MoneySavingExpert Chair, Martin Lewis · Editor, Marcus Herbert

# The 365 Day 1p Challenge 2024

• Posts: 3 Newbie
I don't understand how to do the 1p challenge. Do we put the money daily into an account?? Help!
If you read the information on this you can either physically put the money in a pot or save online. Download the sheet with all the workings out in it and tick each day.
• Posts: 11 Forumite
I use a slightly different 'saving challenge', but I believe I also got it from ML some years ago.

Let's call it "£1 Monday, £2 Tuesday..." etc. Each week, from January 1, I save £1 on Mondays, £2 on Tuesdays etc, through to £7 on Sundays. The mathematicians among you will quickly see that's £28 every week! 28×52 weeks a year = £1456... but 7 (days) × 52 weeks is only 364 days, so add another £1 to £7, depending which day the year starts and ends on. 2024 being a Leap year, you get an 'extra' extra day, too!
• Posts: 69 Forumite
Please could I join in? Thank you 😊
• Posts: 1 Newbie
I don't understand how to do the 1p challenge. Do we put the money daily into an account?? Help!
Yes, that's exactly what you do. Follow the pdf in the first post to tick off as you go along.
• Posts: 704 Forumite
I'd love to join again this year please!
£2 coin savings club 2024 #1 £0 (2023 £754; 2022 £472; 2021 £256; 2020 £358; 2019 £512; 2018 £404; 2017 640)Saving for Xmas 202 £1 a day #4 £365 / £365 3-6 month emergency fund challenge #48 £2,377 Save a penny a day 2024 #32 £ . / £667.95 £1000 emergency fund challenge #232 £1,007/ £1,000 (achieved Nov 2020)
I don't understand how to do the 1p challenge. Do we put the money daily into an account?? Help!
All the information you need is on the first post of this thread.
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• Posts: 20 Forumite
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.
#17 1p Challenge       £125.65/671
Fashion on the Ration Challenge  53/66 coupons
• Posts: 7,924 Forumite
sorry to chop and change but I won't take part this year so #17 is released for anyone who prefers that number.

good luck all and thanks @enthusiasticsaver
I think I saw you in an ice cream parlour
Drinking milk shakes, cold and long
Smiling and waving and looking so fine
• Posts: 4,873 Forumite
Thank you for my new number @enthusiasticsaver and sorry to confuse you/others - was posting on the wrong thread doh.

@Aya2030 I use the Random # app (blue icon with 123 and a couple of wavy arrows)

Looking forward to getting stuck in to 2024's challenge!
Cross-stitch WIP: Durene Jones Haberdashery Shop 365 1p challenge member No.6 Read 24 books in 2024 - currently reading Sharp Objects by Gillian Flynn 12/24

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