How to save £1,500 in 2025 without noticing with clever apps that track your spending
Share:
IF you want to save more cash in 2025 instead of frittering money away, clever apps can help you meet your goal. Many of us start the New Year wanting to pull together a cash lump sum. A savings pot could be for a big summer holiday, new car or even to buy a home.
One of the easiest ways to save up cash is by regularly putting away small amounts which gradually buildup. The use of physical cash has declined meaning it's harder to put away spare change into a jar or piggy bank. But fortunately there are plenty of apps and features that can help you digitally put away small amounts of cash regularly.
By the end of the year this can mean you'll have a cash pot worth hundreds of pounds with very little effort. Many do this by 'rounding up' each time you spend and putting the difference into a savings pot. Andrew Hagger, founder of advice website Moneycomms, says: "Say you purchase coffee for £2.40, the transaction will be rounded up to £3.00 with the 60 pence difference automatically being credited to your chosen savings account.
"The pros of this arrangement is that you’re squirrelling away money without realising it and your balance steadily grows as you spend. "The con – albeit a small one is that your current account balance will reduce more quickly, particularly if you’re someone who makes a lot of small value debit card purchases.".
However, it’s usually a very flexible option and you can always withdraw the money back into your bank account if you need to. Many banks offer this option but there are also specialist apps that offer more ways such as a 'savings challenges' and other options to help you easily put away cash.