{"id":138360,"date":"2025-09-15T07:17:22","date_gmt":"2025-09-15T07:17:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/138360\/"},"modified":"2025-09-15T07:17:22","modified_gmt":"2025-09-15T07:17:22","slug":"use-this-100-day-savings-challenge-to-put-away-over-2000-by-christmas","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/138360\/","title":{"rendered":"Use this 100-day savings challenge to put away over \u00a32,000 by Christmas"},"content":{"rendered":"

\t\t\"Close
\n\t\tIt\u2019s not as far away as you might think (Picture: Getty)<\/p>\n

The summer<\/a> sun may still be shining, but Christmas<\/a> is right around the corner \u2013 and there are just over 100 days left to get prepped for the occasion.<\/p>\n

While you might not want to think about it yet, laying the groundwork now can ease a lot of stress nearer the time, helping you avoid last-minute panic buying and getting into debt<\/a>.<\/p>\n

Last year, 4 million UK adults planned to use credit cards for Christmas spending, with almost half (47%) telling StepChange<\/a> it\u2019d take them more than six months to repay what they borrowed.<\/p>\n

But if you want to lessen the grim financial hangover<\/a> that lasts long past January, spreading the cost of celebrations<\/a> before the big day could be the way forward.<\/p>\n

In fact, not only can this 100-day savings<\/a> challenge see you putting away up to by December 24, it also helps you make saving a habit beyond the festive season; how\u2019s that for a head start on your New Year<\/a>\u2019s resolution?<\/p>\n

To start, all you need to do is get yourself a vessel for your cash, or set up a separate account if you prefer to keep things digital. Certain banks also allow you to automate deposits (such as Monzo Pots) which is particularly useful for those who struggle to stick to a plan due to sheer forgetfulness.<\/p>\n

\t\t\"Socks
\n\t\tCome the festive season, you could be sitting pretty (Picture: Getty Images)<\/p>\n

A chart so you can tick off what you\u2019re saving when you do it may be handy too, ensuring you know where you are and giving you a daily sense of accomplishment that keeps you on track.<\/p>\n

Now, in terms of numbers: on Tuesday, you\u2019ll start your pot with 50p. Wednesday, you put in \u00a31, then add \u00a31.50 on Thursday, \u00a32 on Friday, and so on. Each day, you raise the amount you save by 50p, watching the total gradually rise to an eventual \u00a32,525.<\/p>\n

To view this video please enable JavaScript, and consider upgrading to a web
\n\t\t\t\t\t\t\tbrowser that
\n\t\t\t\t\t\t\tsupports HTML5
\n\t\t\t\t\t\t\t\tvideo<\/a><\/p>\n

Using these amounts, the most you\u2019ll put in on any given day is \u00a350 (on Christmas Eve) \u2013 and while that might seem like a lot, the incremental rise eases you in. Plus, when you compare it to the \u00a350 you could easily blow on a single shopping trip, it isn\u2019t quite so daunting.<\/p>\n

\t\t\t\tExample 100-day savings challenge schedule 1\t\t\t<\/p>\n

If you go up in increments of 50p, this is what your savings schedule will look like\u2026<\/p>\n

September 16: 50p
\nSeptember 17: \u00a31
\nSeptember 18: \u00a31.50\u00a0
\nSeptember 19: \u00a32\u00a0
\nSeptember 20: \u00a32.50\u00a0
\nSeptember 21: \u00a33\u00a0
\nSeptember 22: \u00a33.50\u00a0
\nSeptember 23: \u00a34\u00a0
\nSeptember 24: \u00a34.50\u00a0
\nSeptember 25: \u00a35\u00a0
\nSeptember 26: \u00a35.50\u00a0
\nSeptember 27: \u00a36\u00a0
\nSeptember 28: \u00a36.50
\nSeptember 29: \u00a37
\nSeptember 30: \u00a37.50
\nOctober 1: \u00a38
\nOctober 2: \u00a38.50
\nOctober 3: \u00a39
\nOctober 4: \u00a39.50
\nOctober 5: \u00a310
\nOctober 6: \u00a310.50
\nOctober 7: \u00a311
\nOctober 8: \u00a311.50
\nOctober 9: \u00a312
\nOctober 10: \u00a312.50
\nOctober 11: \u00a313
\nOctober 12: \u00a313.50
\nOctober 13: \u00a314
\nOctober 14: \u00a314.50
\nOctober 15: \u00a315
\nOctober 16: \u00a315.50
\nOctober 17: \u00a316
\nOctober 18: \u00a316.50
\nOctober 19: \u00a317
\nOctober 20: \u00a317.50
\nOctober 21: \u00a318
\nOctober 22: \u00a318.50
\nOctober 23: \u00a319<\/p>\n

