UK Savings Week
The 4th UK Savings Week is on the 22-28 September 2025. This UK Savings Week we wanted to support our members and the wider community on their savings journey. Whatever stage you’re at, we’re here to help for UK Savings Week and beyond.
We know it can be tricky navigating your savings journey, which is why we’ve asked our partners at Melton and District Money Advice Centre (MADMAC) to share some of their top savings tips to help you on your savings journey.
(Amanda Heath, Founder and CEO of MADMAC and James Sherrenham, Financial Education Officer)
Tip 1
“Exercise your NO muscle. None of us can have everything we want. We all have to say NO to some things to be able to say YES to other things. Decide what’s most important to you: paying bills, getting the car fixed, saving for that holiday, that means saying no to some takeaways, some leisure activities, that online scrolling shopping for things you don’t need. Staying motivated and sticking to your financial goals, will help you grow that NO muscle!”
Tip 2
“Planning a budget. Fall in love with the messy bits of putting a budget together, tweaking it, re – looking at it and changing it. Knowing what’s coming in and going out, knowing if it balances, knowing if you have everything on there that covers all expenditure throughout the year. Find a tool that works for you, it could be using our online budget planner on MACMAC’s website, it could be a pen and paper, a spreadsheet or a banking app. If you’re not budgeting you’ve not even started on the road to increasing your financial wellbeing.”
Tip 3
“Knowing you! Spend time getting to know your personality type. Are you an emotional shopper? What have you learnt from your family of origin about money that you have brought into your life and especially into a relationship? Looking at yourself and your relationship with money will help you decide if you need to break some learnt habits and start new ones. Have that conversation with yourself, with your partner, even with your friends, you will be amazed at what you learn and that you have the power to change things you are not happy with.”
Understanding different savings products
Regular Savings – Ideal for savers who have spare cash to set aside each month, a great way to help your money grow.
Easy-access Savings – Great for savers who might need to dip into their savings pot with flexibility and convenience.
Notice Savings – For savers who don’t need easy access to their money which often lands you a better interest rate.
Tax Free Savings – Perfect for savers looking to take advantage of your tax-free allowance to maximise your savings return.
Fixed Rate Savings – An ideal account if you are looking for a fixed return from your savings do not need access.
Children’s Savings – Start your little ones on their savings journey to help build that savings habit from a young age.
Useful Links
Choose how much you want to borrow or save. Enter the amount into the box. Use the slider to set the interest rate. This will show you how the interest rate affects your borrowing or saving. Even a small change can have a big impact.
Savings give you choices in life – not only the ability to pay for the essentials, but also the financial freedom to choose to have fun when you want to!
If you are having trouble making your mortgage repayments on time, we are here to help you. If you are worried about missing repayments, get in touch on 01664 414141 and speak to us.
