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366 Day 1p Challenge 2020

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elsiepacelsiepac Forumite, Board Guide
2K posts
Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
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Hi everyone

Welcome to the 366 Day 1p Challenge for 2020!

The rules are simple - every day you put aside an amount between 1p and £3.66, covering all the incremental amounts in between... You can do this starting at 1p and working up, or start at £3.66 and work down, or just put aside whichever amount off the list you'd like to each day.

To keep track, please feel free to download this spreadsheet created by the MSE Team and mark off each amount as you put it aside.

If you'd like to be allocated a number and added to the second post in this challenge, please post and I will issue you a number for your signature.

Good luck everyone!

Please see the original challenge post below from helejenkins1
I started this challenge in 2017, but due to the pressure of a large amount of debt I struggled to keep up with it. As of this month, I am debt free and determined now to save as much as I can to have a more secure future. I know some of you will be in a much different situation, but we are all here for our own reasons.

The aim of the challenge is to save 1p on 1st January, 2p on 2nd January till the 31st December where you would save £3.65. Obviously this makes the end of the challenge very expensive, so I find it better to just mix it up a little bit. If I have £3.01 in my purse, I'll just mark that day off.

At the end of the year, you will have £667.95. Use this money as you wish. Pay off some debt, treat yourself or just continue to save it.

I'll keep this thread going even if I'm on my own as I want and need to stay motivated. If anyone wants to join me along the way you are more than welcome.

Happy saving

MSE Molly says: The 1p Savings Challenge has been run for many years by our Forumites, and here at MSE Towers, we wanted to make it easier for people to join in, experienced or newbies!
So we've created our own version of the 1p Savings Challenge tracker (which includes 366 days for the leap year in 2020). Simply download or print off the table, and tick off one box per day - there is no set order!
For more details, read our blog about the challenge here.

[purplesignup][/purplesignup]
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I'm a Board Guide on the Old Style, Greenfingered, Energy & Going Out Deals boards which means I'm a volunteer to help the boards run smoothly and I can move and merge threads there. Please remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to [email protected] (it's not part of my role to deal with this) Any views are mine and not the official line of MoneySavingExpert.
SPC No 074
GC: Jan 20 £tbc/£250
Vegan 27-8-13
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Replies

  • edited 15 March at 5:23PM
    elsiepacelsiepac Forumite, Board Guide
    2K posts
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
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    edited 15 March at 5:23PM

