The Idea behind the Penny Challenge is to increase the amount that you put away each day.
However I prefer to do it slightly differently.
As towards the end of the year it would get expensive if you are putting away £3.30 then £3.31 then £3.32
my preference is to put what you can away each day so this could be £3.50 then £0.20 then £2.64.
However if on the last of these 3 days I had £2.65 i would tick off my chart £2.64 and £0.01 meaning that at the end of the year you have a minimum of £667.95
To download a chart which will let you keep a track of what you have saved please follow this link.