Let’s face it – saving can be tough.

Today I want to introduce several savings challenges to help you on your path to building your personal wealth. I will be covering four challenges with varying difficulty (of course you will need to take into account your total monthly income – but as long as you’re saving more and spending less – we can call that a success). The challenges will increase in difficulty – the easiest will provide the least savings and the hardest will provide the most savings on completion. I would suggest that you make the transfers for these challenges automated through direct debit (unless you’re one of the few with insane self-control).

Savings Piggy Bank

The Rounder

I will start with an easy one “The Rounder”.

In this challenge whatever you spend – you will round up to the nearest pound. The difference will then be transferred into a separate savings account.

It’s as simple as that.

So simple in fact – most banking apps now offer this feature as part of their service. You will usually find the feature in your account settings under a scheme such as “Save the Change” (Halifax Banking) or “Coin Jar” (Monzo Bank).

For this challenge I cannot provide you with a total savings amount as it depends the number of transactions – but as you can imagine:

Frugal = You’ll be lucky to buy a filter coffee.

Regular Spender = More than the frugal individual – but don’t quit your day job.

The Quarter Pounder

Now let’s up the ante.

“The Quarter Pounder” challenge will require you to save a pound a day for 365 days.

Here’s the catch, every “Quarter” (3 months), you have top up your savings with an extra £33.75 – on the last day of the month (including the one pound on that day – so £34.75).

Example: 1+1+1+1… 34.75+1+1

If you can hack this challenge you’ll end up with:

Monthly Savings: £31 (based on a standard 31 day month)

Annual Savings: £500 (£501 in a leap year)

You could buy 185 Maccies Quarter Pounders with that kind of money -please don’t…

The Weekly Warrior

Now lets get serious.

With “The Weekly Warrior” your challenge will operate on a weekly cycle (as the name suggests).

Starting with one pound on the Monday and adding a pound everyday until the Sunday (where you will save seven pounds).

Example: 1+2+3+4+5+6+7 = £28 (weekly savings)

Stick to this challenge (automate it so you don’t have a choice) and you will have the following:

Monthly Savings: £112 (dependent on the month)

Annual Savings: £1456

The Accumulator

This challenge is not for the faint-hearted.

“The Accumulator” can save you some serious cash (I am currently doing this challenge).

Everyday you will save the value equivalent to the date. Starting on the 1st equalling £1.00 until the end of the month 30th where you will save £30.00.

This challenge operates on a monthly cycle.

Example: 1+2+3+4+5+6…29+30+31

Manage this and you will have the following:

Monthly Savings: £496 (based on 31 days)

Annual Savings: £5738 (this will be £5767 in a leap year)

Savings Challenge 2020

Go out there and make 2020 your year! The challenges have been set – let us know which one you are going to take!

Not sure where to start with investing your time and money in assets?

Check out the Invest area of The Long Commute.

Need to free up some extra cash and gain a secure foundation before you start to invest in assets?

Check out the Saving area of The Long Commute.

Need to increase your income and build another stream of income?

Check out the Hustle area of The Long Commute.


ExoRank.com · 26th January 2020 at 10:14 pm

Awesome post! Keep up the great work! 🙂

now · 10th March 2020 at 3:55 am

I appreciate, lead to I discovered just what I used to be looking
for. You have ended my four day lengthy hunt! God Bless you man. Have a great day.

skin care · 26th April 2020 at 5:41 am

Wonderful site. A lot of useful information here.
I am sending it to a few buddies ans additionally sharing in delicious.
And naturally, thank you for your sweat!

Royal CBD · 7th May 2020 at 8:34 pm

Highly descriptive blog, I enjoyed that a lot. Will there be a part 2?

