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What is the best way fo saving money?

HI everybody
we are new couple. we have started new life. Now my wife and me has taken a decisin that we will same money. Now who can help us that what is the best way for saving money?
Thanks
Arif

Comments

  • stoozie1
    stoozie1 Posts: 656 Forumite
    Hi Arid,

    Welcome to MSE.

    For ways to save money on all your current outgoings, you could post a statement of affairs (SOA) on the debt-free wannabe section of this board. You will get feedback on areas you could reduce.

    For grocery/cleaning products savings try the old-style money saving section.

    Then when you know how much you can save per month, this part of the forum will help you work out where to put firstly your emergency cash savings and later on your investments (if you choose that route).

    All the best.
    Save 12 k in 2018 challenge member #79
    Target 2018: 24k Jan 2018- £560 April £2670
  • stoozie1
    stoozie1 Posts: 656 Forumite
    Sorry for the typo in your name, my phone is being cantankerous!
    Save 12 k in 2018 challenge member #79
    Target 2018: 24k Jan 2018- £560 April £2670
  • enthusiasticsaver
    enthusiasticsaver Posts: 16,103 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    You could look at regular saver accounts, they often pay the best rates. Best way of saving is to set up a budget and keep to it.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    The 365 Day 1p Challenge 2025 #1 £667.95/£391.55
    Save £12k in 2025 #1 £12000/£12000
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The best way is to earn more and spend less.

    The best place for saved money is a different question.
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