Do you want to save more?
A good place to start is by reviewing your monthly income and outgoings.
Once you’ve got a clearer idea of your monthly outgoings, you may want to split these up into ‘must haves’ and ‘nice to haves’ so you know where you may be able make some savings.
If your monthly budget is tight, why not try to save in other ways? Money-saving websites are a good place to start as they’re full of advice on how to reduce your regular bills.
For example, if you saved £20 a month on your gas and electricity, that could be an extra £240 a year that could be put towards your savings.
As well as reducing some of your outgoings, there are other ways to boost your savings. You could use money from:
- a bonus
- windfalls or winnings
- an inheritance or gift.
All of this could help provide you with the savings you need for your future.
Do I need a Financial Adviser?
This video helps explain the value of using a Financial Adviser to make the most of your money. It also looks at some of the other options available.