also doing the exact same challenge to my savings account but doing it properly so currently on 10p!! so...IF i manage to complete my tin challenge before the time is up, I then hope to be able to continue on adding to my bank challenge so I can double my total but I shall see how it goes.
    This is the only money saving plan I am trying this year so I am VERY keen to reach my goals.

    Sorry for the long post....happy penny hunting
    1p a day challenge TIN £106.96/667.95 . 270 payments to find.....1p a day challenge BANK 91p/667.95
    • Black taxi
    • By Black taxi 4th Jan 18, 7:30 PM
    • 57 Posts
    • 153 Thanks
    Black taxi
    Sorry for popping up again but looking at my chart I am trying to formulate a plan...
    I am 17 days away from needing to put at least £1 a day in the tin, am thinking I need to try and make all my squares under £1 throughout the year to make it a bit more achievable....I
    1p a day challenge TIN £106.96/667.95 . 270 payments to find.....1p a day challenge BANK 91p/667.95
    • klbooth
    • By klbooth 4th Jan 18, 9:01 PM
    • 51 Posts
    • 158 Thanks
    klbooth
    Hi I would like to join in if possible please. Will get my self sorted but will probably do as others have said and mix it up a bit to avoid the lions share landing near Christmas time.
    • Buffythedebtslayer
    • By Buffythedebtslayer 4th Jan 18, 9:58 PM
    • 14,990 Posts
    • 48,644 Thanks
    Buffythedebtslayer
    I am going to open an Post Office Account and pay in each weekend, but am going to do the most expensive bits first so that will be a transfer.

    I think there is a website with a spreadsheet for this challenge? Skint Dad is ringing a bell..
    Penny a day Challenge, Frugal living challenge, £1 a day challenge, VSP challenge, Sealed Pot Challenge.
    • claremylove
    • By claremylove 5th Jan 18, 9:07 AM
    • 156 Posts
    • 324 Thanks
    claremylove
    I also work backwards so have been paying my highest amounts first which leaves me the lower amounts when times are a bit tight or towards the end of the year. Having said that, I've just added a whole 9p to my pot!
    *Proud to be dealing with my debts*
    £2 saving club 2018 #20 £36 (2014 £176; 2015 £568; 2016 £604; 2017 £640)
    Saving for Xmas 2018 #80 31/365
    £1000 emergency fund challenge #232 100/1000
    Save a penny a day 2018 #5 £7.93 /£667.95
    • Jelllibeanz
    • By Jelllibeanz 5th Jan 18, 12:49 PM
    • 138 Posts
    • 330 Thanks
    Jelllibeanz
    Finally managed to print off my little tick box chart so I can see how I've done so far. Really looking forward to going home after work and counting up my little penny piles to see the progress we've made.
    Aiming for more consistency in 2018
    Mortgage '09 = £103k Feb '17 =£79.9k, Aug 17 = £69k
    #105 £460/£3520 credit card at 0%, #10 penny a day challenge £12/£667
    Wombling Our Way to Wealth 2018 £35.39,
    • claireyfairy82
    • By claireyfairy82 5th Jan 18, 12:51 PM
    • 105 Posts
    • 1,347 Thanks
    claireyfairy82
    Welcome on board Black taxi & Klbooth.




    I added £10 yesterday I found folded in receipts in my mobile phone cover.
    Last edited by claireyfairy82; 05-01-2018 at 12:53 PM.
    JAN - £127.56/£250 NSD-8
    FEB - £0/£200 NSD- 0
    Penny a day challenge #001: £127.06/£667.95
    • IrisViolet
    • By IrisViolet 5th Jan 18, 4:54 PM
    • 91 Posts
    • 1,762 Thanks
    IrisViolet
    Can I join please? I've already started this. I've a printout in my diary and can colour each amount when I put it in my pot
    I'm just choosing amounts at random to mix up the high and low amounts x
    • klbooth
    • By klbooth 5th Jan 18, 5:21 PM
    • 51 Posts
    • 158 Thanks
    klbooth
    Ooh, lucky #13 I have done 5 random days and am now £10.47/£667.95
    • Black taxi
    • By Black taxi 5th Jan 18, 5:53 PM
    • 57 Posts
    • 153 Thanks
    Black taxi
    I have £7 tonight to add to my challenge...just working out which squares to fill..
    1p a day challenge TIN £106.96/667.95 . 270 payments to find.....1p a day challenge BANK 91p/667.95
    • Black taxi
    • By Black taxi 5th Jan 18, 6:17 PM
    • 57 Posts
    • 153 Thanks
    Black taxi
    Ok, have taken 1 day off the challenge and brought payments over £1 down by 14 days, also added my 5p to my bank
    1p a day challenge TIN £106.96/667.95 . 270 payments to find.....1p a day challenge BANK 91p/667.95
    • Jelllibeanz
    • By Jelllibeanz 6th Jan 18, 1:58 PM
    • 138 Posts
    • 330 Thanks
    Jelllibeanz
    Have totted up my total so far and the shrapnel equates to £7.80
    Happy days
    Aiming for more consistency in 2018
    Mortgage '09 = £103k Feb '17 =£79.9k, Aug 17 = £69k
    #105 £460/£3520 credit card at 0%, #10 penny a day challenge £12/£667
    Wombling Our Way to Wealth 2018 £35.39,
    • starting_again_in_the_sun
    • By starting_again_in_the_sun 6th Jan 18, 8:34 PM
    • 78 Posts
    • 364 Thanks
    starting_again_in_the_sun
    Could I join please?

