Save over £650 in a yr (with FREE printables)


When you’re determined to start out saving some cash – for any event – however your finances can’t stretch to £1 every week within the 52 week saving problem, how about attempting the Skint Dad 1p saving problem as an alternative?

First created at Skint Dad in 2015/2016, that is the unique 1p problem (up to date for 2023).

If you’re desperate to start saving some money – for any occasion – but your budget can’t stretch to £1 a week in the 52 week saving challenge, how about trying these saving versions instead?

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So many individuals have heard of the 52 week saving problem. When you haven’t, it’s fairly easy, so let me clarify.

The concept behind the cash saving problem is that you just save an rising quantity per week for every week of the yr. In week one, you save £1; in week two, you save £2; in three, you save £3 till you’re saving £52 by the final week of the yr.

The primary few weeks are clearly straightforward as you’ll should put away £10 out of your finances.

Nevertheless, by the top of the yr, you’ll be down the full every week of £49, £50, £51, £52 (£202!!) – that’s some huge cash for any month, not to mention December.

When you’re skint, this will get actually laborious!

For me, this goal simply appears a little bit bit too far out of my consolation zone.

Though we’d be capable of make the financial savings initially inside just a few months, our finances simply wouldn’t stretch anymore, and we’d fail.

If these are the form of targets that you just’ve been however really feel such as you’re setting your self as much as fail, then suppose once more!

The challenges might be simply tailored for the skinter folks of the world, and the Skint Dad 1p Saving Challenges are even simpler to do!

Joyful saving – say goodbye to being skint!

Skint Dad’s 1p saving problem for 2023

As an alternative of attempting to over-save, why not attempt an identical saving problem by saving only a penny at a time (nonetheless rising every day)?

So there are a few of you saying, “Only a penny? Are you loopy? There’s no likelihood you’d save something saving a penny a day!”

However might I?

Effectively, one penny provides up rapidly.

In a yr, it can save you almost £700 by placing simply 1p away on day one, 2p on day two….you get the thought.

For a traditional (365 day) yr, it can save you £667.95; in a bissextile year, it can save you £671.61.

How a lot has been saved?

Greater than 16 million folks within the UK have financial savings of lower than £100, in keeping with a research by the Cash Recommendation Service.

With out even attempting, the 1p saving problem can simply see you hit £100 in financial savings!

This can be a actually widespread problem, and it’s modified how persons are saving cash.

Within the final yr alone, if everybody who accessed our free 1p saving problem printable managed to avoid wasting the total quantity, there could be a collective financial savings complete of…

…drum roll, please…


£36 million kilos! 

Now I’m not saying that everybody hit on the print button, or that everybody managed to avoid wasting for all the yr, however simply think about in the event that they did.

It simply goes to point out the potential amount of cash we might collectively save – simply by saving your pennies!

Plus, the Skint Dad 1p problem has been so widespread that it’s been picked up over time by the press and a great deal of different cash websites, who clearly suppose this fashion of saving rocks, which implies much more folks will probably be saving cash.

2023 1p problem – free printable

By widespread demand, the Skint Dad 1p Problem suits onto one A4 sheet.

Downloadable PDF:  Skint Dad 1p Problem 2023

Downloadable Excel doc: Skint Dad 1p Saving Problem Excel doc 2023

This’ll assist save your printer ink, paper use and can imply fewer issues to lose.

We’ve nonetheless bought all the very best options that you just’ve instructed us you like.

You’re in a position to tick off every of the twelve months as you go, and also you’re in a position to monitor how a lot you’ve saved alongside the way in which.

Skint Dad 1p Saving Challenge printable 2023

In a bissextile year, whereas some folks get to have a birthday for the primary time in 4 years, others suppose it’s fortunate for a lady to suggest to a person. In terms of a financial savings problem, it means it can save you extra.

It can save you an additional £3.66 in a bissextile year, which means the full it can save you is £671.61. We regulate the printable for an additional day for financial savings and can share the bissextile year chart once more in 2024.

Need assistance with the 1p problem?

Many individuals began the 1p saving problem at first of the yr, however just a few of you’ve began to wrestle.

