Total debt when my journey began in December 2022- £66,133.42
Current debt May 2024- £40,064.57
Repaid 39.42%
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365 Day 1p Challenge 2021

elsiepac
Posts: 2,653 Ambassador


Hi everyone
Welcome to the 365 Day 1p Challenge for 2021!
The rules are simple - every day you put aside an amount between 1p and £3.65, covering all the incremental amounts in between... You can do this starting at 1p and working up, or start at £3.65 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 (to follow) and mark off each amount as you put it aside.
@MSE_Molly has written an updated version of her blog post which you can find here.
If you'd like to be allocated a number and added to the Challengers list below, please post and I will issue you a number for your signature.
Good luck everyone!
Please see the original challenge post below from helejenkins1
Welcome to the 365 Day 1p Challenge for 2021!
The rules are simple - every day you put aside an amount between 1p and £3.65, covering all the incremental amounts in between... You can do this starting at 1p and working up, or start at £3.65 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 (to follow) and mark off each amount as you put it aside.
@MSE_Molly has written an updated version of her blog post which you can find here.
If you'd like to be allocated a number and added to the Challengers list below, please post and I will issue you a number for your signature.
Good luck everyone!
Please see the original challenge post below from helejenkins1
helejenkins1 wrote: »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
2021 Challengers!
- elsiepac
- debtfreefor2022
- claremylove
- BadBookkeeper
- outoftheviciouscircle
- welshspendthrift
- Doily94
- gettingtheresometime
- Workingmum123
- LeaLea89
- lindsaygalaxy
- Blackberrycurved
- jaxsmar
- IvysMom
- davalleyboy888888
- Holmefarm
- A_Random_Man
- jo41
- willow_loulou
- sketchingkari
- CazzieLT
- Loubie47
- Goonergal2
- the_long_and_winding_road
- brokeblond
- damekaren
- rjitfc
- Argyller
- Odysseus
- Starla
- Callie Ann Baxter
- doppers
- HeatherLass
- Sallyp2
- wllcnur
- DaffyDaisies
- ellie55
- roblou27
- Little*Miss
- Sandrasd7
- tboo
- Honeysucklelou2
- Hurdler
- keats61
I’m a Forum Ambassador and I support the Forum Team on the Old Style, Crafting and Techie Stuff boards.If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
GC: May 22 £tbc/£250 Vegan 27-8-13
3
Comments
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I'm in!SPC 14 #062
2021 NSDs Jan 12 Feb 0/14
PayDBX2021 #31 £188/£18155 = 1.04%
365 Day 1p Challenge £28.37/£667.95
£10 a Day Challenge Jan = £156.66 Feb = /£2801 -
Count me in please Elsiepac. Love this challenge
£2 coin savings club 2025 #1 £166 (2024 £692; 2023 £754; 2022 £472; 2021 £256; 2020 £358; 2019 £512; 2018 £404; 2017 640)Saving for Xmas 202 £1 a day #4 £365 / £365 3-6 month emergency fund challenge #48 £10,030 Save a penny a day 2024 #32 £ . / £667.95 £1000 emergency fund challenge #232 £1,007/ £1,000 (achieved Nov 2020)1 -
Can I join please? I started this on 1st November, it’s a great way to save
Lightbulb moment - 17/08/2017 £17,033. Current CC debt £0.00 DFD 31/7/24 🥳. Member #8 of Fiver Friday Challenge £110/£2601 -
Awh I started this a few years ago on my old user name. I am helejenkins. Can’t believe I’m seeing a post saying I’m debt free as it’s certainly not the case a few years later3
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Please check first post for your numbers!
Aw hi @outoftheviciouscircle you can get there again! Are you going to join? I've allocated you a number for now
I’m a Forum Ambassador and I support the Forum Team on the Old Style, Crafting and Techie Stuff boards.If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.GC: May 22 £tbc/£250 Vegan 27-8-130 -
please cap lease can I join? OH and I doing this together although yet to see any input from him! Crossing off randomly whatever change we have, hopefully cross off December’s high numbers as we go! Good luck everyone 😀Pay ALL your debt off by Xmas 2021 no 50 Target for this year £12,000
Pay all your debt off by Xmas 2022 target £15,000 pd £7969.95 / 15,000
SPC 2022/23 014
Pay all of your debt off by XMAS 2023
#no 28 target £11,200.001 -
@debtfreefor2022, @claremylove, @BadBookkeeper, @outoftheviciouscircle, @welshspendthrift you are all addedI’m a Forum Ambassador and I support the Forum Team on the Old Style, Crafting and Techie Stuff boards.If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.GC: May 22 £tbc/£250 Vegan 27-8-133
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I would like to join pleasePAYDBC24 #8 ~ £10188.210
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Can I join please as well?
I'm using the challenge to pay off my Sainsburys CC as I found it useful to clear my Aqua CC last year.2 -
Can i join too pleaseXmas 2022 = £500/500
Emergency fund = £50/1000
Penny a day challenge = 237/667.95
Starting Debt total Jan 2021: £14,877
Starting Debt total Jan 2022: £10,6622
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