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1p Saving Challenge: How to Save Over £100 in 30 Days

1p Saving Challenge: How to Save Over £100 in 30 Days

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Including a free 1p penny challenge printable

If you’re looking to save money easily so you can treat your family then this 1p saving challenge is for you. We all know that saving our family money isn’t easy but by completing the five steps below you could be on your way to saving your family over £650.

How does the penny challenge work

This 365 days money saving challenge works by you saving a penny a day. So on day one, you save £3.65. On day two you save £3.64 in till you get to day 365 and you save 1p, with a massive £667.95 in the bank.

That’s £667.95 for doing nothing but putting a few coins in a jar every day.

The first day does seem hard but it gets easier as it goes down and soon you’ll just be looking for small change.

You can download our FREE 1p saving challenge here by joining our Resource Vault

Updated for January 2023

If you are looking for more saving money ideas then have a look at:

103 Frugal Living Tips That Will Save You Thousands in 2023 – These are the best money saving tips for your whole family. They are all really simple things that you can do now that will make a huge difference.

101 Ways to Save Money on a Tight Budget – If you have a very tight budget then it can be hard to find some money to save.

The Ultimate £1 Per Head Budget Meal Planning List – This is our biggest list of £1 a head family meals that can help you to save money as a family.

Join Our Free Money Saving Challenge

One of the best ways to start saving money is with a challenge. Right now we are running a FREE money saving challenge to help all our readers save their family more money.

Join our free money saving challenge and learn how to save your family money

You’ll learn how to save your family money every month and hopefully, help you to build a nest egg to use to treat your family.

This free email course is run over 6 weeks, with 12 different lessons as follows:

• Day 1: Laying the groundwork
• Day 2: Create a budget
• Day 3: Setting financial goals
• Day 4: List debts and savings
• Day 5: Reduce outgoings
• Day 6: Saving money on annual spending
• Day 7: Increasing your income
• Day 8: Quick cash hits
• Day 9: No-brainers
• Day 10: Thinking outside the box
• Day 11: Staying motivated
• Day 12: Choosing the next steps

There are 2 lessons every week. Don’t worry if you can’t keep up every week. Just keep them in a folder and refer back when you’re ready.

(This is a FREE course. The cost of this course is nothing. Zero) That’s right, this course is 100% FREE.)

Join our free Money Saving Course here and get access to our FREE Resource Vault as a thank you. 

Make £650 with our penny challenge

It’s true it’s hard to save money as a family. By trying these five tips below you could have over £650 towards your saving goal. Here are our five best money saving tips to help you save your family as much money as possible and smash your saving goal.

Start by downloading our penny challenge sheet to help keep you on track. Having a savings challenge that you can really get into can really help you save!

You can download our 1p saving challenge 2023 printable here by joining our free Resource Vault.

1p Saving Challenge: How to Save Over £100 in 30 Days

Meal Plan

You can make your own weekly meal plan or download my meal plans and shopping lists for free from the Resource Vault.

Having several copies on hand will help inspire you to get started and keep up the meal plans for several weeks.

Before you know it, meal planning will become a natural part of your routine.

If you are struggling to meal plan then have a look at:

The Ultimate £1 Per Head Budget Meal Planning List

One Month of Family Meal Ideas on a Budget

21 Cheap Meals for a Week for a Family

Switch energy suppliers

Start by calling up your current supplier and asking them if there is anything they can do about the price. If you are struggling, then make sure you tell them early so that they and you can make a payment plan.

If you are looking to compare your energy deal to others then have a look at Ooki. They help you to compare energy prices and make sure that you are on the best deal possible.

Seach Ooki here for free and find out if you are on the best deal*

Prefer to do it yourself and want to get £50 free credit on your bill?

Use cashback sites

Every time you buy online you could be getting cashback. Have a look at:

OhMyDosh is a cashback website that you can use every time you are shopping online. They offer a range of cashback offers so make sure you always check the site before you buy.

Join OhMyDosh here using our link and get £1 added to your account for free*

Read more about how OhMyDosh works here

Swagbucks is another great site you can earn. While you shop online you can watch entertaining videos, search the web, answer surveys and find great deals that earn your points. These get turned into gift cards to your favorite retailers like Amazon and M&S or you can get the cash via Paypal (with fees.)*


Don’t settle for the price. Start by phoning up all your existing suppliers for a better deal.

Use a compassion site like GoCompare to check you’re on the right deal. For TV subscriptions, set aside an hour and check for the latest deals.

If you’ve been with Sky TV* for a while then you may be able to join SKY VIP. You can get money off your existing package and offers on new ones.

It’s true that you still have to haggle though so put aside a good hour and decide on the line you will cross ie canceling or not.

If you need to cut down then have a look at the below options that offer you free trials:

Amazon Prime – Includes TV and next day delivery. Free for 3o-days.

Netflix – Loads of shows and free for a month. 

Remember to set an alarm to cancel them before the date is up!

Where to put your pennies

If you prefer to do your savings online, then why not set up a free savings account with the added bonus of interest being added. Depending on how high your interest rate is, you’ll get a bit extra added on top. Win!

If you’re saving directly for your kids to have pocket money (let’s be honest, it happens to us all) then have a look at goHenry*.

It’s a pre-paid card that you can transfer money to. Meaning tweens and teens can spend it like a debit card but can’t go overdrawn.

It means you can keep track of what you give them and what they are spending the money on. Perfect if you are on a limited budget.

If you’re looking for a jar or two to keep them in then why not try:

Automatic Counting Money Box Jar LCD Display*

You can print your FREE 1p saving challenge Chart PDF here

It may just be 1p a day, but like the old saying goes, it all adds up. The good part of this challenge is that the first week is the hardest and the most expensive, so by the time you get into a routine of saving, you will notice the amount less.

