Remember beng told that growing up? Our parents were savers, whenever they could manage to with all the costs of raising a family, paying a mortgage and all those bills. There was no culture of borrowing really, the odd credit union loan perhaps, but car loans? Personal loans? Didn’t really happen too often. When the credit crunch hit us in 2008, the freely available credit that was like a running tap, ran dry. People had to go back to the ways of our parents and learn how to save again.

Saving is habitual, it’s a mindset. And when saving it is important to give the plan some identity. Having wages and childrens allowances etc coming into the one account is all well and good but it’s difficult to define exactly what portion of this is earmarked for savings. That’s why people should have a completely separate savings account, something tangible but perhaps not so easily accessible so as to be tapped into willy nilly. It becomes a focus, a goal, a plan. It can be for that college fund, that mortgage deposit, or that unforseen emergency.

With access to a multitude of savings plans that offer access in times of real need, I can provide you with a plan. Don’t just say you will, do it. Put some structure around savings, integrate the concept into everyday thinking and you’ll soon be on your way.