Saving money doesn’t always require drastic life changes or giving up what you enjoy. Whether you’re navigating London’s high cost of living or balancing bills in Sydney, there are smart, simple strategies you can use to boost your savings — without sacrificing comfort or convenience. Here are 5 proven methods to save more starting today.

Automate Your Savings

Set up automatic transfers from your current account to a dedicated savings account each payday. Even transferring just £20 or AU$30 per week adds up quickly and removes the temptation to spend it.

Bonus Tip: Use high-interest savings accounts like ING (Australia) or Chase Saver (UK) to grow your savings faster.

Choose a High-Interest Savings Account

Open a dedicated savings account with a competitive interest rate—such as ING in Australia or Chase Saver in the UK—to maximize your earnings.

Set Up Automatic Transfers

Schedule an automatic transfer from your main account to your savings account each payday. Start small—£20 or AU$30 per week—and adjust as your budget allows.

Make It Invisible

Treat your savings like a non-negotiable expense. Automating it keeps the money out of sight and out of mind, reducing the urge to spend it impulsively.

Review and Cancel Unused Subscriptions

Use apps like Truebill (UK) or Pocketbook (Australia) to track subscriptions. Many people forget they’re still paying for unused streaming, gym, or software services.

You could save up to £200 or AU$350 annually just by cutting what you don’t use.

Switch Utility Providers Annually

Electricity, broadband, and insurance providers often hike prices for loyal customers. Use comparison websites like:

Compare the Market (AU/UK)

WhistleOut (AU)

uSwitch (UK)

Switching can save households up to £300 or AU$500/year with minimal effort.

Cook at Home 3x More Per Week

Ordering takeout or eating out frequently adds up. Cooking even three extra meals per week can save £100+ per month in the UK and even more in Australia where dining out is costly.