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  • FIRST POST
    • claireyfairy82
    • By claireyfairy82 29th Dec 17, 12:38 PM
    • 110Posts
    • 1,380Thanks
    claireyfairy82
    Save a penny a day 2018
    • #1
    • 29th Dec 17, 12:38 PM
    Save a penny a day 2018 29th Dec 17 at 12:38 PM
    Hi all


    I'm planning on following the penny a day challenge again this year, as it really kept me motivated to save. Below is the link to the thread from last year.

    http://forums.moneysavingexpert.com/showthread.php?t=5578213


    The basic idea is that you save:


    1p on the 1st of January
    2p on the 2nd of January
    ...
    £3.65 on the 31st December


    Your total at the end of the year would be £667.95.


    Personally I tend to mix the days up a bit more, i.e if I have £2.52 in my purse that's what I put in that day. I also found it a bit easier to try and get some of the larger amounts scored off towards the beginning of the year.


    Please feel free to join in.
    JAN - £208.56/£250 NSD-8
    FEB - £121.51/£200 NSD- 1
    Penny a day challenge #001: £200.79/£667.95
Page 1
    • claireyfairy82
    • By claireyfairy82 29th Dec 17, 12:39 PM
    • 110 Posts
    • 1,380 Thanks
    claireyfairy82
    • #2
    • 29th Dec 17, 12:39 PM
    • #2
    • 29th Dec 17, 12:39 PM
    001 claireyfairy82
    002 motivated £15.00/£667.95
    003 RhiBi
    004 DJB343
    005 claremylove
    006 enjoyyourshoes
    007 Honeysucklelou2
    008 Buffythedebtslayer
    009 datlex
    010 Jellibeanz
    011 A Random Man
    012 Black taxi
    013 Klbooth £76.10/£667.50
    014 IrisViolet
    015 starting_again_in_the_sun
    016 NeverendingDMP
    017 bigsatsuma
    018 NuclearGreyhound
    019 Pinkfluffybabe
    020 Petram20
    021 Shashwoo
    022 Tink_04
    023 TownMouse
    024 Tales17
    025 vickyleigh
    026 Jules*43
    027 libster08
    028 Lexilou22
    029 nelie
    Last edited by claireyfairy82; 07-02-2018 at 12:22 PM. Reason: Adding numbers
    JAN - £208.56/£250 NSD-8
    FEB - £121.51/£200 NSD- 1
    Penny a day challenge #001: £200.79/£667.95
    • motivated
    • By motivated 29th Dec 17, 12:42 PM
    • 2,205 Posts
    • 4,391 Thanks
    motivated
    • #3
    • 29th Dec 17, 12:42 PM
    • #3
    • 29th Dec 17, 12:42 PM
    Hi claireyfairy

