How much should you save in a month?
Experts break it down
Let’s face it, saving money isn’t exactly the
most fun thing ever when chosen over, say, a Glossier haul, but getting into the habit can eventually bring us financial wellness and freedom that’s ultimately just as satisfying as a new tube of Boy Brow.
But getting to that point requires an understanding of why we’re saving, and often times, it’s motivated by a stressful situation rather than being a part of our everyday lives.
“I love saving but I think the root cause of that is fear. I spent most of last year worrying about money as I was on furlough on my two days a week retail job (around £75 a week). So, when I finally got a full-time job in November I went full throttle, making spreadsheets, setting up direct debits to save, and now I panic I'm really far behind on saving compared to most of my peers who've been working full time for two+ years,” says Kirstie.