Be the saver you aspire to be

You’ve already taken the important step of saving, but when was the last time you checked if your savings are working hard enough for you? Here are some practical tips to help you make the most of your savings and boost your financial growth.

Maximise Your Savings Potential

• Move Your Money to Work Harder
  Is your money sitting in a current account earning little or no interest? Consider transferring it into a dedicated savings account. This way, your savings can grow with interest.
• Check Your Interest Rates Regularly
  Are your savings accounts giving you the best returns? Visit comparison websites, check your provider’s offerings, or stop by your local Loughborough Building Society branch to ensure you’re getting the most competitive rates.
• Book a Free Savings Review
  Unsure if you’re making the most of your savings? Book a free review with us, either in-branch or over the phone. Our experts can guide you on how to maximise your savings.
• Use the FCA Savings Calculator
  Curious about how much interest you could earn? Try the FCA’s handy calculator to see the potential growth of your savings. https://www.theloughborough.co.uk/support-centre/savings-support/fca-savings-calculator  

Top Tip: Set aside a portion of your savings each month for an emergency fund. It’s a financial safety net for anything unexpected such as your boiler breaking down.

Can you beat your savings goals?

Whether you’re saving for your first home, a dream holiday, or another milestone, taking a few minutes each month to review your finances can help you reach your goals faster.

Accelerate Your Savings:

• Take on the No Spend Challenge
  Cut back on non-essential spending—like takeaways, new clothes, and extra outings—to save more towards your goal.
• Make Simple Lifestyle Changes
  Small adjustments, such as swapping baths for showers or preparing your own meals instead of buying lunch, can reduce expenses and increase your savings.
• Save Your Spare Change
  Regularly put loose change into a money jar. Over time, you’ll see your savings grow without much effort.

Top Tip: Consider using a passbook savings account with a building society like The Loughborough. Physically seeing your savings grow could be a strong motivator.

What do I do now?

Start saving today by opening a savings account. Finding the right account can be confusing, but we’re here to help.

Book a Savings Review With Us Today

Visit us in-branch or give us a call on 01509 631960. Our friendly team is here to help you find the best savings account to match your needs.

For more help on achieving your savings goals savings visit https://uksavingsweek.co.uk/savings/