6 Easy Savings Challenges For 2023
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- čas přidán 28. 12. 2022
- In today's video, I share 6 easy savings challenges you can do for 2023. Some of them are easier than others, but there's no reason to give them a go. I'm going to try my best! Which one do you think sounds the best? Links below :)
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This year I did the 50p and £2 coin challenge, aswell as saving money left over from my weekly shop! I saved a total of £307.49!! This went into my holiday account so that I can have a short break away.
Amazing 😍
I've don't 50p and £2 savings for years. I keep them in a nice little box and then like you I use them for holidays or other big items I might want to buy. At the I haven't counted my current hall of coins but I'm guessing over £150+.
I managed a penny challenge and by end of the year i had over 600 pounds and managed to replace my leaky bathroom window!
It was a slog but worth it.
But if i could do all these savings challenges you mentioned it would be put towards a holiday for the family and a chunk off my mortgage to pay it off quicker
That’s fantastic ☺️
I’ve just started the penny challenge. I already do £1 and £5 and put them
In jar and last year I had £2500 so I’m doing that again 😊
I've started saving for 2023 Christmas. I get paid once a month. I take $500USD out first thing. $200 total goes into envelopes for my children and grandchildren each month. The rest is groceries $80/month, home insurance $100/month, gasoline/car maintenance $40/month, takeout/clothing/shoes $60.
Then I have other expenses that I pay online from my banking account. Trying this year to cut back on whipping my debit card out for impulse purchases.
I enjoy your channel and plan on visiting it more often. 😊
I am saving 2 pound coins in a jar plus 10.00 notes when possible.
I have learnt so much from your blogs on how to save and reduce my spending.
No Spend January is my next challenge. Happy New Year Nicola, I hope life improves for you all.
And to you ❤️
Have ordered your 2023 challenge card set . Looking forward to using it! ☺️
Thank you for your order 😍
Lovely video. I will be definitely upping my savings this year.
I literally just got that same binder today. I just found your channel today as well!
Thank you for watching :)
I did the five pound challenge and saved £260!! 🎉
This year I’m doing the £1/£2/£5 and Loose Change challenge. I’ve also printed a sheet with different note denominations to save £1000. If I don’t complete in 2023 I’ll carry it over to 2024!
The challenges are brilliant and like you say you do not notice the money gone! Just put aside each time from your change. Good luck Nicola x
Good luck to you too!
Yes I’m going to have a go at this, I can do the smaller denominations and see what happens. Thank you. Xxxxx
Good luck ☺️
Love saving challenges! After they are completed I use them for things that I would never thought I could afford such as a new throw rug for the dining room, a trip, etc. It adds up and the money used was either change or leftover money at the end of the week. So no pain! It is fun to count it all at the end of the year. This year will be a low spend/no spend year so it will be fascinating to see how much more I will save.
Love this!
Hi Nicola, just ordered my savings challenge bundle from your Etsy shop and I'm excited to see how much I save. Thanks so much for keeping your content going in difficult circumstances x
Thank you for your order ❤️
I am thrilled to see another video. I will gladly watch all videos. Hoping that this will in someway help your income.
Thank you ❤️
I’ve seen Martin Lewis has recommended the penny challenge apparently it’s over £600 a year xx❤
By the December you are socking away more than £3 a day. I have never made it beyond March😮
It’s easy to begin with but it gets more tricky as the year progresses. It’s a good challenge though!
I might try the 52 week challenge. In the larger numbers I might have to save up a couple of weeks to accomplish the larger numbers. Great challenges
Good luck ☺️
Thanks for this helpful reminder. I've fallen off the wagon recently in terms of savings but this has prompted me to start the 52 week savings challenge next week! Sarah
You can do it 🙌
I got adverts this time! You sound like you are feeling better. I hope so!
Great ideas on savings challenges! I would treat myself to a night away at an Airbnb and add the rest to retirement savings. But I have sinking funds for other things.
I do the 52 week challenge every year and I go 1-26 then 52 backwards to 27. I find I have more money in summer because I eat from my garden so I knock off the big weeks in summer.
I love the idea of a treat night away 😍
Love u love ❤ 😍 ur xhannal bless you and family 👪 ❤. Good challenges going to start some 🙂❤🧡💛💚
Thanks for share this
I’ve just started the 52 week challenge. I’m cashless so I found that one quite simple to transfer money to a savings account and colour a number in. I need to think of more cashless savings challenges to do.
Good luck with your challenge ☺️
I'm going to try and do them all this year (I've already got the trackers from your etsy store). A lot will be funded from selling bits and bobs lying round the house on ebay. £5 here, £8 there. Hopefully will fund next Christmas and a decent holiday x
Thank you for your purchase ❤️
Started the 52 week challenge today. I only get paid once a month so today I took $50 off Januarys grocery budget. I had $3 left from car gas money. $52 and $1 marked off. Fingers crossed I can keep to a tight grocery budget for January
You can do it 🙌
We save all small change under £1 and any £2 coins we get. In a year we had saved around £165
Fantastic 😍
I do not generally carry or use cash. In fact, I withdrew the $20 bill that is currently in my wallet in March 2022!! What I am doing this year as a challenge is that every time I buy something, I will transfer the rounding amount up to the nearest $5 increment into a Special Savings account (of course, only if I still have remaining funds in that budget to cover it). For example, if I grocery shop for $25.50, I will transfer $4.50 --round up to $30-- into the special account. It will be fun to see how much is in that special fund by the end of the year. Great channel!
