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The 365 Day 1p Challenge 2024
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Would love to give this a go. Feel free to add my to the spreadsheet. Thanks1
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Just set jup a new pot for this and moved £10.54 for the first week, set this up for a weekly transfer so I don't forget0
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[Deleted User] said:ClaraSais said:Hi. Can I join please? Not sure what I’m doing but I assume it’s 1p 1st Jan, 2p 2nd etc. does it reset itself in February?
To make saving more simple for me I'm doing a version I call the £10 challenge which will get me £780 saved if I manage it:
£10 put away in January
£20 put away in February
£30 put away in March
£40 put away in April
£50 put away in May
£60 put away in June
£70 put away in July£80 put away in August
£90 put away in September
£100 put away in October
£110 put away in November
£120 put away in DecemberTotal put away = £780
Hey NonStopStress, this is what I do too
2025 financial goals & challenges!
1). Mortgage (started Jan 2024) £107,542.12 / £122,400.00 Overpayment total: £904.60 (Inc Sprive yr 1 o/p £19.16 & £55.34 reg monthly overpayment) Equity 27%
2). #7 Save 1p a day challenge 2025 £150/£780
3). £2109.85/£3000 in Investment ISA (34/50 investments)
4). Increase cash savings & saving pots
5). Keep debt to a minimum.
Favourite quote: 'Life is like a box of chocolates, you never know what you're gunna get!' Forrest Gump1 -
Hi
I've not got a number yet but I've had a wander around the house. Found the bits of money in purses, draws etc.
I'm going old school with cash and a piece of paper with all the dates and amounts I need to save and so far have randomly crossed off a few dates.
Am hoping to have completed the year but November.. so hopefully pay for my yearly trip around the sewing and knitting show..
I'm up to £13.05# 36 1p challenge 2024 - £536.60
#13 POYD by Christmas 24 £2875 / 81381 -
Teadrinker_4 said:Hi, complete newbie here, never participated on a forum before so here goes. Been loitering for years! Could I join the 1p challenge please? I shall put my money in weekly and I've downloaded the grid so I can tick them off. Happy New Savings Year everyone.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/£301.35
Save £12k in 2025 #1 £12000/£80001 -
#12 checking in for my first payment. I've sent £5 to the pot & crossed off 365, 100 & 35
Making the debt go down and savings go up
LBM 2015 - debt £57K / Now £28,744....its going down
Mortgage Free December 9th 2024! 18mths ahead of schedule. Since 2022 we paid over £15K in OPs.Challenges
EF #68 £550/£3000
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Fiver Friday '25 #10 £15
Studies/surveys August £0
Decluttering items 756
Books read 13
Jigsaws done 8
My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up0 -
#9 transferred £3.65 today as doing in reverse if i can. Oops forgot about it being a leap year!#13 2025 Cash Envelope (or online) Saving Challenge
‐‐-----‐-------------------------
#9 2024 365 Day 1p Challenge
£671.61 added to remainder of 2023 Challenge (430.68) plus £30.07 interest.
#19 2024 Cash Envelope (or online) Saving Challenge
£1378 Saved plus £17.23 interest
‐‐-----‐-------------------------
#33 2023 365 Day 1p Challenge
£667.95 saved plus £12.73 interest.0 -
Happy New Year to all and lots of updates on the new 2024 365 1p a day challenge. Please read the first post on this thread to find out how the challenge works and to print off your chart if you keep track manually by colouring in or ticking off each day.
You can update weekly or monthly but I do not have the weekly amounts as I pay in monthly. The monthly amounts are on the blog explaining how the challenge works (again on post 1 of this thread).
When you update please embolden so they stand out to help me with updating the spreadsheet. So my update for January is
#1 enthusiasticsaver £4.96 January
Here is a link to the spreadsheet which I will keep upto date. I have received many requests from people to share it but you only need the link to view it.
The 365 Day 1p Challenge 2024 - Google Sheets
If anyone is available to help me with editing the sheet if I am on holiday or whatever please send me a PM as having a backup is a good idea.
Here are the latest new challengers with their numbers (1-32 was on an earlier post).
Here are numbers 33 - 4833 ebonykitty2012 34 easy 35 The_fens 36 Couldsavemore 37 Balancinglife 38 MsMoon 39 Lone_runner 40 PCNSlayer 41 helenafiggy 42 ClaraSais 43 Silvereeno 44 scoobs910 45 sstevo19 46 jmjldj 47 MrsMe 48 wallzy100 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/£301.35
Save £12k in 2025 #1 £12000/£80006 -
Hi can I join please I have put in £13.27 in my pot so £3.66, £3.65, £3.64 and £2.32 crossed offBecame debt free December 2022
#49 2024 penny saving challenge - £270.55/£671.61 - 41%
January - £150.55
February - £120
#20 52 envelope challenge1 - £1015/£1378 - 73%
January - £295
February- £335
March - £385
£1285.55/£5671.95 22% saved1 -
Hello & Happy New Year!
I just squeaked in at the end of the year, and paid off a golf holiday (apoloogies - I might have just forgotten to post the end of my challenge in the old thread)
I would like to sign up for the new challenge and as before, I will transfer £55.66 and a closing balance of £55.70 to take into account an extra day in Feb) ...
Happy saving, everyone!- 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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