Saving

We've heard them all;

Every little helps - Tesco

squeeze every penny - The Simpsons

Save for a rainy day

And many more similar quotes following on from the similar theme to the investment section, instead we're talking about saving. Normally when you get to 18 or older you start to become more independent and may start to find a way to make your own money by starting a business or going into work, by doing so you earn a bit of money and once it reaches a certain amount you may spend it or let it grow a bit more before splashing the cash. But why spend when you can save?

Now im not saying to be a cheapstake and bascially go for very cheap stuff as even the cheapest things don't always last for long, which is why you'll have to spend more money to get better quailty stuff sorry poundland. But to instead save at least some money or put it aside for investment, or even a ISA. You may be thinking why start to invest or start some sort of ISA, because for investing it is recommended that you should at least be investing for 5 years so by the end of it you would have gained quite a bit of money depending on how the market performs. In regard to saving by opening a ISA or E-saver you could earn interest on the money you put into them so when you need that money you've saved you'll have alot more put on top of it and of course some your limited to how many times you can touch it to take money out.

Some great saving apps or links include;
  • Moneybox
  • Plum
  • Virgin money
  • Money saving expert (super helpful)
Obviously there are many great apps but everyone has their own preference so I've only listed a few. Your free to find your own but do research on them before you do anything with them!!

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