Advert

Latest

German City Installs Pods For Homeless People To Sleep In

German City Installs Pods For Homeless People To Sleep In

published at8 minutes ago
Advert
Advert

Most Popular

Advert
News

You Can Save Nearly £1,500 In 12 Months With This Challenge

You Can Save Nearly £1,500 In 12 Months With This Challenge

If you're not on a money-saving journey for 2020 then you're probably in the minority (someone's doing well and all that malarkey) so if you want to find out how to save nearly 1,500 in 12 months then we've got it covered.

It's simple and it'll leave you with a cool £1,428 if you start it today (3 January) and end it on 25 December. Just think of what you could spend it on, the possibilities would be endless - well, for what £1,428 could get you anyway.

The most you're going to be putting away in one day is £7. Credit: PA
The most you're going to be putting away in one day is £7. Credit: PA

The money challenge involves saving £1 today (Friday), £2 on Saturday, £3 on Sunday and so on until the seventh day (in this case Thursday) where you would be saving £7. Then you would start all over again on Friday with £1 and it carries on like that. Simple.

Advert

You might be thinking that saving £7 in one day is a bit of a stretch especially taking into account the fact that we're in January - the month that never ends but it's really just the price of two coffees or a couple of pints. Maybe it'll encourage you to cook something for your lunch instead of going out and buying food each day.

You could save the money in a jar or set up a separate bank account because not many people tend to carry cash (especially so many pound coins) around with them these days.

You could save the money up in a piggy bank. Credit: PA
You could save the money up in a piggy bank. Credit: PA

More Like ThisMore Like This

1 of 6
Community

Couple Save £20,000 In A Year Making Small Changes

If this seems like a bit too much for your bank balance, or maybe you want to book a holiday at the same time as saving, then why not try the 1p challenge.

Advert
Community

The 1p Money Challenge To Save £667 In 2021

published at23 days ago

It's not as intense as saving £28 a week but it could build up a nice little pot of around £650.

The premise really is pretty simple, as you just put away a penny on the first day and then each day after add an extra penny to the amount you put aside.

So, on the first day (in this case, 3 January), you start with 1p. The next day you put aside 2p, and the day after that 3p.

Keep on going until day 100, which is when you get onto the heavy duty numbers by putting in £1. Continue on day 101 with £1.01, and so forth. By the end of it you should be left with a not too shabby £667.92.

Advert

If you don't want to be forking out over £3 a day in the final few weeks with Christmas re-approaching then why not work backwards?

Featured Image Credit: PA

Topics: money saving, uk news, News, Money

Chosen for YouChosen for You

2021 Glastonbury Festival Cancelled Because Of Coronavirus Pandemic
published at4 hours ago

Most Read StoriesMost Read

Entertainment

Netflix Has Confirmed There Will Be A Second Season Of Bridgerton

published atan hour ago

Rebecca Shepherd

I'm Becky - a journalist at LADbible. I graduated with a First Class BA in Journalism before going on to cover criminal court cases, medical tribunals and breaking news for the national media - which inevitably and eventually became as glum as it sounds. Can often be found rocking a bag for life - which I made a 'thing' way before Rihanna. You can contact me at [email protected]