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The Guardian - UK
The Guardian - UK
Rhymer Rigby

New ways to think about saving: how to form good habits and stay motivated

Smiling woman looking at phone
Get into a savings mindset, and give yourself something to look forward to. Photograph: Getty Images

Saving has the power to positively transform your life. It can provide you with a financial cushion, enable you to do the things you want to and help you cope with unexpected shocks. It can even help you sleep better at night.

Indeed, there is a strong correlation between financial wellness and overall feelings of wellness – and the two feed into each other in numerous ways. People who have savings and are on top of their finances are generally happier and worry less, according to research from the Office for National Statistics. They can expect knock-on positive effects on everything from their work to their health to their relationships and family life.

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