SAVE ANY LOOSE CHANGE

SETTING aside time to transfer money to a savings or investment account is easy to put off, but a number of mobile phone apps now let you do it at the touch of a button.

Holly Mackay, founder of financial website Boring Money, likes app MoneyBox which rounds up your change from any small purchase you make and puts it into your chosen savings or investment account.

Several banks have their own version of this too – it means a purchase of £10.86, for example, would be rounded up to £11, with 14p going into savings. It might not seem much, but those pennies can quickly rack up. If you saved just 28p a day from your spare change you would have more than £100 after a year.