Money. Save it. Spend it. Understand it.

Get yourself a savings habit

Start small, save regularly and think big.

Most of us get into the habit of spending on little treats like coffees, sweets, or soft drinks.

We don’t miss the odd couple of quid, but it can soon add up to a sum of money we’d really miss if we spent it all at once. Why not try adding up exactly how much you're spending on treats each month - you might be surprised!

What if you saved that money instead? If you get into the saving habit, you'll be surprised how quickly you can build up a tidy sum.


Start small – think big

Just like the little things that we all buy without missing the few pounds we spend on them, the money we put into savings accounts can be the same. So start with a small amount - you'll soon find you don't miss it. Before you know it, you'll have £50, £60 or even £100 set aside.

For a definition of AER, Gross and other terms take a look at our savings glossary.

Saving money graphic

Key point

Don’t delay. If you start small you won’t even miss it.


Make money make money

It’s not a trick but it works like magic.

Learn how to make your money work for you

Make money make money

Discover the power of compound interest.

It’s often said that ‘money makes money’. In part that’s down to compound interest.

Graphic illustrating compound interest

For a definition of AER, Gross and other terms take a look at our savings glossary.

If you have money in a bank or building society it should earn interest. Better still if you leave it there as well as getting interest on your savings, you start to get interest on the interest. The longer you don’t touch it, the faster it seems to grow. We call it ‘the power of compound interest’.

Key points

Remember, the longer you save the faster your money grows.


Get into a savings habit

Put a little away each month and you won’t even miss it.

Discover why sooner is definitely better


The information in this guide is not intended to be a recommendation or advice.

Halifax products and services are offered subject to status. Lending decisions and any amount we lend is based on your personal circumstances, you need to be aged 18 or over to apply. Overdrafts are repayable on demand.

Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office the Mound Edinburgh EH1 1YZ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.