Help and advice needed

gibsojed04

Hi all,

I am a 19 year old male struggling to save! I was wondering if there are any companies or banks that can take savings direct from payroll so it never goes through my hands and could maybe have no access to the money for a few years to let it build up? Any other ideas on how to save would be gratefully appreciated.

Thanks

J

Lokolo

Get some willpower?

All you have to do is log in after payday and transfer money to a savings account, and tada, you can only spend what you have left.

xylophone

Set up a direct debit from your bank account to go out on payday to a regular saver type account.

saveonarola

You don't even have to log in. Just set up a direct debit, to leave your account the day after pay day. You could have the money go into a regular saver or Cash ISA, or if you really don't want access to the cash, use a 90- or 180-day notice account, or even a 1-, 2- or 5-year savings bond.