Save over £660 for next Christmas with the 1p savings challenge if you start on New Year's Day
The cost of living crisis, soaring energy bills, record-breaking inflation and interest rates have made 2022 a challenging year for nearly every household across Scotland and the rest of the UK. The perfect storm of financial challenges means that many people will be scaling back their festive spending this year to ensure they stay in the black.
The new year offers an ideal opportunity for implementing changes and starting new habits, while shaking off old ones, so why not try the penny challenge and look forward to having extra cash for next Christmas. So you start by saving 1p, then 2p, then 3p a day – right the way up to £3.65 by the end of December, 2023.
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