Even though they’re not being made anymore, saving your pennies can really add up.
Because your Money Matters, we’re taking a look at how the “Penny-a-Day Challenge” can help motivate you to invest in the future.
Here’s how it works. You start out saving a penny the first day. Two cents on the second day, and keep adding an extra penny every day to the daily amount for a year.
After completing all 365 days, you will have saved a total of nearly $668.
Financial experts say that by starting small, the challenge helps you build a consistent savings habit without causing a major impact on your budget.
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