It isn't always simple to find money to save, given there's always something else you need to put money towards.
It's especially true for families, with new shoes, school trips and children's birthdays all making calls on parents' wallets.
But one member of a Facebook family page found a way to save a whopping £780 and other mums and dads are loving it, ManchesterEveningNews reports .
We've heard of other challenges – saving £2 coins or putting a certain amount away each day – but with the hectic lives most families lead, it's all too easy for these to go out the window in just the first few weeks of the new year.
And who really has the correct change in their wallet or purse EVERY day?
That's why this idea will suit some families down to the ground.
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The idea is that you write different amounts from £10 to £120 on a savings tin, put one of those amounts in each month and cross it off the list. By the time you've crossed them all off at the end of the year, you'll have saved a mammoth £780.
It means on three months of the year you'll have to find £100 or more, but on other months it's less than the price of a trip to McDonald's, so you can pick and choose when you're able to save the most.
In the post, parents editor Emma Gill writes: "So I've seen lots of ideas for saving money but none of them will really work for me – I never have change in my purse to do the penny challenge for example.
"That's why I'm giving this a go. Every pay day – or at the end of a month – you put in one of these amounts and then cross it off the list. By the end of the year it's a whopping £780!
"It won't be easy – especially when it comes to the £120 month – but it's worth a go. I reckon I'll start with the £10 in January."
Dozens of people commented on the post, with many saying they'd give it a go themselves.
"Good idea. I'm going to try this, thank you," said Tracey Jones.
Becky Willouby added: "You can do this and mix up the amounts Over the year so it isn’t a big shock in December!"
Others suggested alternative ways they manage to save, including saving £2 coins, or using the Tandem app, which rounds up your online spending to the nearest pound and puts it in savings.
Rachel Saunders wrote: "I looked at the week challenge, £1 in week one, £2 in week two, £3 in week three etc finishing with £52 in the final week of the year.
"I added up how much you'd save in the whole year, then divided by 52, and I set up a standing order from my account to my savings for that amount each week. I find that so much easier."
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