It’s a new year! You’re likely sitting in the same four walls questioning your life decisions! We can relate! If there was ever a year where you needed new year’s resolutions you can actually stick to, it’s the year of our Lord 2021. We’re not here to preach about fad diets (how dare anyone tell us that a Terry’s chocolate orange doesn’t count as one of our five a day!) – instead we’ve come up with four easy-peasy money smart resolutions to help you save better and spend better in 2021.
1. Make your spare change go further
Did you ever have a piggy bank as a kid? (or sneakily break into your siblings? #guilty) Or maybe you had one of those big penny jars? You probably lobbed your spare change in them when you came back from causing havoc at the corner shop or running riot in the pic ‘n mix section of Woolworths (RIP) – then counted it out when there was something you really wanted in Argos catalogue. Round-ups take this concept and make it work for the digital age – we set up a secure connection with your bank and round-up the spare change on your transactions to the nearest £1. Spent £2.30 on a coffee? £0.70 is added to your tickr balance. Round-ups help you maximise your investments and grow your money on autopilot. In fact, tickr users using round-ups put away an extra £38 per month on average – it really is one of the easiest ways to give your investment a boost.
2. Set up a regular monthly top-up
Why your savings could be automatic, systematic, hydromatic… well, just automatic really. Setting up an automatic monthly top-up is a great way to put more money into your investment account – even if you’re only paying in a small amount each month. From little acorns mighty oaks grow and all that. Plus topping up automatically means you’ll be less tempted to skip a month or just plain forget to make a transfer. In the long-term, saving on autopilot can make a big difference to your balance.
3. On that note, put money aside as soon as you get paid
We know it’s tempting to go on a payday shopping spree and we’re sure you really absolutely deserve that payday takeaway, new pair of trainers or latest gadget – BUT future you will thank you for putting money away just after you’ve been paid. So we recommend setting up your monthly top-up to go out on, or just after payday. If it helps, you can pretend it’s a bill and give it a kooky name like Queen/King [insert your name here] Taxes or My-Future-Is-Going-to-be-Great Fund.
4. Get money for nuthin’*
*Okay – not quite nothing, that’d be too easy. But you can maximise your tickr balance when you refer a friend to use tickr – and let’s be honest, we could all do with a balance boost in January. You get £10 for every friend you refer once your pal successfully opens their account – plus your friend gets £10 for their balance too. This is the kind of #gainsuary we can get on board with. tickr referral T&Cs apply.
Remember, the value of investments can go down as well as up.