That’s why it’s important to have a solid process in place right from the get-go to ensure you’re achieving your financial goals, whether that is hitting a savings target or improving your credit score.

Stick to a budget

By creating a budget to track your monthly income and spending, you’ll automatically feel more in control of your money. Identify exactly what is leaving your account every month, from bills and subscriptions to how much you’re spending on groceries.

To start saving more money, be sure to double down on your spending habits and be strict with yourself so you’re not tempted to go over your budget. You can even try a “no-spend” challenge and test yourself. That way, you’ll have a little bit of money left over, which you can easily transfer into your savings account.

Set up an emergency fund

Having an emergency fund available is always a good idea. Unfortunately, things happen that are out of our control and can often involve us having to spend a lot more money than we anticipated at the start of the month.

Emergency funds are crucial if you’re trying to save, as they prevent you from having to dip into your savings on a rainy day. This fund should be easily accessible so you can use it when you need it most.

Pay your bills on time

Paying your bills on time will help you avoid any late fees, which could impact your ability to save as much money as possible.

At the start of every month, be sure to put the money for your bills aside before anything else. It’s good practice to set up a separate bank account that can be used to pay your bills automatically. That way, you probably won’t even notice that the money has left your account.

Trust the process

Building up a good savings pot isn’t going to happen overnight. It’s important to have self-discipline so you can achieve your financial goals as quickly as possible.

Staying focused on your goals is the key to your saving success. However, don’t deprive yourself of a few treats now and then. It’s fine to go off-track once in a while, but be sure to stay determined to feel the full benefit of your efforts.