Everyone wants to save money, right?
Having a little sum of cash hidden away for a rainy day. Maybe for a holiday. Or a mortgage. Or your pension. Perhaps an emergency fund which you want to add to just incase you lose your job, to ease any financial pressure.
The best thing to do is to save as quickly as possible after payday. It’s when you have the money there, you’ve not blown it on a takeaway or a new pair of jeans.
After you’ve paid your bills, then pay into your savings before anything else. See your savings as an extra bill if it means you force yourself to pay into it.
You can even move around the date that your bills are due to come out your bank so they all come out on the same day. This way, you then now exactly how much you have left for the rest of the month.
If you save money when you have money, it’s easier to build up your savings.