The days are starting to get a little cooler and the leaves are turning. Winter is coming, people! 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
Put a set amount of money away each time you get paid. It doesn’t have to be much, but making it automatic means that you never miss it, and you’re guaranteeing that some money is going away is month.
2. Link your Oval wallet to Facebook or Instagram posts
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 or an ISA
Depending on which account you choose, your money will be working for you whilst you do absolutely nothing! Check out this previous post where I outline a few of the more common saving account choices and their pro’s and con’s.
Also keep in mind that with Oval, oyu get a free savings account that you can access easily on your phone any time of day.It's an account that works to help you save, not spend.
4. Put your savings in a place where you CANNOT 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 to a cheeky pizza.
5. Make sure you’re sticking to your budget this autumn
Try to stick to the bidget you set yourself, even if it means curbing spending on fun nights out. Do a number of small things to save pennies here and there. 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.