How to start a savings challenge

Fun and surprisingly lucrative, savings challenges can motivate you to save a little more. There’s something for every budget and they can help you get into good savings habits.

• save your age
• future you thanks you
• tiny top ups

A savings challenge that requires a little less maths is the save your age challenge. For this one, you basically save your age until your next birthday, giving you a little pot of gold just for you – Happy Birthday!

Are you 25? Save £25 each month. 45? Save £45. You could even do it for your little one, niece or nephew – using their age – to help pay for their birthday treat when the big day arrives.

A simple savings challenge with a big feel-good payoff. Choose an amount that works for you and move it into your savings every pay day, before you spend it. Even small, regular payments can build into something meaningful over time.

How it works:

1. choose your savings account
2. pick an amount you can stick to
3. pay future you every payday.

That’s it. Small amounts. Big future-you energy.

Taking the “future you thanks you” challenge can help you to:

• turn saving into something you do automatically, not just when you remember
• build up a pot for the things that matter to you – from family holidays and Christmas presents, to inevitable home repairs and vet bills.
• feel more in control of your money, knowing you’ve already done something positive for future‑you each time you get paid.

Tiny top ups are a simple way to save a little bit every day.

Each time you spend, you can chose to move the spare change - the last digit amount in pounds or pence into your savings. There's no automation or rules. Just a small action when it suits you.

How it works:

• you decide when to top up
• you chose how often you save
• you can skip, pause it, or stop anytime

An example is:

You spent £3.55 at the corner shop, you add the remaining 45p to your savings to round it up.

It's all about putting a little bit away regularly and building good habits.