    Please count me in, I like the sound of this challenge
    M
    • RhiBi
    • By RhiBi 29th Dec 17, 4:24 PM
    • 581 Posts
    • 1,715 Thanks
    RhiBi
    • #4
    • 29th Dec 17, 4:24 PM
    • #4
    • 29th Dec 17, 4:24 PM
    I!!!8217;ll join this challenge if that!!!8217;s ok! Xx
    • DJB343
    • By DJB343 29th Dec 17, 4:28 PM
    • 37 Posts
    • 67 Thanks
    DJB343
    • #5
    • 29th Dec 17, 4:28 PM
    • #5
    • 29th Dec 17, 4:28 PM
    Interested in giving this one a go!
    7th Month into DMP - £3,094/£30,017
    • claremylove
    • By claremylove 29th Dec 17, 4:49 PM
    • 158 Posts
    • 327 Thanks
    claremylove
    • #6
    • 29th Dec 17, 4:49 PM
    • #6
    • 29th Dec 17, 4:49 PM
    Count me in please !!!
    *Proud to be dealing with my debts*
    £2 saving club 2018 #20 £88 (2014 £176; 2015 £568; 2016 £604; 2017 £640)
    Saving for Xmas 2018 #80 31/365
    £1000 emergency fund challenge #232 100/1000
    Save a penny a day 2018 #5 £7.93 /£667.95
    • enjoyyourshoes
    • By enjoyyourshoes 29th Dec 17, 4:50 PM
    • 1,061 Posts
    • 1,302 Thanks
    enjoyyourshoes
    • #7
    • 29th Dec 17, 4:50 PM
    • #7
    • 29th Dec 17, 4:50 PM
    what do you do with the £667.95 on 1 JaN ?
    Debt is a symptom, solve the problem.
    • motivated
    • By motivated 29th Dec 17, 5:11 PM
    • 2,205 Posts
    • 4,391 Thanks
    motivated
    • #8
    • 29th Dec 17, 5:11 PM
    • #8
    • 29th Dec 17, 5:11 PM
    what do you do with the £667.95 on 1 JaN ?
    Originally posted by enjoyyourshoes
    Mine will go towards a much needed break
    • Honeysucklelou2
    • By Honeysucklelou2 30th Dec 17, 12:11 PM
    • 889 Posts
    • 3,592 Thanks
    Honeysucklelou2
    • #9
    • 30th Dec 17, 12:11 PM
    • #9
    • 30th Dec 17, 12:11 PM
    Yes please, can I join in?
    paydbx #93 £692/£8,000.
    Loan £17k - paid off in Aug 2017. Home improvement loans £3342 March 2017. £3123 in Jan 18
    • Buffythedebtslayer
    • By Buffythedebtslayer 30th Dec 17, 12:55 PM
    • 15,178 Posts
    • 50,240 Thanks
    Buffythedebtslayer
    Hello can I join please?

    I think I will do it backwards as it will be more of an incentive to keep going...

    XXX
    Frugal Living Challenge, Pound a Day challenge, Sealed Pot Challenge Debt 4990 (March)
    • datlex
    • By datlex 30th Dec 17, 2:02 PM
    • 1,660 Posts
    • 1,553 Thanks
    datlex
    I did this in previous years along side the pounds to week challenge. It does help to get you into the savings mentality. It can be quite expensive towards the end especially as that comes just before Christmas, however one way to get round that is to mix up the days. So for example on week 1 you have 1p+2p+3p+4p+5p+6p+7p then on week 2 you have £3.64 + £3.63 + £3.62 + £3.61 + £3.60 + £3.59+£3.58 on week 3 you have 8p+9p+10p+11p+12p+13p+14p on week 4 it is £3.57, £3.56, £3.55,£3,54,£3,53,£3.52,£3.51. Another way is to start the challenge now, but to restart in November next year so that you have the money for Christmas 2019.
    • Jelllibeanz
    • By Jelllibeanz 30th Dec 17, 9:34 PM
    • 156 Posts
    • 372 Thanks
    Jelllibeanz
    Count me in too please. I've started doing it with loose change. Just need to print a spreadsheet with it on so I can keep track and buy a sealed pot from the £shop.
    Aiming for more consistency in 2018
    Mortgage '09 = £103k Feb '17 =£79.9k, Aug 17 = £69k
    #105 £460/£3520 credit card at 0%, #10 penny a day challenge £12/£667
    Wombling Our Way to Wealth 2018 £35.39, Jan's bring your lunch to work 5/20
    • claireyfairy82
    • By claireyfairy82 31st Dec 17, 12:12 AM
    • 110 Posts
    • 1,380 Thanks
    claireyfairy82
    Glad to see there are a few of you willing to join in.

    Do we all want numbers? To keep running totals or just keep our own in signatures?

