The 365 Day 1p Challenge 2023

~FlowerPot~

#58 reporting £60 for September

thank you

Saver-upper

Tonight I have potted £1.12, and crossed it off my list.

~FlowerPot~

Not sure what exactly I shlou do with this pot. I am nearly at the total. But I want to start buying Xmas presents. So I might have to end it early?. Or add in the rest to complete it early? hmm? I am definetely going to carry this on for next Year, its worked really, really well for me. Thank you so much for setting this challenge up @enthusiasticsaver its been great x

enthusiasticsaver

Spreadsheet updated and well done to all those who have completed the challenge already or those who will be leaving the challenge in the next few weeks and using the savings for buying Christmas presents.  We are over £21k in total.  

I have crossed off another 4 numbers and potted £13 so my pot now stands at  £549.  I am carrying on until the end of the year as my Christmas pot is saved elsewhere. I have 36 numbers to cross off so 9 more weeks takes me up to 22 December so hopefully I should reach my target then.  Hope everyone else is doing ok. 

Numbers crossed off are 

2.96

2.99

3.49

3.56

Coxy11

Morning all,

Well done to all those who have nearly finished! My challenge runs until end of December as I think I started on 29 December last year. I save for Christmas elsewhere, so haven't earmarked this pot for anything in particular, but it's lovely to see it growing each week!

Here is my Friday update. This week I chose the following random numbers:
263, 223, 143, 21, 145, 172 and 271 = 1238 so £12.38 going into the pot.

#45 new total is £516.99 

Thanks to @enthusiasticsaver for keeping us in check!!
Coxy

enthusiasticsaver

@Coxy11 If you do the challenge next year would you do random again? I have done similar random amounts this year but leaning towards doing it in order next year. 

Topscooby

This challenge has really got me thinking. Originally, I just wanted to be part of a structured event based around saving money each month. I didn’t know for sure what I could or couldn’t commit to, so the random amounts appealed to me as I didn’t want to overestimate what was achievable. I soon found that I could save a decent amount each month and have opened several high interest accounts where the money saved has been stashed…with the bonus of a good return (interest wise) at the end of each of the accounts end date.

I’m so glad I chose to join this challenge as it has shown both me, and my wife, just what we can achieve when we put our minds (and money) to it! All of the monies saved, plus the interest, will be invested, along with other funds, in a new fixed rate long term savings account to be decided sometime over Christmas and the New Year.

We’ve still got November and December to go and fully intend to continue to add to our challenge pot for both of these months. After that, we will decide which challenge to commit to for 2024.

As ever, many thanks must go to @enthusiasticsaver for overseeing what has been an enjoyable and enlightening experience in these tough financial times. 

I hope everyone has been successful in their own personal challenge and have achieved the desired goals…I, for one, definitely have!

Best wishes and stay safe, and be lucky 🙏

Andy ( and Angie ).

enthusiasticsaver

@Topscooby You and your wife have certainly surpassed the targets. There is a savings challenge on the savings board £12k in a year (or any amount really) which I have also taken over the running for recently. That might be worth you exploring for next year. 

Topscooby

enthusiasticsaver said:

@Topscooby You and your wife have certainly surpassed the targets. There is a savings challenge on the savings board £12k in a year (or any amount really) which I have also taken over the running for recently. That might be worth you exploring for next year. 

@enthusiasticsaver Thanks for the kind words and yes, I think that the ‘£12k in a year’ challenge just might be what we are going to go with for next year! 

Cheers,

Andy 

~FlowerPot~

#58 reporting £80 for October

and My bank savings account shows a total of £680 ~ So Im stopping here challenge completed woohoo!!!!!

I am now going to start buying xmas pressies. MY next challenege is ti have everything bought and wrapped by Dec 1st. Never ever done this, but then Ive never ever had the money ready. So excited to be able to do this. Thanks again to @enthusiasticsaver for running this challenge

flowers x