18th 24th Sept 2023
Saving. It all adds up to something good.
UK Savings Week is back and this year we are on a mission to help make saving simple, easy and rewarding.
Will you #takethesavingschallenge?
It’s good to save
Be ready for whatever
Saving gives you a cushion for unplanned events and emergencies, so you’re covered and have one less (big) thing to worry about, if the unexpected happens.
Reach your goals
Building up your savings helps you do what you want to do, whether it’s buying presents for a family celebration, getting a car or putting together a deposit for a home.
Make more of life
Having a pot of savings opens doors. Just think, you could maybe pay for a qualification that sets you on a new career path, or say ‘YES!’ to a holiday of a lifetime, without going into debt.
Taking the first step
A small start can lead to a big change
Having savings can help you feel relaxed and confident about the future. But how do you get there at a time when everyone’s feeling the pinch?
By concentrating on what you can control, and developing a savings habit little by little, you can start to change your relationship with money.
Take time to stop and think about your current spending and saving habits.
Set your sights on a new goal. It could be to get a sense of security and control, or to fund a specific life goal.
Think about how you’ll get there, and how you can take control, avoiding pitfalls, like the temptation to buy things you don’t really need.
It’s OK if you’re not ready to save
Many people are struggling to make ends meet, especially at the moment. You might not be in a position to start your savings journey and that’s OK.
When you do want to find out more about savings, we’ve put together answers to some common questions, as well as simple explanations of any jargon you might come across.
With the cost of living crisis in mind, you’ll also find links to some amazing financial help and support organisations.Visit Support