The 1p Challenge Christmas 2017

The 1p Challenge Christmas 2017

So, Christmas is done and dusted for another year. It’s a huge drain on most family’s finances! This is why I now Save for Christmas throughout the year, starting from the very first week in January. This may seem extreme, but it means that we can enjoy Christmas and buy gifts, food and drink without scrabbling around and panicking trying to figure out how we’re going to afford the whole thing!

There are a number of ways you can save for Christmas. One great method is to save every day. The idea is that you put away 1p x the number of days of the year. So, today you would put away 1p. Tomorrow you add another 2p, on the third day you’d add a further 3p and so on.

1p challenge Christmas 2017

By the time you reach November 30th, you will have £559.45. That’s a whopping chunk of anyone’s Christmas money right there!

It’s entirely personal choice how you budget for Christmas, but I believe it’s vital to plan ahead.  Take a look here for a more inspiration –

I’d love it if lots of you joined in with this. I’m going to use my Facebook page and Twitter accounts to keep us all on track! Please share the posts with your friends, it’ll save lots of people a  lot of stress for Christmas 2017!


  1. January 1, 2017 / 8:57 pm

    I did this last year and got ahead when I had extra money. It was fantastic to not use a catalogue or any rubbish at Christmas time!

    • My Money Cottage
      January 1, 2017 / 10:05 pm

      It’s so much easier when you think and plan ahead, it takes all of the stress away!

  2. Maya Russell
    January 3, 2017 / 12:02 pm

    I have not tried this challenge before but it seems straightforward and I already have a jar!

    • January 3, 2017 / 4:26 pm

      Join in with it 🙂 I’ll try to keep people motivated throughout the year!

  3. Annabel Greaves
    January 3, 2017 / 12:05 pm

    I would love to take part to help me organise things better in the New Year

    • January 3, 2017 / 4:27 pm

      Fantastic! I’ll make sure to keep posting reminders, hopefully we’ll all have a lovely pot of cash for next Christmas.

  4. Rebecca Beesley
    January 3, 2017 / 2:31 pm

    i absolutely love this idea! Such a simple yet clever idea for saving. x

  5. January 3, 2017 / 5:12 pm

    This is a pretty neat idea, thanks for sharing! Would need to keep a good record of what the amount needs to be each day as my memory is awful, but it’s brilliant to think how the little contributions will add up over the year!

    • January 3, 2017 / 6:49 pm

      I’m going to keep the Facebook page and Twitter account up to date regularly to help everyone keep it up 🙂

  6. Katie
    January 3, 2017 / 6:43 pm

    This is a great idea. I think I might try it!

  7. Andrea F
    January 3, 2017 / 7:34 pm

    Yes, think I’ll give it a go!

  8. Karl Foxley
    January 3, 2017 / 7:47 pm

    I’ve not tried this before but I certainly would be willing to give it ago.

  9. Tee simpson
    January 3, 2017 / 10:40 pm

    Cant believe I didnt know about this. I will be doing it next year

    • January 4, 2017 / 8:30 am

      You can start it today for this year, you’ll only need to put in 10p to get started 🙂

  10. Ruth Harwood
    January 4, 2017 / 10:02 am

    I save every coin i get and collect in an isa, but no challenge is needed to do that lol!!

  11. Nancy Bradford
    January 4, 2017 / 7:55 pm

    I am but have modified it slightly to get more money saved for our holiday in June- adding between 10-50 pence coins in the mix.

  12. Anthea Holloway
    January 6, 2017 / 4:19 pm

    I love this idea and I am going to start today!

    • January 6, 2017 / 5:25 pm

      Fantastic! I’ll be posting regular reminders on the Facebook and Twitter pages 🙂

  13. Catherine Chetwood
    January 7, 2017 / 10:50 am

    I’m definitely in with this challenge this year. I started it a couple of years ago but ended up stopping in June time due mainly to forgetting to transfer money online from my current account to a Christmas savings account and then getting too caught up in life. This year I’m going all the way!
    I also have jars for 1ps, 2ps, 5ps and £2 coins which I bag up and pay into the bank in December 🙂

    • January 7, 2017 / 11:22 am

      Great stuff, I like the idea of storing coins in jars, mine always get used up though for school snack money!

  14. zowee moore
    January 7, 2017 / 12:21 pm

    I did this last year and I will be starting it at the end of Jan for this year! (Waiting for pay day) Will have a month or so to catch up on but it is a really effective and easy technique!!!

  15. jo liddement
    January 8, 2017 / 2:37 pm

    I already have a jar and we all put into it but not every day as it depends when each of us have change to put in.The money saved soon mounts up and we have had some trips to the cinema,meals and fun days out.

    January 9, 2017 / 8:11 pm

    I’m giving this a go!!

  17. Sheila Reeves
    January 10, 2017 / 5:52 am

    Sounds like a really fun way to save, and I’m going to look for a jar today!

  18. Tracy Nixon
    January 10, 2017 / 9:16 am

    What a great idea! I’m up for it!

  19. stephanie carr
    January 10, 2017 / 9:24 am

    tried this last year but failed. it got to much putting £3.64 in one day, £3.65 the next, it adds up by the time December comes around. Good luck to you all, I hope u can do it!! 🙂

    • January 10, 2017 / 9:34 am

      You could try saving the same amount every week, figure out how much you want to have by a set date (maybe end of November) and work out how much you need to put away every week until then to achieve it. That way it’s evened out over the months.

  20. Stephanie Green
    January 10, 2017 / 9:37 am

    Great challange, yes i am doing it.

  21. Krystina Bowman
    January 10, 2017 / 10:12 am

    I’ve already started! ?. I’m thinking of trying the £5 note challenge too! Xx

  22. Lorraine Stone
    January 10, 2017 / 10:29 am

    I can’t afford to stash away even that much. I know that the jar would keep being emptied out.

  23. Amy Dickson
    January 10, 2017 / 11:39 am

    I think this is such a great idea! I’m always telling myself I’m gonna save but then the next thing you know it’s October and you are running around last minute

  24. Victoria Thurgood
    January 10, 2017 / 2:22 pm

    Yes im doing it from christmas day im going to start a new jar every 3 months to save for days out

  25. Lynsie Lynn
    January 10, 2017 / 6:12 pm

    I’m doing it, my husbands doing it and we’re doing it for our two girls, so we have some decent spending money when we go away next year! 🙂 We’re looking forward to our bottles filling up and the girls love putting the money in! 🙂

  26. Solange
    January 10, 2017 / 8:56 pm

    Yes, think I’ll give it a go.

  27. joanne casey
    January 11, 2017 / 5:53 am

    WHat a great idea, i don’t think I would notice it missing if I put it away like this…I’m in…Challenge accepted!

  28. Shannon Mostert
    January 11, 2017 / 11:24 am

    Yes I am taking part! Saving in small increments like this makes saving a lot easier xx

  29. Adrian Bold
    January 11, 2017 / 11:51 pm

    I would love to take part to help me organise things better in the New Year.

  30. January 13, 2017 / 9:40 pm

    This is a great idea, I need to catch up 🙂

  31. Sarah prescott
    October 8, 2017 / 7:31 am

    What a great idea

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