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Discover tips and tricks on how to save and invest money by Oval Money

The days are starting to get a little cooler and the leaves are turning. Winter is on its way! As you enjoy the change of season there are a few things to keep in mind when it comes to saving your money. Use a few of these ideas to make sure your savings stay nice and warm as the weather starts to get colder.

1. Automate your savings

It doesn’t have to be much, but making it automatic means that you never miss it and you don't even have to think about it. Set up a savings Step that works around your lifestyle and you'll find your savings will grow quicker than you expected.

Even if it’s just 10p each time you post a photo (or, let’s be honest, share a meme), it all adds up. Linking saving to everyday social activity will mean that soon the money will all start adding up!

3. Open a savings account

Low risk and hassle free, a savings account is a great place to safely store your money until you have reached your savings goal, or you you decide you want to invest it.

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4. Put your savings in a place where you can't get to them

Separate your savings from your everyday life.  Put them into an account that you cannot access; out of sight, out of mind. It removes the temptation so you don’t dip into them when you’re feeling low and want to treat yourself.

5. Make sure you’re sticking to your budget this autumn

Try to stick to the budget you set yourself, even if it means curbing spending on other, fun activities. Do a number of small things to save pennies here and there, and set up automated savings Steps to help you. Invest in layers! The warmer you are, the less you need to spend on heating your house. Cook warming soups and stews that are cheap to make and last a long time, and enjoy the change in weather by staying at home curled up on the sofa with a good book instead of going out and spending money.