Save £667.95 a year with the 1p Saving Challenge

Mine was 1.85

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Thanks mate. And the total? If you started January 1st?

No I just started last month. Also got the weather applet on. Quite a few pounds went in last week but that is probably summer finished with now. Rounds up also.

I thought the 1p savings applet would start at 1p from the day you switch it on and work for 365 days. Didn’t know it was based on calendar year.

£172.05 :slight_smile:

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£175.78 today

Ready to go again tomorrow?

Here is my spreadsheet, two tabs to show how it works (reverse version as well).

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Does it reset and continue automatically or do we need to sign up again?

My £1 challenge one reset and went back to £1 on Monday, so would expect the 1p one to keep going too.

I became impatient for this year’s challeng and transferred the amount to top it up to £667.95 at the start of December!

Mainly so I could buy some fancy Christmas / going out clothes (and I treated myself to a Sonos Beam :smirk:).

All set to start again tomorrow!

I’ll be doing it this year.

Should make it easier because I can now hide the pot :raised_hands: :tada:

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Start the year off with a £10 pot to earn some interest as well.

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Doing this for the first time :grin: Reverse 1p for me, not sure how I’ll find the first 3 months while I’m on maternity leave, but I’m giving it a go nonetheless! I’ll be pretty chuffed if I end the year with ~£700 saved. No idea what I’d spend it on though :see_no_evil:

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Can this be paid into a third party savings account like paragon to earn interest?

Yes.

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Im going for it this year!

Am I right in remembering that this wont run if you’re in your overdraft OR it would take you into your overdraft?

All setup and ready for tomorrow

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Any chance this will work with joint accounts in the future. We do not use our individual accounts. Thanks

I’m also waiting for this to be available for joint accounts. I imagine loads of households use their joint account as the primary account!

We don’t. :slight_smile:

There are no announced plans for IFTTT to support joint accounts.