I've tucked away nearly £6,500 using simple savings challenges - and you can too

The platform then tells your Monzo account what to do, shifting money into savings pots in line with the rules of the savings challenge you’ve picked.

While apps like Chip and Plum work out how much you can afford to save, and then automatically move this amount from your bank account to your savings.simply from letting these apps tick over in the background for over half a year. Here are all the savings challenges Jordan followed to raise money for a trip to Japan and furniture for his new home that you can try too.“Every time it rains in my post code area, £1 is taken out of my current account and into my ‘rainy day’ pot,” he said.

“It was pretty cool to see £667.95 in my savings pot when I finished the first challenge - I found it was easy to stick to.”

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