Supercharged 1p challenge update

So far so good with my supercharged 1p challenge, for those who don't know how a 1p challenge work it is quite, simple each day you save 1p more than the day before, so day 1, you put away 1p, day 2 you put away 2p day 3 you put away 3p and so on in a year at day 365 you would be putting away £3.65. This works out to over £667.

So I worked out as I had nearly 6 years until retirement, what would happen if I carried that on for the 2,165 days and it would be over £23,400. An amazing figure with such a simple concept. Noe to me, getting a penny, then two pence, and so on seemed a bit of a chew, also I wanted to see results quickly as we all do. So for the first 50 days I have put a £1 a day away, totalling £50 now. With the intention of working out a way of upping the amount per day at certain times.

Below is a table I have worked, out and if I can keep to it, it shows the results of my actions, now come next year I am more than likely to keep it at £10 a day as that is £300 pound a month on average plus other savings I am making such as not spending money at work. It is great to see your goal, but it is no good setting one which is unachievable.

Would love your thoughts folks.

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end of month	days in total	money saved per day	Total saved	comparative 1p challenge	How much ahead of the standard challenge
up to the end of Oct	50	£!	£50	£12.75	+£37.25
Nov	80	£2	£110	£32.40	+£77.60
Dec	101	£3	£203	£51.51	+£151.49
Jan 2019	132	£4	£327	£87.78	+£239.22
Feb	160	£5	£467	£128.80	+£338.20
Mar	191	£6	£653	£183.36	+£469.64
Apr	221	£7	£863	£245.31	+£617.69
May	252	£8	£1,111	£318.78	+£792.22
June	282	£9	£1,381	£399.03	+£981.97
July	313	£10	£1,691	£491.44	+£1,199.56
August	344	£10	£2,001	£593.40	+£1,407.60

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