October 24: \u00a319.50
\nOctober 25: \u00a320
\nOctober 26: \u00a320.50
\nOctober 27: \u00a321
\nOctober 28: \u00a321.50
\nOctober 29: \u00a322
\nOctober 30: \u00a322.50
\nOctober 31: \u00a323
\nNovember 1: \u00a323.50
\nNovember 2: \u00a324
\nNovember 3: \u00a324.50
\nNovember 4: \u00a325
\nNovember 5: \u00a325.50
\nNovember 6: \u00a326
\nNovember 7: \u00a326.50
\nNovember 8: \u00a327
\nNovember 9: \u00a327.50
\nNovember 10: \u00a328
\nNovember 11: \u00a328.50
\nNovember 12: \u00a329
\nNovember 13: \u00a329.50
\nNovember 14: \u00a330
\nNovember 15: \u00a330.50
\nNovember 16: \u00a331
\nNovember 17: \u00a331.50
\nNovember 18: \u00a332
\nNovember 19: \u00a332.50
\nNovember 20: \u00a333
\nNovember 21: \u00a333.50
\nNovember 22: \u00a334
\nNovember 23: \u00a334.50
\nNovember 24: \u00a335
\nNovember 25: \u00a335.50
\nNovember 26: \u00a336
\nNovember 27: \u00a336.50
\nNovember 28: \u00a337
\nNovember 29: \u00a337.50
\nNovember 30: \u00a338
\nDecember 1: \u00a338.50
\nDecember 2: \u00a339
\nDecember 3: \u00a339.50
\nDecember 4: \u00a340
\nDecember 5: \u00a340.50
\nDecember 6: \u00a341
\nDecember 7: \u00a341.50
\nDecember 8: \u00a342
\nDecember 9: \u00a342.50
\nDecember 10: \u00a343
\nDecember 11: \u00a343.50
\nDecember 12: \u00a344
\nDecember 13: \u00a344.50
\nDecember 14: \u00a345
\nDecember 15: \u00a345.50
\nDecember 16: \u00a346
\nDecember 17: \u00a346.50
\nDecember 18: \u00a347
\nDecember 19: \u00a347.50
\nDecember 20: \u00a348
\nDecember 21: \u00a348.50
\nDecember 22: \u00a349
\nDecember 23: \u00a349.50
\nDecember 24: \u00a350<\/p>\n

Total by Christmas: \u00a32,525<\/p>\n

That said, the beauty of this challenge is that you can alter the amounts and timings to suit you.<\/p>\n

If your income won\u2019t stretch as far, you can use the same method but cut the deposits in half, going up in increments of 25p each day instead and finishing with a total of \u00a31,411.<\/p>\n

Alternatively, if you know you\u2019ll be using the cash to buy presents online, you could choose to reduce the length of the challenge. For example, this year Black Friday<\/a> falls on November 28 \u2013 a nice, round 75 days from now \u2013 so if you stick to the original schedule until then, you\u2019ll wind up with \u00a31,425.<\/p>\n

\t\t\t\tExample 100-day savings challenge schedule 2\t\t\t<\/p>\n

Alternatively, if you go for the 25p increment option, here\u2019s what it\u2019ll look like\u2026<\/p>\n

