The double whammy of flat wages growth and rising living costs, most notably housing, has made saving money more difficult than ever for many people.
 
Saving can seem like a pipe dream for many of us at the best of times. But according to a 2020 Financial Literacy survey from Savvy, 51.3% of respondents pay their credit card bills on time each month. A further 41.75% of respondents also keep track of their expenses with apps, like the Budget Direct Money Manager app.
 
Here are some of the things you can do to boost your chances of successfully saving money.
 
Not only for your short-term goals, like a holiday, but long-term ones as well, like building up a home deposit: