HyperJar provides users with powerful features for tracking, budgeting, and visualising their spending. It’s the only software that optimises customers’ purchasing processes, allows users to set aside money for particular purposes, and recommends particular brands. They also get access to state-of-the-art merchant rewards linked to their cards. Additionally, HyperJar facilitates group sharing, spending, and saving because spending is social.
Here’s how to use HyperJar for the 1p challenge:
Create a HyperJar account: If you don’t already have a HyperJar account, you can create one for free by downloading the app and following the on-screen instructions.
Link your bank account: To transfer money into your HyperJar account, you’ll need to link a bank account. This can be done securely through the HyperJar app.
Set up a daily saving amount of 1p: Open the HyperJar app and go to the “Savings” tab. Tap on “Add a savings goal” and choose “Daily” from the drop-down menu. Enter “1p” in the amount field and tap “Create goal”.
Repeat the process every day: To automate the process, you can set up recurring transfers in the HyperJar app. This will ensure that a 1p is transferred from your bank account to your HyperJar account every day.
Track your progress. You can see your total savings and your daily saving progress in the “Savings” tab of the HyperJar app.
Here are some additional tips for using HyperJar:
Round up your purchases: HyperJar offers a feature called “Round-Ups” that can automatically round up your purchases to the nearest pound and save the difference in your HyperJar account. This is a great way to save even more money without having to think about it.
Use HyperJar to pay for everyday expenses: Instead of using your debit card or cash for everyday expenses like coffee, groceries, or parking, use HyperJar to make the payments. This will help you to save more money from your daily transactions.
Consider setting up a challenge with friends or family: The 1p savings challenge is more fun and motivating when you do it with others. Challenge your friends or family members to join you in the challenge and see who can save the most money in a year.
With a little effort, you can save a significant amount of money with the 1p savings challenge using HyperJar. Just remember to be consistent and to track your progress regularly.