Here’s how you can save up to £1,500 a year without even noticing!
Whether you’re saving for a mortgage, new car, dream holiday or just want to have something for a rainy day, here are some easy ways to boost your savings without missing a chunk of money every month. Sound too good to be true? Check it out for yourself…
The Penny Challenge
Turn those pennies into pounds with this simple daily challenge which can save you £667.95 by the end of the year!
Day one you’ll put aside 1p, day two, 2p and so on until you reach day 365 where you’ll put away just £3.65. Your change will mount up without you even noticing and can be added to your savings or used to help out with Christmas.
The 52-Week Challenge
If you’re hoping to save slightly more, then the 52 week challenge could be for you! Save twice as much as the penny challenge and watch your savings rise.
All you have to do is put away £1 on week one, £2 on week two, £3 on week three and so on. This could be slightly more tricky as you get to the end of the year as you’re putting away £52 on week 52. But, you’ll save yourself a nice £1,378 by the end of the year!
The 365-Day Challenge
Just like the penny challenge but putting away slightly more, this money saving trick will leave you with a whooping £1,456!
It works by putting aside £1 on Monday, £2 on Tuesday, £3 on Wednesday and so on until you get to £7 on a Sunday. Then, on the following Monday you’ll start again with £1. You’ll save £28 a week and £1,456 a year!
For more money saving advice, here’s how are 20 simple ways to save money around the house.