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The 365 day penny challange

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By *awty_MissDynomiteNo1 OP   Woman
over a year ago

No idea, I'm lost. Damn Sat nav!

Day 1 save 1p

Day two save 2p

Keep going

Day 100 save £1.00

Day 365 save £3.65

And by the end of the year you will have saved £667.95 just think what that could buy you?

Starting my 2nd year of doing this

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By *ensual temptressWoman
over a year ago

Southampton

What a great idea!!! Going to give this a go!!

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By (user no longer on site)
over a year ago

I thought it might be a good way of bribing the kids to help around the house.

R

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By *awty_MissDynomiteNo1 OP   Woman
over a year ago

No idea, I'm lost. Damn Sat nav!


"What a great idea!!! Going to give this a go!! "
go for it

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By (user no longer on site)
over a year ago

This one is good and realistic. Would be a great way to save for next Christmas!!

There's one that you put a quid in every week but the money increases each week. It's good until you get to week 30 onwards where some people really would struggle to put away £30, then £31 the week after, £32 then £33 all the way to £52.

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By *awty_MissDynomiteNo1 OP   Woman
over a year ago

No idea, I'm lost. Damn Sat nav!


"I thought it might be a good way of bribing the kids to help around the house.

R"

excellent

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By *awty_MissDynomiteNo1 OP   Woman
over a year ago

No idea, I'm lost. Damn Sat nav!


"This one is good and realistic. Would be a great way to save for next Christmas!!

There's one that you put a quid in every week but the money increases each week. It's good until you get to week 30 onwards where some people really would struggle to put away £30, then £31 the week after, £32 then £33 all the way to £52. "

it's very realistic when you think about it

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By (user no longer on site)
over a year ago

[Removed by poster at 03/01/16 23:52:07]

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By *issBehavingxxWoman
over a year ago

Glasgow


"Call me thick I don't get it. By end of the year you've saved £3.65

Explain to this thicko"

No

Each day you add a penny to what you saved the day before

Day 1 1p

Day 2 2p

Day 3 3p

Day 50 50p

Day 100 £1

Day 150 £1.50

Day 365 £3.65

And the amount of pennies relating to the day each day of the year..

By the end of the year you have about £650.00

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By (user no longer on site)
over a year ago


"Call me thick I don't get it. By end of the year you've saved £3.65

Explain to this thicko

No

Each day you add a penny to what you saved the day before

Day 1 1p

Day 2 2p

Day 3 3p

Day 50 50p

Day 100 £1

Day 150 £1.50

Day 365 £3.65

And the amount of pennies relating to the day each day of the year..

By the end of the year you have about £650.00"

Thanks I realised then deleted. You caught me too quick ha x

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By (user no longer on site)
over a year ago

Gotta be a bitch saving the highest amount in december though ... Maybe December was the best time to start

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By *issBehavingxxWoman
over a year ago

Glasgow


"Gotta be a bitch saving the highest amount in december though ... Maybe December was the best time to start "

A friend of mine alternates it..

So

Day 1 1p

Day 2 £3.65

Day 3 2p

Day 4 £3.64

Day 5 3p

Day 6 £3.63

And so on... Says that works better for her..

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By (user no longer on site)
over a year ago

Love it jacs. Think it's a great idea xx

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By (user no longer on site)
over a year ago


"Gotta be a bitch saving the highest amount in december though ... Maybe December was the best time to start

A friend of mine alternates it..

So

Day 1 1p

Day 2 £3.65

Day 3 2p

Day 4 £3.64

Day 5 3p

Day 6 £3.63

And so on... Says that works better for her.. "

Now this is a plan!

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By (user no longer on site)
over a year ago

[Removed by poster at 04/01/16 13:16:45]

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By (user no longer on site)
over a year ago

I started on Jan 2nd so I've saved 6p so far

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By (user no longer on site)
over a year ago

Got the big tin the Christmas panettone came in and have started this

Great idea

Now I just have to eat the last of the panettone ....such hardship

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By (user no longer on site)
over a year ago

Mind it's a leap year this year

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By *gowbhoy4funMan
over a year ago

glasgow

Girl on my Facebook earlier had posted about this .... Very good idea

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By *ripleXrateDWoman
over a year ago

Ayrshire

I've tried to do this kinda thing before but I never have cash on me. I always use a debit card.

I'm going to give it a try again but I bet I won't make it more than a week or two xxxxx

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By (user no longer on site)
over a year ago

Great idea gonna give it a go

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By *bolton88Man
over a year ago

Glasgow

Sounds great in theory but have you thought about that last few months?

October, November and December you need to put away nearly £3 per day which is £90 a month which is not as easy as you think.

I wouldn't want to put anyone off trying this but it's easy in the beginning but much harder towards the end.

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By *bovethekneeCouple
over a year ago

Hampshire / Herefordshire

But you are in the saving habit by then. Much easier than the old 1p on day 1, then 2p day two, 4p day three and just doubling it each day.

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By (user no longer on site)
over a year ago

I just get a sealed tin from pound shop and stick a tenner in every week. Couple of times I've broke into it before the years up but generally disciplined enough to end up with 500 pounds at end of year to help with christmas

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By (user no longer on site)
over a year ago

[Removed by poster at 04/01/16 17:07:31]

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By (user no longer on site)
over a year ago


"This one is good and realistic. Would be a great way to save for next Christmas!!

There's one that you put a quid in every week but the money increases each week. It's good until you get to week 30 onwards where some people really would struggle to put away £30, then £31 the week after, £32 then £33 all the way to £52. "

It isn't honey. It's pennies so most would ever be £3.65

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By *andACouple
over a year ago

glasgow

Wouldn't it be easier to just save £2 per day? I can imagine it being rather awkward to find the exact amounts required.

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By (user no longer on site)
over a year ago


"Day 1 save 1p

Day two save 2p

Keep going

Day 100 save £1.00

Day 365 save £3.65

And by the end of the year you will have saved £667.95 just think what that could buy you?

Starting my 2nd year of doing this "

very smart saving idea ??

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By (user no longer on site)
over a year ago


"Gotta be a bitch saving the highest amount in december though ... Maybe December was the best time to start

A friend of mine alternates it..

So

Day 1 1p

Day 2 £3.65

Day 3 2p

Day 4 £3.64

Day 5 3p

Day 6 £3.63

And so on... Says that works better for her.. "

even smarter idea ??

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By *awty_MissDynomiteNo1 OP   Woman
over a year ago

No idea, I'm lost. Damn Sat nav!


"Wouldn't it be easier to just save £2 per day? I can imagine it being rather awkward to find the exact amounts required."
would work out the same in theory but i think the point its trying to prove to most is just how much you can save by doing it in pennies lol

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By (user no longer on site)
over a year ago

Remember it's a leap year. Big bucks aplenty

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By (user no longer on site)
over a year ago


"

It isn't honey. It's pennies so most would ever be £3.65 "

The pound one is a little different cherry, you put a £ in to match the weeks

Week 1 : £1

Week 2 : £2

Week 3: £3 all the way up to

Week 50 : £50

Week 51 : £51 etc

At the end of the year there would be something like £1320 saved up which is fantastic but so many folk would really struggle to put away £120 + a month come weeks 30 onwards. Sorry I didn't explain it too well in my last post,

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