8 simple but effective saving challenges to help you put some money away

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Try one of these easy saving challenges to get started

. But if you do fancy getting involved with as much as possible this summer, you’re probably going to want to put some money aside to ensure you’re ready – and that’s where the concept of a saving challenge could help.“Can I have a hot girl summer without going broke?” When saving money comes up against FOMOsaving money

But if you do want to save a little extra cash – whether that’s for this summer, to treat yourself when the pandemic is over or simply to put away some money for the future – then these challenges could be a great place to start.is really simple – every time you buy something that costs more than £20, you put away another £5 into your savings pot.

Again, the premise is pretty simple – start by putting £1 away on Monday, and then, with every day that passes, increase the amount you save by a pound . By the end of the week, you’ll have saved £11. Although you won’t necessarily see the amount of money you save via this challenge by Chloé , it definitely works.

It’s nothing groundbreaking, but it’s a great way to stay on top of saving throughout the month, rather than waiting until the very end to put some money away.Ways to save money: “How I saved £9,700 in a year by asking this one simple question”into your life, but the concept of it is simple: when your bank account has a pence balance you transfer that number of pence to your savings account.

 

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