The 365 Day 1p Challenge 2024

Dizzycap

[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?

Hi, It doesn't reset in February, it keeps going. As you said 1p 1st Jan, 2p 2nd Jan, but it keeps going.. there's 366 days in 2024 so December 31st 2024 will be 366p (£3.66).

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 December 

Total put away = £780

Absolutely LOVE this idea! I've got this already set up as a savings pot to begin in 2025! Thanks for sharing

Makingabobor2

stewartwilliams said:

Way off target for me.  Just put a little over £4 in my pot to give me £124.49.

Lots of random amounts going in.  A few pence here and there rather than amounts from the chart.

You're not the only one off target. I am way off. Not sure if I'll complete it this year, but will certainly do it next year. 

jaxsmar

#13 added £60 to the pot. Total £550.00

Lone_runner

#39 added £75 this month

enthusiasticsaver

spreadsheet updated and well done to @~FlowerPot~ for completing the challenge.  Quite a few getting close to finishing now. 

MsMoon

Dizzycap said:

[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?

Hi, It doesn't reset in February, it keeps going. As you said 1p 1st Jan, 2p 2nd Jan, but it keeps going.. there's 366 days in 2024 so December 31st 2024 will be 366p (£3.66).

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 December 

Total put away = £780

Absolutely LOVE this idea! I've got this already set up as a savings pot to begin in 2025! Thanks for sharing

If it's just rounded amounts monthly it would be easier to just set up a direct debit and change it monthly - seems like a different concept to saving spare change as in this challenge.I prefer the random nature of the 1p challenge!

laura_lau

September was a tough month, I thought I wouldn't be able to set aside anything, but I managed to finish the month with 8.83 left on my account, so this is going to the pot.

#21 adding £8.83 to the pot for September.

Cloth_of_Gold

stewartwilliams said:

Way off target for me.  Just put a little over £4 in my pot to give me £124.49.

Lots of random amounts going in.  A few pence here and there rather than amounts from the chart.

Anything's better than nothing.

thegreenhouse

#2 here. In September I added £71.15, so I'm catching up!

Thanks, @enthusiasticsaver!

maggiem

#15 £12.74 added for October.