Call us
01242 697821

Blogs

Keep up to date with the latest news and our guides on all things mortgages. 

Top Tips for Saving Money for Your Family's Future

Saving money for the future is crucial for financial stability and security. Here are some top tips for families looking to build their savings. 

  • Create a budget: The first step to saving money is to know exactly how much you are spending. Create a budget that includes all your monthly expenses and income, and stick to it. This will help you identify areas where you can cut back and allocate more funds towards savings.
  • Automate your savings: Set up a direct deposit from your paycheck into a savings account. This way, you can ensure that you are consistently putting money aside each month without having to think about it.
  • Take advantage of tax-free savings: The UK government offers tax-free savings options such as ISAs (Individual Savings Accounts). Investing in ISAs can help you save more money as the interest you earn is tax-free.
  • Shop smart: Make a grocery list before you go shopping and stick to it. Impulse purchases can add up quickly and eat into your budget. You can also look for sales and coupons to save on essentials.
  • Cut back on unnecessary expenses: Consider cutting back on things like subscriptions, entertainment, and dining out. These small changes can make a big impact on your savings over time.
  • Start small: Saving even a small amount of money each month is better than not saving at all. According to a recent survey conducted by the Money Advice Service, starting with a goal to save just £10 per week can help create a habit of saving.
  • Start early: The earlier you start saving, the more time your money has to grow. In the UK, the average life expectancy is currently around 81 years old. Starting to save in your 20s can help ensure that you have enough money to last throughout your retirement years.

Saving money is a critical step towards securing your family's financial future. By following these tips, you can start building your savings today and create a more secure tomorrow.

Related

Why a specialist can save your mortgage

Why a specialist can save your mortgage

In our post-pandemic world, we are seeing lots of changes for the needs of borrowers! Do you need sp...

Read More >
How technology is shaping the future of general insurance

How technology is shaping the future of general insurance

From AI-driven claims processing to integrating Internet of Things (IoT) devices for personalised co...

Read More >
Using equity release to fund private healthcare

Using equity release to fund private healthcare

As we age, our healthcare needs tend to become more complex and expensive. Our ability to work and e...

Read More >
Should you use equity release to pay off your mortgage?

Should you use equity release to pay off your mortgage?

Should you use equity release to pay off your mortgage? Are your repayments stopping you from saving...

Read More >
Your mortgage options - we're still here to help

Your mortgage options - we're still here to help

The news around mortgage rates and deal availability has no doubt been heard by you and your loved o...

Read More >
Equity Release - could you release funds to help family with the cost-of-living crisis?

Equity Release - could you release funds to help family with the cost-of-living crisis?

While the cost-of-living crisis rages on, many of us are looking at ways we can tighten our belts.If...

Read More >

What our clients say...

Latest Blog

How can a critical illness insurance policy help

Did you know that critical illness insurance can provide an extra security net? Waiting times for el...
Read More

Avoid NHS waiting times with private medical insurance

Did you know private health insurance can provide an essential safety net? You’ll be able to access...
Read More

Using Equity Release for Home Improvements or Care Needs

As you approach the ‘Golden Years’, are you considering whether to stay at home or move into care?...
Read More

Insuring a Heritage Property? What You Need to Know

There is a lot of love for those beautiful older houses, from the Tudor era to the popular Edwardian...
Read More

Remortgaging This Year? Fixed vs Variable Rates

Do you hold one of the fixed rate COVID-era mortgages coming to an end this year? Unfortunately, the...
Read More

How to restart your budget ahead of summer!

With the sun on our faces and the right approach to your end-of-summer spending, you can achieve you...
Read More

How to stay active through summer! (and how health insurance can help)

With the warmer weather approaching, it’s a great time to get active without hitting the gym! We’v...
Read More

What protection do you need in place to have a worry-free summer?

Summer’s here—time for garden BBQs, beach escapes, and maybe even a cheeky weekend away. But while...
Read More

Avoid these mistakes when buying insurance

General insurance—whether it’s for your car, home, travel, or health—is a crucial financial safet...
Read More

How to use equity release for a new garden renovation or a dream holiday

Using equity release to fund a garden renovation or a dream holiday can be a smart move if done wise...
Read More


Fairview Financial Ltd is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority. Fairview Financial Ltd is registered in England and Wales no: 10912424. Registered office: 107 Promenade, Cheltenham, GL50 1NW.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

@ 2020 by Fairview Financial

Our Fees        

A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

Our standard fee for mortgages is £395 and this is paid when the mortgage is offered. We charge a fee of £295 First-Time Buyers. Other fees may apply depending on the complexity of the work involved or loan amount. The maximum fee we can charge is £795.

Our standard fee for Equity Release is £895 and this is paid on completion.

We also receive a commission from the lender that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. If we receive a commission, this will not affect the cost payable by you.

THINK CAREFULLY ABOUT SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

EQUITY RELEASE: THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, PLEASE ASK FOR A PERSONALISED ILLUSTRATION. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.


  • Back to top