There are many things that eat up our money on a daily basis – phone bills, car insurance renewals and calling out the plumber when the boiler goes bust. Unexpected expenses, twinned with daily spending can sometimes lead to a state of panic and a feeling that there’s no other way out but to borrow from the bank – or your mum. However, if you create a budget and document your spends, you can be prepared for life’s unexpected hurdles. Here are five tips to keep you motivated to stay on the savings wagon. Focus on savings Recognise how much of your income you can save each month and have it debited into your savings account on pay-day. This way, there will be little to no temptation to spend as it won’t be in the account you use regularly for long. Even if the amount you save differs each...
