Clues On How To Save

• Spend less than you earn so you have funds to save.
• Have a separate savings account.
• Have your savings in an account that is difficult to access.
• Have a reason to save – if you have a reason you will have motivation. Visit our Goals section of our website.
• Use our Money Detective Savings Calculator to work out how much you need to save on a regular basis and over which period of time to enable you to reach your particular savings goal.
• Use our Money Detective Savings Tracker to see how quickly your savings are growing and track your progress as you build up to your savings goals.
• Try and earn some interest on your savings as the interest can help build up your funds.
• Try and get a savings account with no / low fees as fees will erode your savings.
• As soon as you get paid, put some money into your savings.
• Set up a regular amount to go into your savings account so you save first and spend second.
• When you get a pay rise, allocate the extra money for savings.
• If you get paid bonuses / commissions put some / all of the funds into savings.
• If you get a tax refund put some / all of the funds into savings.
• Sell some unwanted items and put the proceeds into savings.
• Look at ways to Increase Income and put the extra money into savings.
• Look at ways to Decrease Expenses and put the extra money into savings.
• Read through our Saving Money Tips where you will find over 1000 ways to cut down your expenses.
• Read through our Ways to Make More Money where you will find over 395 ideas on making extra money.
• When you pay out a loan, put the amount you have been paying as repayments straight into a savings account.
• Put your spare coins into a piggy bank or jar and when this fills up, deposit the money into your savings account.