It's traditional to go into the New Year with good intentions – and for many of us, that means resolving to cut down on silly spending and start putting a bit of money aside for the things we really want. While it may mean fewer nights out or forgoing the latest fashions for a while, it's all worth it when we can finally afford that new car, holiday or even a deposit on a house!
Saving isn't always the most fun or interesting endeavour, but there are ways to help you stick to it. Here are a few helpful resources from around the web to help you stay on track:
Saving Made Simple
True to its name, this Android app is really easy to use – it's not an in-depth personal finance app, but it does help you get used to the idea of regularly putting money aside without cutting into the essentials. You simply establish a savings goal, and the app calculates how much money you need to put aside every day, week or month. Seeing your savings rack up before your eyes really does help you to stay committed!
This is a neat idea that encourages people to save more – Leeds Building Society are asking people to contribute interesting “savings stories” to this site, and if your story gets picked up, the company might give you a bit of a boost towards whatever you're saving for. Perhaps you're saving up for a second honeymoon to celebrate a big anniversary, or maybe you want to build up enough money to get a personal project off the ground – tell them all about it, and you could get there sooner than you thought.
This personal finance website is beloved by all sorts of money gurus, and for good reason. It's free, with no software to install, and you can access it from any browser or device. Put simply, it brings all your bank accounts, credit cards, loans, investments – pretty much your entire financial life – into one place so you can easily see what's going on and manage it accordingly. You can also make budgets and set goals, as with the Saving Made Simple app, and you opt to receive weekly summaries on your finances via email. If you think all that might help you save more, it may be worth signing up in the New Year.
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