    1...elsiepac
    2...squirrelgirl
    3...Betharooni
    4...claremylove
    5...dizzybee
    6...theresamum2
    7...Puddleglum
    8...Blackberrycurved
    9...5erge
    10..CazzieLT
    11..fendi-bag-lady
    12..bigbeff
    13..craftingmad
    14..DJB343
    15..UnseenGhost
    16..Chele72
    17..ShakeItOff
    18..beenthere_donethat
    19..snuffly22
    20..funkymonkey
    21..rebeccadocter
    22..Anka
    23..roubiliac
    24..Lassieh
    25..Fluffy unicorn
    26..leelad
    27..hiceskater
    28..gettingtheresometime
    29..karla_p
    30..LemonadeBudget
    31..AbundantBudget
    32..soupy600
    33..MostlyFine
    34..AH67
    35..IvysMom
    36..MSE Molly
    37..jammydodgersandrhl
    38..lar90
    39..doshnumpty
    40..1005922
    41..Butti
    42..Rainsey
    43..MSE Tine
    44..IWillSucceed
    45..Bexta140790
    46..Hellmaw
    47..Aidan78
    48..Steerpike88
    49..2sonmum
    50..Buffythedebtslayer
    51..neo1607
    52..fulhamnonny
    53..shuggy1
    54..witchyboo
    55..waynestock71
    56..Eassenav
    57..debtfree2019
    58..sammy85
    59..Quality20
    60..Muppet81
    61..wllcnur
    62..StripeyTightsSpottySocks
    63..ToPostAnon
    64..Shrae
    65..df-MRes_Student
    66..
    67..
    68..
    69..
    70..
    I'm a Board Guide on the Old Style, Greenfingered, Energy & Going Out Deals boards which means I'm a volunteer to help the boards run smoothly and I can move and merge threads there. Please remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to [email protected] (it's not part of my role to deal with this) Any views are mine and not the official line of MoneySavingExpert.
    SPC No 074
    GC: Jan 20 £tbc/£250
    Vegan 27-8-13
  • [Deleted User][Deleted User]
    0 posts
    500 Posts Third Anniversary Name Dropper Mortgage-free Glee!
    MoneySaving Newbie
    Sounds interesting! Count me in please elsiepac :D
  • doconnerdoconner Forumite
    37 posts
    Part of the Furniture 10 Posts Name Dropper
    2020 is a leap year, so maybe hand write 366 at the end of your printout. Or treat it as a 'free day'
  • BetharooniBetharooni Forumite
    157 posts
    100 Posts Name Dropper First Anniversary
    Can I sign up for this? Have got a print out which states weekly values for this so will probably be doing weekly or monthly transfers. Am intending for the money to go into my house-buying fees account, which currently only has a couple of hundred pound in-would like to grow it as much as I can in 2020 so this will definitely help!
    Save £15K in 2020 #6 £ £9,276.69/£15,000
    Make £2020 in 2020 #11 £1,033.08/£2,020
    Saving for House Deposit £3,108.52/£40,000
    £1000 Emergency Fund Challenge #300 £450/£1,000
  • claremyloveclaremylove Forumite
    437 posts
    Part of the Furniture 100 Posts Xmas Saver!
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    Oh yes please. I've already potted my first month's savings :j
    £2 savings club 2020 #3 £270 (2017 £640; 2018 £404; 2019 £512)
    Saving for Xmas 2020 #5 £122 / 366
    £1000 emergency fund challenge #232 £832 / 1000
    Save a penny a day 2020 #4 £372.71 / £671.61
    SPC 2020 #53 (2019 £7.23)
    20p Savers Club 2020 #2. £21.80
  • dizzybeedizzybee Forumite
    1.4K posts
    Part of the Furniture 1,000 Posts Combo Breaker
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    Could i sign up please, this would come in so handy next year.



  • Could I also sign up for this please I'm doing double amounts doing it for my 2 daughters :)
    Mum to two girls chloe & Lily-Rose
  • PuddleglumPuddleglum Forumite
    849 posts
    Part of the Furniture 500 Posts Name Dropper Photogenic
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    Could I join you please. I started once before but had to give up as I left my job and needed savings to live.
    "A thousand candles can be lit from a single candle without shortening the life of that candle."

    I still am Puddleglum - phew!
  • BlackberrycurvedBlackberrycurved Forumite
    230 posts
    Third Anniversary 100 Posts
    ✭✭
    Could I sign up I did it last year this year I’ll be better. Thank you so much for running this will print spreadsheet yippee
    DF by 2020 No 17 £6400/£15,599 No 8 £9.97/ 365 Penny Challenge
  • edited 26 December 2019 at 7:47PM
    elsiepacelsiepac Forumite, Board Guide
    2K posts
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    ✭✭✭
    edited 26 December 2019 at 7:47PM
    Hi everyone! Great to have you here - please see post 2 for your Challenge Numbers.

    doconnor - The spreadsheet I've linked is one from an external site however the busy bods at MSE Towers have come up with our own branded one! I'm not sure if it'll be a leap year one or not - personally I think I'll struggle enough with the 365, so may well give myself a free day!
    I'm a Board Guide on the Old Style, Greenfingered, Energy & Going Out Deals boards which means I'm a volunteer to help the boards run smoothly and I can move and merge threads there. Please remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to [email protected] (it's not part of my role to deal with this) Any views are mine and not the official line of MoneySavingExpert.
    SPC No 074
    GC: Jan 20 £tbc/£250
    Vegan 27-8-13
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