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Saving for Christmas 2025 - £1 a day

kdalwayskint
kdalwayskint Posts: 800 Forumite
Part of the Furniture 500 Posts Name Dropper Photogenic
edited 25 November 2024 at 3:25PM in Debt-free wannabe challenges
The Aim: To save a £1 a day from 1st December 2024 to 30th November 2025. How you save your £1 doesn't really matter, whether it be a £1 in a tin, an on-line account or anywhere else that suits you.

🎄 Getting ready for Christmas 2025 - save £1 a day challenge 🎄

Also, I just want to say, you don't have to save £1 a day, do what is right for you. Any amount you manage to save is a help towards Christmas next year

I know a few of us have enjoyed doing this challenge over the years so I thought I'd host it again this year, please let me know if someone else has already started, if not here we go

We will open our tins or have access to our accounts on 1st December 2025 and declare total amounts saved.

Then it's spend, spend, spend for Christmas 2025 on whatever you like.

You soon get into the habit of putting a £1 a day away and just think this time next year you will have a healthy chunk of money towards the expense of Christmas

If you would like to join in pop your name down and the amount you are aiming for, I will allocate a number for you.

Please note, I have copied  last year's information for the beginning of this thread.


new challenge?
£1 a day for Christmas 2024 £367 / £366 ~
Got married 24/05/19 ~ Credit Card
DFW Nerd #1155 ~
LBM 25/2/09 ~ Debt at highest £8,037.35 ~ £0
«134

Comments

  • kdalwayskint
    kdalwayskint Posts: 800 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    edited 14 January at 12:33PM
    🎅 Member list 🎄

    1. kdalwayskint - £56 /£365
    2. makingmehappy £ / £365
    3. davewebster513 £ / 1095
    4. try_harder £19 / £365
    5. PMM54 £ / £365
    6. Nintud £20 / £365
    7. Madusa £2 / £365
    8. SuperSavingD £ / £1800
    9. jackieLucraft £ / £365
    10. nannygladys £31 / £365
    11. Talial1 - £34 / £365
    12. Dizzycap £100 / £730
    13. _Dolly_Rocker_ £62 / £730
    14. Combenew £ / £720

    🎅🎅🎅🎅🎅🎅🎅🎅🎅
    new challenge?
    £1 a day for Christmas 2024 £367 / £366 ~
    Got married 24/05/19 ~ Credit Card
    DFW Nerd #1155 ~
    LBM 25/2/09 ~ Debt at highest £8,037.35 ~ £0
  • Mark_d
    Mark_d Posts: 1,837 Forumite
    1,000 Posts First Anniversary Name Dropper
    So the plan is to spend £365 in Dec 2025 rather than just £100?
  • Well you can save any amount you like -  if your target is £100 that is fine too - it's what ever works for you :)
    new challenge?
    £1 a day for Christmas 2024 £367 / £366 ~
    Got married 24/05/19 ~ Credit Card
    DFW Nerd #1155 ~
    LBM 25/2/09 ~ Debt at highest £8,037.35 ~ £0
  • Mark_d
    Mark_d Posts: 1,837 Forumite
    1,000 Posts First Anniversary Name Dropper
    The point I was making is that if you're building up a pot of cash to spend, there's a temptation to spend the entire pot rather than just spend what you need.
    By keeping your regular costs as low as possible, the balance of your account should grow and once it has reached the amount needed to cover your planned expense, you can spend it.

  • _Dolly_Rocker_
    _Dolly_Rocker_ Posts: 529 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    edited 26 November 2024 at 4:04PM
    Count me in - I cannot wait to SPEND my £730 - every single penny!

    Also can I have number 13?? 

    Aiming for £2 a day. 
    Saving for Christmas 2025 - £62/£730
  • Me too, please for £1 a day :smiley:

    Thank you for starting the challenge @kdalwayskint
  • Great idea, aiming to save £3 per day and cut back on monthly expenses to save for it.
    Getting married in 2026 so every little helps 👍
  • try_harder
    try_harder Posts: 1,531 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker
    Please could i join in? Thank you ..£1 a day for me
  • I'm in. Will try for £1 a day from now til 30 Nov 2025
  • Nintud
    Nintud Posts: 510 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    I’m in £1 a day. I’ll open a virtual pot now.
    MBNA 111.80/13997.47
    Santander 245.19/10550
    Nationwide 40/465
    Very 818/943
    Santander OD 0/2900
    Nationwide OD 100/200
    Mortgage 17959/125194
    EF 250/1000
    Declutterred 31/2025
    NSD Jan 5/15
    SPC2025 #11
    52 wk envelope challenge #6 53/cash 6/virtual
    Debt repaid 2025 658.65/38650.60
    MFW 2025 13.72/107800
    Make £2025 in 2025 57.60/2025
    Friday Fiver 10/260 virtual pot, 10/260 cash

    - - - -
    What matters is how we live and love and how we spend our dash. (L Ellis)
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