Money

The Penny Challenge Can Help You Save More Than $600

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What difference can saving your pennies make? A lot, it turns out, if you’re doing the penny challenge.

This money-saving challenge helps you put aside $667.95 in a year — or $671.61 in a leap year. To participate in the challenge, follow these steps:

Start by saving one penny on the first day.

Each day that follows, add one cent to the amount you saved the day before. For example, on day two, you’d add $0.02 to your savings. On day three, you’d add $0.03 and so on.

Continue this pattern every day

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