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Barnaby's Budgeting Tips: Day 26

The Momentum UK Team 20 February 2014

As we come to the end of the Great British Budget challenge, Barnaby Budget is finding ways to help you keep up the habit all year round. Today's tip is about increasing your odds when it comes to the lottery...

Barnaby says:

"Consider turning that weekly lottery ticket into a savings plan! If a weekly lottery ticket costs £2, if you save what you'd spend each week that's £104 a year. Likewise other small spends such as a bar of chocolate at the paper shop or a daily coffee can quickly add up. Why not consider contributing your weekly lottery spend, or other weekly expenditure to a savings account instead? It might not give you the same rush, but it can actually be pretty exciting watching your money grow..."

Have you swapped your weekend flutter for savings contributions? How much have you saved so far? Share your thoughts and tips in the comments below!

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