Although there is no 'piggy bank' involved, it can help you save cash
Due to the cost of living crisis, people are looking at how they can save up for the things that they want after they have paid their bills.
Another thing Martin Lewis says that people need to consider is not to ask yourself the cheapest way to do something as this could mean you will overspend. Instead think about whether or not you can actually afford what you want. He explains: "It used to be you'd have to set up a couple of different bank accounts, one for each of your categories, so the money's effectively in little pots . For example, you could have a main bank account, a bills account, then accounts for holidays, Christmas, and emergencies.
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