September 16: 25p
\nSeptember 17: 50p
\nSeptember 18: 75p
\nSeptember 19: \u00a31
\nSeptember 20: \u00a31.25
\nSeptember 21: \u00a31.50
\nSeptember 22: \u00a31.75
\nSeptember 23: \u00a32
\nSeptember 24: \u00a32.25
\nSeptember 25: \u00a32.50
\nSeptember 26: \u00a32.75
\nSeptember 27: \u00a33
\nSeptember 28: \u00a33.25
\nSeptember 29: \u00a33.50
\nSeptember 30: \u00a33.75
\nOctober 1: \u00a34
\nOctober 2: \u00a34.25
\nOctober 3: \u00a34.50
\nOctober 4: \u00a34.75
\nOctober 5: \u00a35
\nOctober 6: \u00a35.25
\nOctober 7: \u00a35.50
\nOctober 8: \u00a35.75
\nOctober 9: \u00a36
\nOctober 10: \u00a36.25
\nOctober 11: \u00a36.50
\nOctober 12: \u00a36.75
\nOctober 13: \u00a37
\nOctober 14: \u00a37.25
\nOctober 15: \u00a37.50
\nOctober 16: \u00a37.75
\nOctober 17: \u00a38
\nOctober 18: \u00a38.25
\nOctober 19: \u00a38.50
\nOctober 20: \u00a38.75
\nOctober 21: \u00a39
\nOctober 22: \u00a39.25
\nOctober 23: \u00a39.50
\nOctober 24: \u00a39.75
\nOctober 25: \u00a310
\nOctober 26: \u00a310.25
\nOctober 27: \u00a310.50
\nOctober 28: \u00a310.75
\nOctober 29: \u00a311
\nOctober 30: \u00a311.25
\nOctober 31: \u00a311.50
\nNovember 1: \u00a311.75
\nNovember 2: \u00a312
\nNovember 3: \u00a312.25
\nNovember 4: \u00a312.50
\nNovember 5: \u00a312.75
\nNovember 6: \u00a313
\nNovember 7: \u00a313.25
\nNovember 8: \u00a313.50
\nNovember 9: \u00a313.75
\nNovember 10: \u00a314
\nNovember 11: \u00a314.25
\nNovember 12: \u00a314.50
\nNovember 13: \u00a314.75
\nNovember 14: \u00a315
\nNovember 15: \u00a315.25
\nNovember 16: \u00a315.50
\nNovember 17: \u00a315.75
\nNovember 18: \u00a316
\nNovember 19: \u00a316.25
\nNovember 20: \u00a316.50
\nNovember 21: \u00a316.75
\nNovember 22: \u00a317
\nNovember 23: \u00a317.25
\nNovember 24: \u00a317.50
\nNovember 25: \u00a317.75
\nNovember 26: \u00a318
\nNovember 27: \u00a318.25
\nNovember 28: \u00a318.50
\nNovember 29: \u00a318.75
\nNovember 30: \u00a319
\nDecember 1: \u00a319.25
\nDecember 2: \u00a319.50
\nDecember 3: \u00a319.75
\nDecember 4: \u00a320
\nDecember 5: \u00a320.25
\nDecember 6: \u00a320.50
\nDecember 7: \u00a320.75
\nDecember 8: \u00a321
\nDecember 9: \u00a321.25
\nDecember 10: \u00a321.50
\nDecember 11: \u00a321.75
\nDecember 12: \u00a322
\nDecember 13: \u00a322.25
\nDecember 14: \u00a322.50
\nDecember 15: \u00a322.75
\nDecember 16: \u00a323
\nDecember 17: \u00a323.25
\nDecember 18: \u00a323.50
\nDecember 19: \u00a323.75
\nDecember 20: \u00a324
\nDecember 21: \u00a324.25
\nDecember 22: \u00a324.50
\nDecember 23: \u00a324.75
\nDecember 24: \u00a325<\/p>\n

Total by Christmas: \u00a31,411<\/p>\n

Obviously, this savings challenge isn\u2019t for everyone; first and foremost, it can\u2019t magic up money you don\u2019t have out of thin air.<\/p>\n

But for those who have disposable income yet always end up putting Christmas on credit cards, or folks who need more of a push to get them excited about saving and keep them committed to achieving a goal, it\u2019s worth a try.<\/p>\n

Every good habit has to start somewhere, right?<\/p>\n

And by taking that first step, you could get to December 26 celebrating your newfound financially responsible self.<\/p>\n

Do you have a story to share?<\/p>\n

Get in touch by emailing MetroLifestyleTeam@Metro.co.uk<\/a>.<\/p>\n

Arrow
\nMORE: EastEnders boss drops first Christmas spoilers and they\u2019re intriguing<\/a><\/p>\n

Arrow
\nMORE: Travel warning issued for anyone taking Ozempic, Mounjaro or Wegovy abroad<\/a><\/p>\n

Arrow
\nMORE: Martin Lewis says 728,000 Brits are unknowingly eligible for \u00a32,200 HMRC payout<\/a><\/p>\n


\n\t\t\tComment now<\/p>\n

\t\t\tComments
\n\t\t<\/a>\t\t\t\t\t\t<\/p>\n

\t\t\t\tThe Slice<\/p>\n

Your free newsletter guide to the best London has on offer, from drinks deals to restaurant reviews.<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s not as far away as you might think (Picture: Getty) The summer sun may still be shining,…\n","protected":false},"author":2,"featured_media":138361,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,3462,5361,460,4176,5100,655,2222,11667,4174,4175,8666,56,54,55],"class_list":["post-138360","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-christmas","tag-credit-cards","tag-debt","tag-finance","tag-hacks","tag-lifestyle","tag-money","tag-money-tips","tag-personal-finance","tag-personalfinance","tag-saving","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/138360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=138360"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/138360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/138361"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=138360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=138360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=138360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}