How to start saving | NatWest

Pound sign
The basics of saving

 

Simple tips to help get you
on the path to saving

 

Book a financial healthcheck Find out about our basic
savings account
Getting into the savings habit

New car? Dream holiday? Rainy day? Whatever you're saving for, we can help you get into the habit of putting away a bit of cash each month.

Start by working out your budget to see where your money is going and how much you could afford to save. We've got lots of helpful tips and advice on how to do this in our making a budget section.

It could be worth paying off debts or checking the interest you are paying on these before starting to save as this interest could be higher than what you might get back on your savings.

Start small. Even tiny amounts add up - if you save £2 a day, that's £730 in a year! Now there's an incentive to cut your afternoon coffee! 

If you don’t have a savings account already, we can explain the different kinds of savings accounts out there to help you choose the right one for you. We've even got some hints and tips on ways you could top up your savings pot, from saving money on your household bills to easy ways to make a little extra cash each month.

Setting up a savings goal is a great way to kick start a savings habit so think about what you're saving for, how much you'll need to save to make it happen and by when. If you've already got a savings account with us and you're registered for online banking (available to customers aged 11+ with a NatWest account), you can log in to set up your Savings Goal

 

Rainbow shaped money box

How to manage your budget

Try our savings goal tool

Thanks, we appreciate the feedback.

Please tell us what you thought about this article.

"Invalid Characters: \/\\:&()<>"

Did you find this useful?

Cookies must be enabled

Set Tab for lightbox