Working out how to save

Straightforward ways to save money for the important things.

If you have anything left over from your wages or salary once you’ve paid for essential items, remove the temptation to spend everything you earn by “paying yourself first”.  Simply decide on an amount or a percentage of your income you’re going to save each pay and have it direct credited from your everyday account into your savings account.  This is a great way to ensure your hard-earned money continues to grow.

Saving by shopping wisely

Avoiding debt can really help you save. If you can’t quite afford something, shop around or wait until you can pay cash. If you’re worried about missing out, ask about layby. If you have to get credit, find out how much extra it’ll cost.

Saving by paying less bank fees

Find out how to save on bank fees by consolidating debts into one loan, choosing low-fee bank accounts and reducing the number of bank transactions you make when you’re out shopping.

Tips for school students

Ideas to help kids and teenagers who want to start saving so they can get the things they really want.

Tips for tertiary students

When it comes to saving, the best account for you will depend on how much you’ll be depositing and how often, as well as when you’ll need to take money out. Look for low-fee savings accounts designed just for tertiary students.