Bizarre new money-saving challenge that involves a TOILET and could save you £250 this year
A new money-saving trick can net you £250, and all you have to do is go to the toilet
JANUARY is one of the hardest months for Brits financially, as debt from Christmas spending continues to add up.
Official figures released today show that inflation jumped to 1.6 per cent, meaning disposable household income will be squeezed even further this year.
That's based on the average amount of time people "spend a penny" - otherwise known as going for a pee - on a daily basis, which according to the Bladder and Bowel Foundation is seven times.
Putting a total of 7p into the jar each day will amount to £255.50 by the end of 2017, after 365 days of saving.
As we're already two weeks into the year, savers may have to add a few extra pennies to the jar to reach the final figure.
If you want to save a bit more, another penny challenge will leave you with a whopping £668 by the end of the year.
The challenge requires you to put in 1p into the jar on the first day, then increasing it to the equivalent amount of pennies for each day of the year. By the end of the year, savers should have £668 in their penny jar.
There are other ways you can save money this year, including swapping branded supermarket products for unbranded ones, and buying in bulk.
5 easy ways to make money
- GET paid to complete online surveys, using sites such as Swagbucks and Crowdology
- Sell unwanted books, DVDs, clothes and more on sites including eBay, Depop and MusicMagpie
- Sell your pictures for extra cash - thpse with a keen eye for photography can get commission for their pics on sites like Shutterstock
- Rent out your driveway if you live in a big city, near an airport or train station, and get paid up to £200 a month. Advertise on parklet.co.uk
- Hold a car boot sale and sell your unwanted knick knacks. Pitches cost around £10 and you’ll need to bring your own table.