6 September 2023

Embracing new ways to save

Embrace Smart Savings with Harlowsave

At Harlowsave, we understand that managing your finances is essential, but we're here to make it a warm, welcoming, and rewarding experience. Saving money can be both practical and enjoyable. We've curated a range of savings challenges that not only make the process fun but also bring you closer to your financial goals:


The £1 Challenge: Save £365 a Year

Kickstart your savings journey by setting aside just £1 every day. By year's end, you'll have accumulated an impressive £365. This method is perfect for maintaining a consistent savings habit alongside your regular financial routine.


The 1p Challenge: Save £667.95

Take a gradual approach with the 1p challenge, a favourite among savvy savers. Start by saving just 1p on the first day and increase the amount by a penny each day. By year's end, you'll have amassed £667.95—a substantial addition to your savings.


The £1,500 Challenge: High-Stakes, High Rewards

For those with ambitious goals, the £1,500 challenge might be just what you need. This approach involves increasing your daily savings over a week and then resetting for the next. By committing to save £28 each week, you'll end up with an impressive £1,456 by the year's end.


The 52-Week Saving Challenge: A Steady Approach

Slow and steady wins the race. With the 52-week challenge, you set aside an amount corresponding to the week of the year. Week one, you save £1. Week 52, you save £52. It's a straightforward strategy to build your financial cushion steadily.


The 26-Week Saving Challenge: Ideal for Fortnightly Incomes

Adapting the 52-week challenge, the 26-week challenge is perfect for those who get paid every two weeks. While the end result matches the 52-week challenge, it allows for a more spread-out savings approach, making it easier to manage.


The Monthly Savings Challenge: Consistency is Key

With the monthly savings challenge, consistency is your best friend. Start with £10 and increase the amount by multiplying it with the corresponding month. By year-end, you'll have saved £780—a testament to the power of regular savings.


The Fiver Challenge: Aim High

The Fiver Challenge is our most ambitious option, perfect for those with lofty savings goals. Similar to the 52-week challenge, this approach involves increasing savings in multiples of £5, potentially resulting in a £7,000 boost.


The No Spend Challenge: A Unique Approach

Sometimes, saving means not spending. Our no-spend challenge encourages you to cut out unnecessary expenses for a set period. You'll be amazed at how much you can save by making mindful choices.


Discover the Benefits of Membership


As a proud member of Harlowsave Credit Union, you gain access to a world of benefits designed to empower your financial journey:

  • Online Account Management: Effortlessly manage your savings with our user-friendly online platform.
  • FREE Life Savings Protection: Enjoy peace of mind with up to £10,000 in life savings protection.
  • Flexible Deposit Options: Deposit funds through Payroll, Direct Debit, or make one off despots from your bank account.
  • FSCS Protection: Your savings are safeguarded up to £85,000, ensuring financial security.
  • Exclusive Discounts: Benefit from exclusive partnerships, such as discounted gym membership, to enhance your well-being.


Ready to Get Started?


At Harlowsave Credit Union, we combine informative guidance with straightforward tips. Our mission is to help you achieve financial resilience while tailoring your savings journey to your lifestyle and needs.


Ready to start saving? Consider opening our instant access Cash ISA. With a competitive projected dividend rate of 4.1%, your money will start working for you. Learn more about our Cash ISA here.


Don't miss out on the benefits that come with being a Harlowsave member. Apply for membership now and unlock a world of financial possibilities. Join us on this exciting journey towards financial freedom—because your financial goals matter.


Note: The information provided in this article is for educational purposes only and is not financial advice. Please consult with a financial professional before making any significant financial decisions.