How to save money

You’ve worked hard for your cash, so don’t throw it away without a fight! From getting a better deal on your phone to shopping more smartly, here are some top tips on how to be a wallet warrior!

How to save money

1. Do your research. Use online price comparison sites to make sure that you’re getting the best rate possible.

2. Negotiate. Remember - if you don’t ask for a better deal, you won’t get one!

3. Think outside the box. The best deals aren’t always advertised so do a bit of detective work and make sure to look at all the options available to you.

4. Subscriptions are a big cash leak. If you’re not using or appreciating your subscription, cancel it!

5. Small habits add up. Start thinking about your small daily purchases as occasional treats instead of routines and see how much you save!

6. Resist temptation. Ask yourself these three questions before parting with your money:

• How often am I actually going to use this?

• How many days did I work just to pay for this one thing?

• Do I really need any more stuff?

Top tip

Put the money you save into a savings account. Banks will pay you interest and your hard-earned cash will continue to grow.

Now you’re a realwallet warrior!

If you need support

You should always tell someone about the things you’re worried about. You can tell a friend, parent, guardian, teacher, or another trusted adult. If you're struggling with your mental health, going to your GP can be a good place to start to find help. Your GP can let you know what support is available to you, suggest different types of treatment and offer regular check-ups to see how you’re doing.

If you’re in need of in-the-moment support you can contact Childline, where you can speak to a counsellor. Their lines are open 24 hours a day, 7 days a week.

There are more links to helpful organisations on the BBC Bitesize Action Line page for young people.