My Top Tips for Saving Money

  Hi, 

Today I thought I would share my top tips for saving money. I am not a financial expert but these are some things that have helped me save money. I have been saving money for a house, a car and my future. 

1) Have separate Saving Accounts 

This is my biggest tip and most important in my opinion. I have been saving for a house, a car and everyday savings. I recommend having separate bank accounts for each, this makes your life so much easier and you are able to see very clearly how much money you have saved for each. It also makes it very easy to keep track of your money and not get confused with how much you have for each 'item'.  

I also recommend having them all with the same bank, this is just my preference because it makes it easier to keep track of your money. 

2) Have a minimum amount you save each month. 

This may not apply to everyone if your income varies each month. I recommend having a minimum amount you save each month. This means that the amount of `spending' money you have will vary each month but your savings will remain constant. If you earn more you can always save more as well, but if one month your earnings are less you can save your minimum and yours savings will not be affected. 

3) Keep Track

I find it very easily to get confused with money, especially if you are moving money around a lot it can be difficult to keep track of. I recommend writing it down or keeping an electronic record of your savings.  It makes it so much easier to see your progress. 

I hope you enjoy this, any questions please comment below. 

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With Love Erin x