Helpful savings tools and tips
Know the savings tips and tools to help you save.
1. Create a budget
Where is your money going? Find out and you can see where you can make cutbacks and move more money to your savings.
2. Set targets
Give yourself targets for the most you want to spend in different areas such as transport, food, rent, bills and entertainment.
3. Save regularly
Set up a standing order to move money to your savings account as soon as you get paid. And don't forget, if your income increases, increase the amount you save. You would save more without noticing.
More savings tips
- Try to set aside three months’ salary in case of difficulties and to help you prepare for the unexpected.
- Separate your savings into different accounts. You can rename your savings accounts on Internet Banking.
- Look for better deals on your energy, home insurance and car insurance on comparison websites.
- Start long-term savings as soon as you can. Speak to your employer about possible pension schemes to join.