How to save money | NatWest

How to save money

Top tips on getting your finances into shape

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Whether you’re saving for a new car, your dream holiday or you’d just like to put a little away each month for a rainy day; it's easy to get into the habit of saving. With a few small changes, you could soon see your savings growing.

Life doesn’t have to be boring when you’re trying to save a bit of cash. There are many different ways to save money – it’s just about finding the right ones that suit you. We’ve put together these quick tips to help you get started:

Kick the caffeine habit

Can’t start the day without that expensive latte? Buying a £2.50 coffee five times a week on your way to work adds up to around £54 a month, and over a year that's a huge £650. Whip up a brew at home before you leave the house instead. Prefer a few extra minutes in bed? Buy a reusable cup and take your coffee with you - save your wallet and the envrionment!

Make your lunch

Try and avoid the temptation to buy your lunch everyday. It quickly adds up - if you spend £5 on lunch 5 days a week, that totals to £1,300 over the course of a year. 


Create a homemade sandwich with all your favourite fillings, get crafty with a soup or make an extra portion of your evening meal for some tasty leftovers. Even if you just take your lunch with you four days a week out of five, you’ll be able to quickly build up your savings.

Look at your bills

Take a good look at your household bills. Could you get a cheaper tariff with a different mobile phone provider? Cancelling paper bills and choosing an online deal with an energy provider could save you money too. You could even think about things like changing your boiler to a more efficient model – it might seem like a big change now but could save a lot in the long term.


There’s no doubt exercise is good for you. But an expensive monthly contract won’t be doing you any favours if you haven’t set foot in the gym for three months. See if you can work exercise into your routine in another way, or switch to a cheaper off-peak contract instead and pop the monthly fee into your savings account.

Master the 30-day rule

Avoiding instant gratification is one of the most important rules of saving money. Why not wait 30 days to decide if a purchase over £25 is worth spending your hard-earned cash on? After a month has passed, you might find the urge to spend has mysteriously passed.

Shop around

From big ticket items like a car or washing machine, to utilities and insurance, don’t just pay the first price you see – it pays to do your research and shop around. Use comparison websites to find the best deal and you could go a step further by looking for deals through cashback sites for even bigger savings.

Drink tap water

Stop buying bottled water as the cost quickly adds up. If you can’t stand the taste of tap water, invest in a water filter jug, or try infusing water with fruits. Buy a reusable bottle for when you’re on the go. That little change could save you a couple of hundred pounds a year. And it’s better for the environment too.

Switch to cheaper brands

Shop smart when it comes to your groceries. On the items you’re not fussy about, switch to the cheaper own-brand option. Don’t make yourself miserable buying it if you’re not going to use it, but switch to the cheaper option where you can. Also look for bulk discounts on the things you use a lot of e.g. bigger bags of pasta or teabags. Often buying in bulk can save you a few pennies in the long run.

Bargain hunting

Be a savvy shopper. There are many different websites that will email you discount codes and vouchers for different services or products. Also, keep an eye on your favourite brand websites and social media pages to see when sales are on and offers are available, to make the things you really want - more affordable.

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