Good luck with your challenge!
I am trying to do the 1,OOO challange started in November, also doing the five pound one, and saving up all my loose change everyweek and one pound coins
Good luck!
Here in Canada, our $1 and $2 coins are called Loonies and Toonies. I will join that challenge, even though I seldom have cash on me. Saving 10 and 20 dollar bills for me would be much more challenging.
I love that they are called loonies and toonies 😍 hi from Scotland
I love that they’re called that 😍
I am using the 52 week savings challenge to get one month ahead on my bills. Rather than do it in order I have been doing a high number then 3 lower numbers. Then back to a higher number. This way i am not having to do all the high values near christmas or all in one month. At some point I will have to concentrate on the higher values but if I can't manage it at least I will have saved something.
Love this idea 😍
Since June last year I’ve managed to save £810 for my 2 holiday spending money. I’m really happy with that.
Today I have purchased some stuff from esty- £1,£2,£5,£10,£20 and the penny saving challenge. Will prop start in February and finish February next year. Let see where I get 🎉
Hi Nicola, good to see you are looking more perky again.
I don't use cash unless I have to draw it from the bank to pay somebody. Instead I have 5 savings accounts with my bank. I use these for sinking funds and the money is automatically moved from my current account into the appropriate savings account by standing order on the 1st of the month when I get my pension. My bank also rounds up my spending to the nearest pound and these odds and ends go into my Christmas saving account. I'm doing 'no spend January' again which should help me get back on track. My biggest problem is the extra I'm having to find to cover my energy bills this winter as even with government help I will still need to find more money.
Sounds like you’ve got a great set up ☺️
I think my budget is pretty squeakily tight, so many of these are not options, but I think the £2 coin challeng might be doable.
Good luck ☺️
Cash itself is a bit of a rarity! I rarely have much cash any longer.
I find checking my bank accounts daily and putting either the loose pennies on the account or rounding the accounts down to amounts divisible by five and putting that residual amount into one of my account Savings Pots - adds up fairly quickly, and I benefit from the rising interest rates!
I tried the 52 week challenge once and, after the first two months, never had enough cash to tick the weeks off 😆
The loose change one can be good!
I’m saving for a house deposit but find it so hard to just move money into my savings account so use a range of challenges such as the 100 envelope etc as I’m motivated to put money in them and then I’ll just combine them all
Good luck with your house deposit!
The Last half year,I saved 1 Euro coins. And achieved 65 Euros ,until now.👍
Hi
Good video
I do the £1 and £5 challenge
😁
I’ve started already the 2023 1p a day challenge - have already saved £57.
Fantastic!
There great challenges 👍 👍
Am doing the 52 envelope challenge putting away £5, £10 depending how much I can afford that week, am also doing the 1p challenge slighty different, I'm just see what coins I have left over and working out which ones I can mark of the 1p challenge, I seen a girl do this on another challenge and thought it was a great idea, especially when it's starts getting to £2 odd a day ect.
Mines will be going towards laying off debt.
Good luck ☺️
I'm doing the 1p challenge ending up with £667.95 at the end of year
I also did my own challange month january 10p a day February 20p a day March 30p a day till end November wouod be 1.10 a day and december 1.20p a day started it last november
I like the sound of this ☺️
@@NicolaatTheFrugalCottage 6:59
Worth it and seen adds up, started it end of year before so had the money for october towards christmas x@@NicolaatTheFrugalCottage its
Newbie here xx
Hello ❤️
Nicola want to ask i have boxes in my bed can you save up 20ps 1ps £1.00 in each box.
It’s up to you ☺️
Thank you dectied save up.£5.00 each box every Wednesday save it up grocery shopping
Hi Nicola, thankyou for this, i think i am going to do the £1 challenge but not out my money but from my partners as he leaves his wallet in the spare room at night so im going to take a £1 coin, maybe 2 each night and sometimes a fiver if i can get away with it. It should add up to quite a nice sum if i play it right and then i will buy his his christmas present with it! i think he will be super impressed with his gift next year :) xx
Love this! ☺️
Sneaky 😂
So he is buying for his own Christmas present in 2023. Nah, not a good look. Use your own money!
@@PRINCESSGEMINI1987 lol x
Next year going to do same as you no spend month in January going to do save up different money notes each envelope 2024 January 1st open the envelopes count my money notes
Good luck ☺️
@@NicolaatTheFrugalCottage thank you very munch. Dectied not going write on my refill pad what money notes going to save want it be supprise seee how much save up. Happy New year to you
I have decided going to save up change keep buying envelopes keep writing down the amount thinking about it find save up change easier find it hard saving up money notes in an envelope.
I will definitely be saving any change I get but rarely use cash. For others that don't- I recommend the Plum app. Saved loads without even thinking about it!
I’ve heard good things about Plum!