My only tip is to try not to think of this as something you can only start in January. You can start it anytime.

There are no dates on the PDF and it can be adapted any way you like. So you can repeat the first 30 days all year, which would give you a massive £1,260 at the end of the year!

If starting at £3.65 feel daunting, then start further down and save what you can. This really does give you the option to start on any day.

Other Successful Ways to Save at Home

If like mine your family is obsessed with technology then have a look at the below three apps. These three money-saving apps will help your family reach their saving goals in no time. Have a look at:

Snoop App

Snoop is a free money management app that uses open banking to help you save money. They also help you by recognizing areas that you can save.

Download the Snoop app for free here on Apple or Android phones*

Read more about how the Snoop app works here.

Plum App

Plum is free and compatible with most UK bank accounts. Once you connect it to your online banking, it gathers information about your spending and uses that data to work out how much you can afford to save.

Every few days it transfers an amount it believes to be affordable automatically. The best thing is you can get to your money anytime so if you suddenly need it you can transfer back straight away!

Download the Plum app here for free for Apple and Android phones*

Read more about how Plum works here


If you find it hard to stretch your outgoings, then this app is for you. You have to get your salary paid into a separate account (run by Barclays so don’t worry, it’s all legit) and it then releases the money gradually back into your current account so you don’t spend it all at once.


Yolt syncs to your accounts in one view, see your spending clearly and do more with easy budgeting, international money transfers and energy comparison.

No Money Left to Save

We’ve all struggled to save but if you really need to save money so you can pay off debt then the first step is to budget. Know what you have coming in and out and prioritize what needs to be paid for first.

So how do you budget?

Look at the last three months’ shopping bill, your last energy bill, annual bills and anything else you spend your money on. Be honest with yourself. Then divide it by three to come up with your outgoings.

The aim is to have your books balancing – so you’re not spending more than you earn. To do that, you need to work out how much you spend on and on what.

Once you’ve done that, you need to scan through and decide what your categories will be. This could be petrol, Christmas saving, clothes, food, hobbies etc.

Now you need to decide how much from your wages you can use for each of your categories.

Use our budget sheet to keep track of what’s going on. Try and pay off your biggest debt first or your debt with the biggest interest rate. The 1p saving challenge is a great way to save whatever you need the money for and you can get the whole family involved.

If you feel like the 1p saving challenge is going to make money tight, then why try these five ways you can make money now to help you pay toward your savings goals.

Related Posts: 

Don’t be afraid to sell things

If you are your family have loads of stuff you don’t use then consider selling it to balance the books. Of course, it’s a one-off, but hopefully, you can use the money to repay debts or get your savings back together.

This may mean selling a second car or down to toys the kids no longer play with. If you haven’t used the item in 6 months then consider selling it. We sell across eBay and Facebay.

For bigger items eBay* is the best place to sell. You can add collection only and as a personal seller eBay only take a percentage when you sell. 

Make money through a skill

Are you good online? Do you have social media experience or admin skills? Then have a look at becoming a Virtual Assistant.

A Virtual Assistant is someone who works from home, who can perform all the nitty-gritty admin jobs that a client needs remotely.

Read more about becoming a Virtual Assistant here

Honest reviews are more important than ever. Companies will send you free products to test and review and in some cases cash for your time. A good site to look at is Buzzoole.


Make money around the kids. Surveys aren’t going to make you rich and they can be a pain to complete, especially if you get screened out. I have found the three survey websites that consistently work for me and I have stuck with them.

Here are my top 5 survey websites, in order:

Prolific Academic* – Never get screened out again. Answer surveys and get paid for your time! 

You Gov* – A government survey site that pays out when you reach £50.

Swagbucks* – A survey and cashback website that you can do  on the go.

Oh My Dosh* – This is a free site that you can earn money from. Cash out is only £10.

Valued Opinions* – You can earn up to £5 for each paid survey and get paid in vouchers.

Matched Betting

Matched betting is a completely legal, tried and tested way to make money online while you’re at home. It basically turns the tables on the bookmakers, to give you their free bet offers, so you can’t loose.

If you’re doing it correctly, you will never loose any money, but you do need to take your time and be really careful to avoid any mistakes.

Make sure you understand fully before you deposit any money.

This matched betting guide is for beginners who want to place their first bet safely, but have no idea how matched betting even works.

We use Profit Accumulator* who offers you free use in till you make £45. This gives you enough time to work out if matched betting is really for you.

Having some money behind you will really help to take any stress off about how you feel about your finances. Don’t feel bad.

It happens to us all. Just be honest with yourself when writing down your budget. Cancel everything non-essential for now and start again when you feel more in control.

If things are so grave that you feel that no amount of saving money or budgeting will help then please visit a free non-profit debt crisis agencies like Citizens Advice Bureau, StepChange Debt Charity or National Debtline as soon as possible. Please don’t sit in silence.

Laura x

If you enjoyed this post and would like some more money saving ideas, then head over to the saving my family money section here on Savings 4 Savvy Mums where you’ll find over 50 money saving tips to help you save your family more. There’s enough tips to help you save over £300 a month! You could also pop over and follow my family saving Pinterest boards for lots more ideas on how to stop spending and save more; Money Saving Tips for Families and Managing Money for Families

Love this post? Then why not save it to Pinterest so you can easily find it later. 

Save easily with this 1p Saving Challenge. Sticking to it for 30 days means you could save £105, that's £667 over a year by Laura at Savings 4 Savvy Mums

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