Adrienne · 8th May 2020 at 5:54 pm

WOW just what I was looking for. Came here by searching for Aliana

g · 15th June 2020 at 8:07 pm

Hello to all, it’s in fact a fastidious for me to visit this web page, it includes useful Information.

g · 16th June 2020 at 8:45 am

It is truly a nice and helpful piece of information. I am satisfied that you simply shared
this helpful information with us. Please keep us informed like this.
Thanks for sharing.

g · 16th June 2020 at 8:57 pm

It’s a pity you don’t have a donate button! I’d without a doubt donate
to this excellent blog! I suppose for now i’ll settle
for bookmarking and adding your RSS feed to my Google account.
I look forward to brand new updates and will share this
blog with my Facebook group. Talk soon!

g · 17th June 2020 at 7:55 pm

I am extremely impressed with your writing skills and also with the
layout on your weblog. Is this a paid theme or did you modify it yourself?
Anyway keep up the excellent quality writing, it is rare to see a nice blog like this one nowadays.

Madalynn · 4th July 2020 at 5:55 am

Hello, just wanted to mention, I liked this post. It was funny.
Keep on posting!

kyrie 5 · 14th July 2020 at 7:20 am

A formidable share, I just given this onto a colleague who was doing a bit evaluation on this. And he in truth bought me breakfast as a result of I discovered it for him.. smile. So let me reword that: Thnx for the deal with! However yeah Thnkx for spending the time to discuss this, I really feel strongly about it and love studying more on this topic. If potential, as you change into expertise, would you mind updating your weblog with more details? It is highly useful for me. Big thumb up for this weblog submit!

เกมส์สล็อต · 29th July 2020 at 11:02 am

You need to participate in a contest for among the best blogs on the web. I’ll suggest this web site!

Flora Wisell · 31st July 2020 at 10:45 pm

Thanks for this amzing blog, I sincerer agreed with everything you said, I will be viisting again .Once again thanks for an amazin blog

Tu Yestramski · 5th August 2020 at 12:32 am

So I took my time to read the entire post and i totally agree with every statement you made. I have to say I love this blog and will always visit again.

web host · 7th August 2020 at 10:12 pm

We’re a group of volunteers and starting a brand new
scheme in our community. Your site provided us with helpful info to
work on. You’ve performed a formidable task and our whole
neighborhood will probably be thankful to you.

Saint · 12th August 2020 at 12:25 pm

Wow that was strange. I just wrote an extremely long comment but after I clicked submit my comment didn’t appear.
Grrrr… well I’m not writing all that over again. Anyways,
just wanted to say fantastic blog!

essay writer · 13th August 2020 at 6:31 pm

My family all the time say that I am killing my time here at web,
except I know I am getting knowledge every day by reading thes pleasant articles or reviews.

Death and Obituary · 14th August 2020 at 10:07 pm

Do you mind if I quote a few of your posts as long as I provide
credit and sources back to your website? My blog site is in the exact same niche as yours and my visitors
would genuinely benefit from a lot of the information you provide here.

Please let me know if this ok with you. Cheers!

Gregorio Gossett · 14th October 2020 at 7:52 pm

Very nice post. I just stumbled upon your blog and wished to say that I have really enjoyed surfing around your blog posts. In any case I will be subscribing to your feed and I hope you write again soon!

seinfeld actor found dead · 27th October 2020 at 11:15 pm

I love what you guys are up too. Such clever work and
coverage! Keep up the fantastic works guys I’ve included you guys to

remingtonrbph148.tumblr.com · 13th November 2020 at 2:15 pm

Nice blog right here! Additionally your website so much up fast!
What web host are you the usage of? Can I am getting your associate link in your host?
I desire my website loaded up as fast as yours lol

marcocjlm388.timeforchangecounselling.com · 13th November 2020 at 5:02 pm

Please let me know if you’re looking for a article
writer for your weblog. You have some really great articles and
I believe I would be a good asset. If you ever want
to take some of the load off, I’d love to write some articles for
your blog in exchange for a link back to mine.
Please blast me an e-mail if interested. Thanks!

우리카지노 · 6th December 2020 at 2:30 pm

Fantastic blog! Do you have any helpful hints for aspiring
writers? I’m planning to start my own website soon but
I’m a little lost on everything. Would you propose starting with a free platform
like WordPress or go for a paid option? There are so many choices
out there that I’m totally confused .. Any recommendations?
Thank you!

Google · 30th April 2020 at 12:10 pm


Always a huge fan of linking to bloggers that I appreciate but really don’t get a great deal of link love from.

Leave a Reply

Your email address will not be published. Required fields are marked *