Tips to help you save

Whether you’re new to saving or looking for easier ways to save, we can help. Use the ideas here to help you reach your goals, reduce your spending and develop some new saving habits along the way.

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Grow my savings

Reduce my spending

The savings challenge

Grow my savings


You can grow your savings without making huge changes. No matter what your goal, these tips can make a big difference.

Start small, save big

Start with saving little and often to get into a healthy savings habit. Setting up just one standing order on the day you get paid to go into a savings account can help you grow your savings.

Pocket the small change

Instead of spending your change, save it. Go traditional and save your small change in a pot. Or, if you sent £1 a day to a savings account, you’d have £365 at the end of the year.

Give the gift of saving

Reduce the stress and expense of events like Christmas by reviewing your gift list. Perhaps try a gift exchange, give to charity or agree to save what you would have spent on each other.

Get clear in half an hour

Review your incomings and outgoings. Half an hour could be all you need to sort out exactly what is coming into and going out of your bank account each month.

Pay in what you were paying out

If you have any borrowing that is coming to an end, you could continue to send the same payment into a monthly savings pot. You’ll be paying yourself each month, instead of someone else.

Fight food waste and save

Plan your meals ahead. It sounds simple, but when you know exactly what ingredients you need for the week ahead you’re on the right track to both reduce food waste and save money.

Reduce my spending


It’s easy to spend. But are you wasting some of your hard-earned money? Here are four ways you can reduce your monthly outgoings.

Set your phone free

If your phone is included in your contract, you’ve already paid it off when the contract ends. So, switching to a SIM-only contract at that point could save you money. 

Family offers

If there are multiple people in your household with music streaming subscriptions, you could make use of a family package. Sign up together and split the cost.

Haggle and switch

Comparing deals on your household bills and switching could save you money. Use a price comparison website or contact your existing provider – and don’t be afraid to haggle.

Save as you spend

Loyalty schemes and cashback offers are easy ways to turn spending into savings. Use cashback to get money back on purchases, or a loyalty card that accrues points as you spend.

The savings challenge


You can make your money work harder. Check out these challenges and ways to keep your goal in sight.

Emergency cash

Create an emergency cash pot. Aim to save the equivalent of three months' salary and put it aside for emergencies and rainy days.

Save over £1,000 a year

A takeaway and a bottle of wine can easily come in at £20 a week. But swap out the habit and send it into a savings account, and you’ll have made £1,040 in one year.

The 24-hour rule

Dedicate a 24-hour, no-spend rule on purchases. Instead of clicking ‘Buy now’, wait a day and see if you still want to go ahead. You might find you save on unnecessary splurges.

The £10 challenge

How easy is it to spend £10? Set up a standing order to your savings account for £10 a week and you’ll have £520 by the end of the year.

Money saving milestones

Get specific and set a goal. Size doesn’t matter. You could be saving for a house deposit or a house plant, but when you have a goal in sight it’s easier to get into a saving mindset.

Set your limits

A realistic limit can help you stay aware of your spending. So set yourself a spending limit, per day, per week or per month, and stick to it.