Saving Money in 2023

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Since writing my post on the money savings challenge which involved saving cash, in 2018 so much has changed, the world has changed but more importantly, how we handle money has dramatically changed. We were heading towards using cashless systems more and more but the pandemic definitely hurtled us towards cashless much quicker.



To the people who still use cash, putting the cash aside for the money saving challenge is still a realistic option but with so many more people opting for online banking and not having cash around here are some ideas to help you successfully complete the money savings challenge in the digital age.

Firstly, most online bank accounts allow you to set up ‘pots’ or ‘spaces’ where you can put money aside. If you are on the ball and want to do it manually, you can transfer the daily saving amount via online banking from your main account to one of your pots, spaces or savings account. 

Alternatively, you could always transfer the money weekly instead and just for you, I’ve put together the weekly amounts in a printable table below. 

Weekly Savings Printable 


If like me, your memory is not what it once was and you would prefer to set up a standing order then you could take the total that you would have saved at the end of the 52 week period and divide it by 12 and set up a standing order to put that amount away each month(doing it this way you have to round up by a penny each month so you end up with a total of £668.04 saved) Again, please find below a handy printable where you can track your monthly savings.

Savings Challenge Monthly


Any which way you decide to save your money, at the end of a 52 week period, you should have a total of at least £667.95 saved. If you’re feeling fancy or can afford to put more away then why not try doubling the daily amount or even tripling it!


Please let me know how you get on if you decide to try this.


Emma x


*When doing this challenge weekly or monthly the figure will be a few pence different to the suggested amount of £667.95.

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