Overview
- The plan saves 1p on January 1 and increases by a penny each day to £3.65 on December 31, reaching £667.95 by the end of 2026 as promoted by MoneySavingExpert and Martin Lewis.
- Monthly lump-sum options are published by MoneySavingExpert, including examples such as £4.96 for January and £108.50 for December, which add up to £667.95.
- Digital banking tools can automate the transfers, with Monzo and Plum able to move the daily amounts into a savings pot that users can pause or access at any time.
- A first-person report in the Bradford Telegraph & Argus describes completing the 2025 challenge with £667.95 saved plus £4.66 interest in an online Chase pot.
- Guides highlight flexibility to start later or stop early and still surpass £500 by November, with some suggesting reversing the order to front-load the larger amounts.