The 365 Day 1p Challenge 2023

Coxy11

Morning,

Just checking in with my weekly transfer. I used my random number generator and this week it gave me:
265, 323, 228, 270, 70, 287 and 121 so a total of £15.64 being transferred.

No 45 total funds now £19.10

Thanks @enthusiasticsaver  

MsMoon

Just completed the first week - have decided to transfer the weekly amount every Friday. Decided to go all out and double the daily amount. This may prove a bit much as we reach the later months but I will always at least do the single daily amount!

MsMoon

Sleazy said:

Is there a way to do this without forgetting?
My memory isn't what it used to be, and a SO doesn't seem to be of any use as it would need to be increased every day ...

Print this off and pin it to wall!

https://www.moneysavingexpert.com/content/dam/mse/downloads/forum-1pchallenge-v1.pdf

maggiem

 I have decided to jump around transferring months in if that makes sense so am likely to put in more now especially the council tax free months. 

#15 I have already banked £4.96 for January and just banked 108.60 for December making a total of 113.46. I intend to finish the challenge at the end of November 2023. @enthusiasticsaver

enthusiasticsaver

Just checking in on my phone. Some good updates this morning. 🤗
I am away from my laptop so won’t be issuing numbers or updating until Sunday as coastal walking in West Cornwall for a few days. Keep posting though and I will catch up eventually 

mark55man

Enjoy your break @enthusiasticsaver - Love Cornwall in its entirety but for me, West is Best.

I will keep a special eye out until Sunday for anyone needing help or any new members just to give them a hello, but all the numbers and amounts are all yours for later!!

enthusiasticsaver

mark55man said:

Enjoy your break @enthusiasticsaver - Love Cornwall in its entirety but for me, West is Best.

I will keep a special eye out until Sunday for anyone needing help or any new members just to give them a hello, but all the numbers and amounts are all yours for later!!

Thank you 😀 Glad you love Cornwall. We live here so love it too. Not in the West though 

LittleMissDetermined

Have a good break @enthusiasticsaver, it's so good to see the thread so busy with members, new and old!

Anna_v

Have a lovely time enthusiasticsaver….I used to live in Cornwall…my heart still there by body here😀

Topscooby

Hello each…major long term lurker here who’s finally bitten the bullet and decided to join in the forum fun and, hopefully, maybe contribute to helping and/or encouraging others with their personal financial goals 

First off, could I politely request to be added to this challenge please? 

I have an easy access savings account ( with Santander) which pays 3% interest and which has the dizzying amount of 4p in it…at least it did until I paid the January monthly challenge payment of £4.96p into it ( this also satisfies my ocd in giving me a nice round figure of £5 lol ). I intend to add amounts on an ‘ad hoc’ basis but, hopefully, I will be able to keep track of my progress via the Challenge sheet/table mentioned in the first post of this thread and which I have printed off. Additionally, I will update my progress in this thread as and when suitable.

Next, just to give you a little bit of background behind my reasons for lurking for so long, and then deciding to actually register as a ‘forumite’ and contribute.

Over the past ten years my wife and I have been actively working to reduce our, not inconsiderable, debt. This debt was made up of several credit cards, bank loans and a hefty mortgage commitment…so nothing you haven’t heard about before from many other folks.

I stumbled across this forum whilst researching financial information on the MSE website…and became both fascinated and totally convinced that eradicating our debt was absolutely necessary and possible! I spent hours and hours reading many ‘Debt Free Wannabe’ diaries along with many ‘Mortgage Free Wannabe’ diaries also. THEY WERE AN ABSOLUTE INSPIRATION TO ME. Sorry for shouting it, but I cannot stress enough just how much these diaries had an effect on my determination to concentrate on finding our way back to solvency.

To cut an already long story down to a more palatable size it is with extreme pleasure, pride and an abundance of other emotions to confirm that we are, indeed, debt free and mortgage free ( five and a half years early 

It’s now time to move on and, hopefully, learn from past mistakes and start planning (and saving) for a better future…which starts right here!

So, here we go…I’ve got a feeling this could be the start (or continuation) of something rather nice!

Cheers,

Andy