    I'm planning on using whatever I have for spending money for my holiday in August. Hopefully my OH keeps emptying his pockets out and leaving the contents laying around MY bank will be full in no time lol.
    JAN - £208.56/£250 NSD-8
    FEB - £121.51/£200 NSD- 1
    Penny a day challenge #001: £200.79/£667.95
    • claremylove
    • By claremylove 31st Dec 17, 7:42 PM
    • 158 Posts
    • 327 Thanks
    claremylove
    I'm happy to go with the majority - but adding the challenge to your signature with your own number can sometimes encourage you to maintain what you started.
    *Proud to be dealing with my debts*
    £2 saving club 2018 #20 £88 (2014 £176; 2015 £568; 2016 £604; 2017 £640)
    Saving for Xmas 2018 #80 31/365
    £1000 emergency fund challenge #232 100/1000
    Save a penny a day 2018 #5 £7.93 /£667.95
    • A Random Man
    • By A Random Man 1st Jan 18, 3:56 PM
    • 192 Posts
    • 935 Thanks
    A Random Man
    I'd like to sign up if possible will transfer the 1st 1p today i would prefer a number if possible just because my signature is pretty full as it is
    Total Debt 1st Jan £13100/£11423.30 (12.79% Paid)
    Make £10 A Day In April (Matched Betting) £750/£190.87
    Make £10 A Day In April (eBay) £300/£1.85
    Payment A Day total: £444.19
    Halifax Credit Card, Tesco Credit Card, Barclaycard, Hitachi Loan
    • Jelllibeanz
    • By Jelllibeanz 3rd Jan 18, 6:45 PM
    • 156 Posts
    • 372 Thanks
    Jelllibeanz
    Well I've bought the sealed tin and the kids have given me the pennies found on the floor (5p today). There are some small piles of change on my dressing table. Just need to print the spreadsheets now to keep track. Looking forward to seeing how much we've accumulated so far
    Aiming for more consistency in 2018
    Mortgage '09 = £103k Feb '17 =£79.9k, Aug 17 = £69k
    #105 £460/£3520 credit card at 0%, #10 penny a day challenge £12/£667
    Wombling Our Way to Wealth 2018 £35.39, Jan's bring your lunch to work 5/20
    • claireyfairy82
    • By claireyfairy82 4th Jan 18, 12:32 PM
    • 110 Posts
    • 1,380 Thanks
    claireyfairy82
    I have issued everyone numbers in the order you appeared on the thread, let me know if you would like to change it.




    I did this in previous years along side the pounds to week challenge. It does help to get you into the savings mentality. It can be quite expensive towards the end especially as that comes just before Christmas, however one way to get round that is to mix up the days. So for example on week 1 you have 1p+2p+3p+4p+5p+6p+7p then on week 2 you have £3.64 + £3.63 + £3.62 + £3.61 + £3.60 + £3.59+£3.58 on week 3 you have 8p+9p+10p+11p+12p+13p+14p on week 4 it is £3.57, £3.56, £3.55,£3,54,£3,53,£3.52,£3.51. Another way is to start the challenge now, but to restart in November next year so that you have the money for Christmas 2019.
    Originally posted by datlex

    I took my money from last years tin in October for my holiday, which is why I have a bit of savings stuck away already.
    JAN - £208.56/£250 NSD-8
    FEB - £121.51/£200 NSD- 1
    Penny a day challenge #001: £200.79/£667.95
    • MSE Andrea
    • By MSE Andrea 4th Jan 18, 2:07 PM
    • 9,052 Posts
    • 21,862 Thanks
    MSE Andrea
    Hey everyone, in case you haven't spotted, you've been mentioned in our news story:

    'I saved £1,000 switching energy and mortgage': MoneySavers share their 2017 successes
    Could you do with a Money Makeover?


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    • claremylove
    • By claremylove 4th Jan 18, 2:39 PM
    • 158 Posts
    • 327 Thanks
    claremylove
    Many thanks for my number claireyfairy82
    *Proud to be dealing with my debts*
    £2 saving club 2018 #20 £88 (2014 £176; 2015 £568; 2016 £604; 2017 £640)
    Saving for Xmas 2018 #80 31/365
    £1000 emergency fund challenge #232 100/1000
    Save a penny a day 2018 #5 £7.93 /£667.95
    • Black taxi
    • By Black taxi 4th Jan 18, 4:24 PM
    • 57 Posts
    • 154 Thanks
    Black taxi
    I would like to join this challenge please, I have been working on it since the 1st jan, am doing pretty well already but will update on exact dates and figures once I get home as I am currently babysitting the grand babies!
    1p a day challenge TIN £106.96/667.95 . 270 payments to find.....1p a day challenge BANK 91p/667.95
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