Overview
- Barclays set out five practical methods on its webpage titled “Savvy ways to save without noticing.”
- The ‘vanishing £2 coin’ tip urges people to place every £2 received in change into a jar and only empty it when full or at year end, noting the £2 is the least common coin in circulation.
- Another recommendation moves the pennies from a day’s end current account balance into savings, with Barclays noting that about 30p a day can total more than £100 a year.
- The bank suggests withdrawing £10 less at cash machines, such as taking £40 instead of £50, to reduce non‑essential spending.
- Barclays advises setting milestones and target dates, arranging regular payments, and using its personalised tracker to monitor progress toward savings goals.