It’s fair to say that most of us are guilty of unnecessarily spending money and failing to organise our finances and this can often get the better of your savings goals. However, fixing your careless spending might be easier than you think by setting yourself a realistic saving goal. So, to help make saving some extra money a habit rather than a chore, Sainsbury’s Bank have set you a challenge to form new habits when it comes to saving a little extra money.
Whether you are trying to save a little extra money or grow your emergency fund for those unexpected costs, why don’t you set yourself a simple savings goal by trying the Sainsbury’s Bank 52-week saving challenge. Starting out by saving £1 in your first week and by the end of the challenge you’ll have saved an impressive £1,378 plus any interest.
Alternatively, if you prefer to save digitally you could use apps such as Cleo or Plum, which automatically round up your spending from daily purchases. Or, if you prefer the old-fashioned approach start out by using a piggy bank to save those extra pennies. These simple adjustments to your daily routine can generate small savings that add up over time.
To help make saving your cash a habit rather than a chore, check out the Sainsbury’s Bank guide to becoming a habitual saver.