Money, money, money. It’s a tricky little thing, isn’t it? Sometimes trying to save can be like running on a treadmill - you try and you try, but you just end up going nowhere.
However, we’ve discovered a fantastic way of collecting the shrapnel in your back pocket so that it amounts to over £650 in just a year. It’s called - drum roll please - The Penny Challenge!
This easy-to-follow savings plan has you starting with a teeny tiny 1p savings on your first day, moving up to 2p on the next day, 3p on the next, and so on for a year (365 days), so that you'll be gradually increasing the amount you add to your savings. Thus, while you'll only be adding £3.65 on your last day of The Penny Challenge, you'll finish with a whopping £667.95 in the bank! Have a look at our table to help you keep track of how much you’re saving.
Whether you’re dreaming of a holiday away, or just fancy a bit of financial stability, then The Penny Challenge is an inventive way for you to save money without the usual worry or fuss!
