This may seem like an odd post for the blog, but the reality is that a high percentage of mental health conditions are caused by money worries. I have only just started saving, and anyone who knows me knows that I am a major stressed, especially when it comes to money. In this post I have shared the top tips, techniques, apps and more that I have personally found useful whilst saving, and hopefully you will too!


Monzo is a money tracking app which divides your spending into categories – so you can see exactly where you’re spending (or wasting) your money. You can set targets for each category to help you stay within your budget, and it will alert you if you are spending too much! Opening a Monzo account is free, but there are some additional charges, such as for some cash withdrawals. You can also put put your money into savings pots and you can earn interest if you choose a specific pot which is the equivalent of a savings account.


Another free app, Cleo sends you personal finance tips by analysing your debit or credit card spending. Cleo provides clear insights into your spending habits and how you need to adjust your budget to save more! It can also automatically transfer those savings into your ‘Cleo Wallet’, which you can set goals and targets for! Again, this is a free service, but there is a paid option called Cleo+ with extra features including cash back!


Similar to Cleo, Oval Money allows you to save cash into its wallet based on your spending. It also has a feature that is perfect for frequent social media users (like myself!), where you can set up an alert to transfer money into your savings account, for example, every time you post on Facebook! Eek!


My personal favourite on this list, and one app that I have been using a lot lately, is Plum! Again, automating savings for you, Plum lets you round up transactions and save a certain about on a rainy day (helpful if you live in the UK!). Similar to previous mentions, Plum works out your spending habits, and transfers a certain amount into your wallet each Wednesday. Best part about this app – you decide how much a week you want to put away!


Yolt gives you budgeting tips! It doesn’t store your money, but it does take information from your accounts to show how much you are spending. From that, the free app then offers you money saving tips on how to budget your spending.


A whole host of retailers, restaurants and supermarkets reward customers by allowing them to store points on a loyalty card every time they make a purchase. These points can be converted into money-off vouchers. Many cards also offer one-off deals or discounts in order to tempt you into signing up in the first place.


I know, this sounds difficult, but you’d be surprised how simple and effective this little trick is! Exercise some self-restraint and try to have at least one no-spend day each week, perhaps choose a specific day of the week! I personally do this every Sunday, a day that I often find myself just sitting at home anyway! It’ll take some forward planning (like buying food in a weekly shop), but the psychological impact of learning not to spend money should mean you become a lot more careful with it in the long term.


When you experience the thrill of money hitting your account, skim 10% off the top and whack it in a savings account.If you can manage just £20 a month you’ll be £240 better off at the end of the year! Another trick I learnt early this year, was to set up a weekly budget. I calculate my wages, and set an amount I can transfer every week into my account – I keep all of my bills, rent, car insurance, etc. money in my other account, so this weekly budget is simply just for food or spending. Then at the end of the week, whatever I haven’t spent (which can be anything from £2 to £30) is transferred into my savings account!


If taking 10% off all incoming funds sounds like too big a commitment for you, or weekly budgets aren’t your thing, then give the 1p Savings Challenge a go! The premise is simple: on day one, you save 1p. On day two, you save 2p. On day three, 3p (and so on). After 365 days (or 366 in a leap year) have passed, you’ll have saved over £650! Although the challenge is intended as a way to start saving in the new year, you can basically start whenever you want – just keep going up in 1p increments, and you’ll save the same amount of money in the same period of time!

That’s it! There are hundreds of money saving tips available on the internet, but these are personally my favourite! Have you got any other money saving tips to share? Let us know in the comments below!

One thought on “Money Saving Tips

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s