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The 365 Day 1p Challenge 2024
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Todays updates have been done.
New joiners49 nikki2002-2008 50 Hurdler 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/£72.60
Save £12k in 2025 #1 £12000/£40000 -
#15 January payment £95.85
I’m completing the challenge backwards and aiming to end in November. Not sure why I decided to make the biggest payments at the start of the year but no council tax in February and March helps. However it was great in December to be transferring money out of savings rather than income!
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Hi, thanks for doing this! Do we tell you daily savings or is there an interactive report system? I'm going to transfer the roundups on my bank account into savings account, currently 0.78p haha! It's a start, Happy New Year to all1
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#49 another £49 added from left over Christmas money that I saved doing this challenge last year so rolled it over total this month £63.27Became 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 -
I want to join!!!!
I'm transferring it daily as per the challenge, so far have £0.03 in my 1p savings challenge pot
Could I be allocated a number too please?
I'll report back monthly.0 -
I'm going to give this a go, and will probably put money in weekly or something. Work away a lot, and if I'm abroad, may not always have the chance to do it daily.
Have done up to the 31st Jan so far, so £4.96 in the pot if my maths is correct.
Created a Monzo pot for it.
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Monzo savings pot done. Can I join please. Will do monthly, had to open with £10 so will be £10 further in credit at the end of the year 🤞🏼. This is part of my goal of becoming debt free this year!
Emergency Fund: 1000/2000April Grocery Challenge: 150/550
S&S ISA: £244
Save 12k in 2025: #10 1200/10000
100 steps challenge.. to be where you want to be in 2025:
EF 60/100 (1 step= £20)
holiday 0/100 (1 step= £30)
savings 0/100 (1 step= £50)
2025 diary: https://forums.moneysavingexpert.com/discussion/6576803/a-fresh-start-a-year-of-growth-and-balance/p1?new=1
old diary becoming DMP free in 2024: https://forums.moneysavingexpert.com/discussion/6495850/freedom-and-independence/p11 -
enthusiasticsaver said:Neutrinodior said:Hi
please could I be added for this year. I’ve started today and aiming to do it backwards. However, for Dec 2023 - I’m doing January’s amount (normal way round). This is because I did start in Jan 2023 but didn’t realise this forum was here.I can’t afford to do two Dec amounts this month! 🤣
but I have really enjoyed the saving challenge.My current balance is £50.96, and I am adding the monthly amounts and doing it backwards!2023 matures on the 10th Jan and I've hit the full amount today! It's been such an achievement.1 -
Can I join please?0
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Day 3 transferred. I’m glad I’m doing this backwards, it’s great to see £10.95 already in there. When the amounts get smaller I’ll probably change to weekly transfers.I think I’m #17 on the spreadsheet.#17 1p Challenge £125.65/671
Fashion on the Ration Challenge 53/66 coupons1
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