Start off your 2026 with some money-saving challenges to help you achieve your financial goals.
These challenges range from saving a mere 1p on the first day to potentially accumulating nearly £7,000 by the year’s end for the more ambitious savers.
The method of saving is up to you – whether you opt for a digital savings account or the traditional approach of stashing away coins and notes in a jar.
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Take on the £1 saving challenge where you set aside £1 daily, resulting in a total of £365 saved by the end of the year. If you prefer a more manageable amount, saving 50p each day will accumulate to £182.50 annually.
In this challenge, your savings increase by 1p every day. Starting with 1p on January 1, you progress to saving 2p on January 2, 3p on January 3, and so forth, culminating in £3.65 on December 31.
Completing this challenge will see you with a total savings of £667.95 by the year’s end. Even if you only continue until the end of June, you will have saved £164.71.
Initiate your savings with £1 on Monday, increasing by £1 each day until Friday – equating to £2 on Tuesday, £3 on Wednesday, £4 on Thursday, and £5 on Friday.
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