Martin Lewis' 1p Saving Challenge Could Help You Save Over £600 Before Christmas

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Martin Lewis' 1p Saving Challenge Could Help You Save Over £600 Before Christmas
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Martin Lewis' 1p saving challenge allows you to save over £600 before Christmas 2024 by saving a penny on the first day, 2p on the second, and so on throughout the year.

If you are interested in saving over £600 before Christmas 2024, there is a savings challenge backed by Martin Lewis that could help you do just that with ease. In 2021 on the Martin Lewis Money Show, the presenter and Money Saving Expert first mentioned the 1p saving challenge. Explaining how it works, he said: 'There’s a big savings community out there who do this, it’s called the 1p Challenge.

Basically, you save a penny on the first day of the year in a jar or piggy bank, 2p on the second, 3p on the third and keep going throughout the year - by the last day of December you’re saving £3.65, so that would give you £667. 95 in total.' You can save this money by putting coins in a jar or by creating a savings pot in online banking. If you miss a day or two, you can also catch up on the challenge by simply adding together the total of what you have missed. You could use it as a way of emptying the loose change out of your clothes and that you have lying around. Join our Belfast Live breaking news service on WhatsApp Click this link or scan the QR code to receive breaking news and top stories from Belfast Liv

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