    I'm doing it slightly differently but the idea is the same; I have a spreadsheet with 10 cents, 20 cents etc up to 3 euros and am aiming to save each amount 10 times over the year ( only 300 days as I get paid less over the summer).
    • NeverendingDMP
    • By NeverendingDMP 7th Jan 18, 12:20 AM
    • 3 Posts
    • 12 Thanks
    NeverendingDMP
    Count me in. I mix my days and tick them off. I have a sealed tin and am determined this year to do all the days before I open it and if possible get ahead to open it pre Xmas. In previous years I've had to open it for emergencies which wasn't ideal but I always found 100 plus in there so it was good to have had it.
    • big_satsuma
    • By big_satsuma 7th Jan 18, 4:27 PM
    • 6 Posts
    • 6 Thanks
    big_satsuma
    Hello please can you count me in too?
    I'm using one of my lowest number weeks this week.. a whole £1.90 saved!
    • Jelllibeanz
    • By Jelllibeanz 7th Jan 18, 4:41 PM
    • 138 Posts
    • 330 Thanks
    Jelllibeanz
    Am up to £12/£667 so far thanks to rummaging through my old work bag. Even have the kids on board by getting them to highlight the boxes that are stuck to the tin.
    Aiming for more consistency in 2018
    Mortgage '09 = £103k Feb '17 =£79.9k, Aug 17 = £69k
    #105 £460/£3520 credit card at 0%, #10 penny a day challenge £12/£667
    Wombling Our Way to Wealth 2018 £35.39,
    • NuclearGreyhound
    • By NuclearGreyhound 7th Jan 18, 8:31 PM
    • 3 Posts
    • 4 Thanks
    NuclearGreyhound
    Count me in please, first post and first challenge.
    • pinkfluffybabe
    • By pinkfluffybabe 7th Jan 18, 8:52 PM
    • 2,392 Posts
    • 7,441 Thanks
    pinkfluffybabe
    Can I join in please? I'll start with the high numbers.
    Not buying unnecessary toiletries 2018 - (4/162 UU)
    Mortgage Free Wannabe 2018 No.180 £0/£2000
    1% challenge No.15 - 3/100%
    £2 savers club 2018 No.12 - £32 saved 5p Savers 2018 Club No.3 - £1.10 saved
    Virtual Sealed Pot Challenge No.12 - £10.21/£150 1p a day Challenge £62.51/£667.95
    Completely Crazy Clothes Challenge 2018 #5 0/£0
    • klbooth
    • By klbooth 8th Jan 18, 11:15 AM
    • 51 Posts
    • 158 Thanks
    klbooth
    #13 weekly check in am up to £16.55/£677.95
    1P Challenge #13 £41.02/£667.95;£2 Club #30 £6;50p Club #8 £4.50;20p Club #100 £13.40;SPC #39 £?;VSPC #15 £18.49;1 Debt Vs 100 Days #1 £0/£3964;
    Pay All Your Debt Off By Xmas 2018 #118 £600/£10014
    Jan Grocery Challenge £381.18/£450
    • Black taxi
    • By Black taxi 8th Jan 18, 6:54 PM
    • 57 Posts
    • 153 Thanks
    Black taxi
    Checking in today with £13.69 in tips to put away.....
    I have cleared 2 of the £3+ days and brought 14 days down to £1.
    Chart is looking a bit “used” already but hope my system is working for me...
    Also added 21p to bank so up to date there as well.
    1p a day challenge TIN £106.96/667.95 . 270 payments to find.....1p a day challenge BANK 91p/667.95
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