How a savings challenge can help build a nest egg in 2024

You can start your New Year savings habit with just 1p

pound coins in a nest
Gradually putting money away can slowly build a decent savings nest egg
(Image credit: Getty Images/BrianAJackson)

The new year is a great time to build a savings habit and savvy savers can start from just 1p and work towards a pot worth thousands of pounds by Christmas 2024.

Finding the right savings method "is not always easy", said MoneySavingExpert.

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