Don’t get delay!

We’ve bought loads of tricks to hold you on monitor so you’ll be able to nonetheless save £667.95 by the top of the yr.

One solution to give your saving journey some further hearth is to determine on a particular saving aim.

You’ll be further motivated not just for the sake of spending much less but in addition by with the ability to do or have stuff you didn’t suppose have been attainable.

And, to assist get your financial savings shifting even quicker, The Cash Builders has loads of concepts to assist develop your cash quicker with suggestions round incomes extra out of your profession or discovering the proper aspect hustle.

For extra inspiration, listed here are some bucket checklist adventures that may allow you to visualise what is feasible, even once you’re beginning with pennies!

Need to save in a different way? Attempt another financial savings problem

Undated 1p saving problem – to make use of at any time of the yr

When you’re a fan of our previous codecs, we’re not going to eliminate them – don’t fear.

365 Day Penny Saving Challenge

Listed below are the earlier variations:

Downloadable PDF: Skint Dad 1p Problem

Downloadable Excel doc: Skint Dad 1p Problem


Backwards 1p saving problem

Do you suppose you’ll discover it too laborious to avoid wasting the bigger amount of cash in December?

With Christmas looming having extra cash to avoid wasting could possibly be a bit robust for some so, by widespread demand, I’ve turned the entire financial savings template backwards.

This implies you’ll begin by saving £3.65 on day one, £3.64 on day two and by the previous few days you’ll be placing away simply pennies.

Undated to make use of at any time of the yr

Downloadable PDF: 365 Backwards 1p Saving Problem

Downloadable Excel doc: 365 Backwards 1p Problem

365 pennies – saving weekly

52 Week Saving Challenge

Saving each day will get more durable as every day goes on (does anybody have that many coppers?!)

As an alternative, why not do this tailored model (plus this solely takes one web page to print). Relying on how a lot you’ve bought spare every month, this can be a bit laborious once you attain the ultimate weeks. The final month you might want to save £101.79 to hit the goal.

Downloadable PDF: Penny Saving Problem Weekly

Downloadable Excel doc: Penny Saving Problem Weekly

Save £650 – for the finances aware

Save 650 in a year

Saving cash might be robust!

When you don’t have a ton of additional money left after paying all of the payments, placing something away can seem to be an actual stretch.

When you have a decent finances I do know simply how tough it’s to have altering quantities popping out of my financial institution every week. As saving can show tough, how about simply saving the identical quantity every week as an alternative – you’ll nonetheless obtain a £600 saving!

I believe this may be the simplest one to do. I do know the thought of saving with a 52-week problem appears fairly enjoyable, however saving the identical quantity is way simpler when it comes to budgeting and it’s simpler to arrange a standing order.

Downloadable PDF: Save £650 a yr

Downloadable Excel doc: Save £650 a yr

Clean template – 52 week saving problem

If you wish to save kind of every week then you definitely don’t should do the quantities I recommend. As an alternative, use this template 52 week saving problem crib sheet and enter your personal determine.

The steadiness will work out your annual financial savings quantity for you.

Downloadable Excel doc: Template 52 week saving problem

Simple cash saving

chip savings

The 1p financial savings problem isn’t for everybody.

As an alternative, save your cash with the Chip app. 

Chip works out how a lot you’ll be able to afford to avoid wasting, with out leaving you skint.

Discover out extra in our Chip overview.

Bear in mind, every picture might be opened as a PDF for simple printing or you’ll be able to obtain them without cost as a spreadsheet. When you’re anxious about downloading the paperwork please contact me and I’d be glad to electronic mail you the doc as an alternative.

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Get your financial savings off to a fantastic begin.

Be a part of the Skint Listing e-newsletter the place every week we’ll be sharing unique content material, money-saving guides, further earnings concepts and superior competitions.

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Associated articles:

Don’t simply consider these saving objectives as one thing you might want to begin on 1st January as a New Yr decision, and even on the primary of any month.

There are not any dates on a few of the charts and so they have been left off on function.

This then offers you the choice to start out them on any day, week or month that fits you.

Ricky Willis
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