So, you’ve decided you want to save up for something, or perhaps you would like to worry a bit less about overspending. Whichever category you fall into, you might be feeling a bit daunted by the prospect. Having money to put away each month might not seem, at first, like something you can do. But thinking about where your money goes, can help support you in managing your money as well as reaching your savings goals. Check out our Savings ABC and tips to being thrifty with food, shopping, socialising, tech and travel, in our Ways to save tool.
If you don’t yet have a savings goal in mind, sign up to Money Saving Expert’s weekly saving tips email, it gives handy hints about how to save. Also it’s worth using comparison websites such as Compare the Market to check out whether you can save money on all sorts of things from car insurance to household bills. Finally, MoneyHelper is a brilliant one-stop-shop for free impartial advice on all money matters.
Different ways to Save isn’t the only way you can improve your money management. Get to know your Money Personality, get help Understanding your Payslip and learn to think long term about Your money and your life.
Please note: We’ve provided these savings tips for information purposes only. This isn't financial advice. We don’t give tax advice, so you should seek independent advice from a suitably qualified professional if you need it.