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The 365 Day 1p Challenge 2022
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I have completed my printed sheet which I love because it is on my fridge held on by a fridge magnet and I can see it all of the time. Thank You Thank You Can I do this next year.DF by 2023 No 17 £1,644 /£6000 Total debt £18,000 at the start of DFW Journey. 201814TH JULY 2021 DEBT FREE now in control365 1p challenge No 490
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I've been on the forum for 15 years and have never heard of this challenge until today, thanks to an article on AOL (https://www.aol.co.uk/lifestyle/money-saving-1p-challenge-enables-113546263.html). If there is one for next year I'd love to join. I do love a good challengeMortgage: Was: £154,495 Oct 2039 Now: £82,869.54 May 2037Swagbucks ~ £130 (2024 ~ £395)Surveys ~ £139.39 (2024 ~ £280.14)Make £2025 in 2025 #5 ~ £964.62 ~ (2024 ~ £2,561.04)1
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October and November have been added to the pot.
Just the adjusted amount (£55.69) to make it up to the full amount before December is done and I am definitely signing up got the challenge next year, if it continues. This is going towards my house redecoration fund in the spring.- Mortgage @ March 2008: £194,965 ; Lightbulb Moment: July 2011: £164,926; End Date: March 2033
- MORTGAGE FREE: September 2015
- MSE 1p Savings Challenge 2024 #50: Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec = £223.84/£671.61
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Hello savers. Wonderful to see another year of the 1p challenge wrapping up - thank you to everyone who makes it happen.
Will there be another thread started soon, for 2023?
Thanks,
Forum Team0 -
I hope there will be one for next year as I want to do it for 2023 too, I really enjoyed it this year and it's great to see the saving totting up!Life gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017Sealed pot 2025 £5678 | EF £1000/£1000 | Sabbatical £3188/£6000 | Travel savings £1924 | Sinking pots £21260
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Finally braved the -6 conditions (!) to head into town - and paid in my last instalment.
Mission complete!- So to recap - I allow myself a cash allowance each week of £70 and anything left from that goes into my 'Treat' account. That is for cheeky takeaways or meals out with friends to save me using a credit card. That is where I have been saving the amounts from.
- I also have an extras account for things like paying for repairs or services where you need to pay off £100 or so.
- And I have my 'Buffer' account which is currently just under 3 months but ideally, because I am a freelancer, that ought to be between 3-6 months.
So... I have decided that... I need to top up my buffer first and foremost. So I will transfer that over and that will go a long way to having a full three months buffer to hand for big expenses.
Now - where do I sign up for 2023?
- Mortgage @ March 2008: £194,965 ; Lightbulb Moment: July 2011: £164,926; End Date: March 2033
- MORTGAGE FREE: September 2015
- MSE 1p Savings Challenge 2024 #50: Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec = £223.84/£671.61
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Great to see all the saving activity on this thread.
MSE forum team have asked for a volunteer to run the challenge next year and I have put my name forward so watch this space if you want to carry on with the challenge into 2023 and I will start a new thread.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment 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.
The 365 Day 1p Challenge 2025 #1 £667.95/£162.90
Save £12k in 2025 #1 £12000/£70002 -
Yessss! I want to do it again in 2023Life gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017Sealed pot 2025 £5678 | EF £1000/£1000 | Sabbatical £3188/£6000 | Travel savings £1924 | Sinking pots £21260
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New thread set up for 2023. I hope to see some of you regulars over there.
https://forums.moneysavingexpert.com/discussion/6411673/the-365-day-1p-challenge-2023#latest
I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment 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.
The 365 Day 1p Challenge 2025 #1 £667.95/£162.90
Save £12k in 2025 #1 £12000/£70001 -
Hello everyone! #13 here!
So sorry I haven't posted recently but I have been (virtually) potting away every day and have just popped in my last penny and can declare £667.95 saved for the 4th year running! I have loved doing this challenge again and very much just enjoyed transferring the money across from my special challenge account to live with my other savings in one nice happy family! I'll be making my way immediately to the new thread to join the challenge again for next year - thank you so much enthusiasticsaver for getting us going again! And my new year's resolution is to post more as I so love getting involved in these challenges!
May I wish you all a happy and healthy 2023 in every way, moneysaving included!xxx
House Deposit Fund - £30,000 / Fees Fund - £5,000Furniture Fund - £2,500 / White Goods Fund - £2,500 / Flooring Fund - £2,500Emergency Fund - £7,500365 Day Penny Challenge for 2025 - £532.65/£667.95 (Holiday Fund)£2 Savers Club for 2025 - £24/£200 (Christmas Fund)52 Week Card Challenge for 2025 - £189/£400 (Fun Fund)3
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