NatWest customers can hit £780 by end of 2025 using a popular savings account method. The 12-month challenge encourages savers to set aside £10 notes, increasing the amount saved each month by multiplying the month number by £10.
For example, January (Month 1) sees customers save £10, February (Month 2) sees them save £20 and March (Month 3) sees them save £30. In April they will tuck away £40, while in May and June they will squirrel away £50 and £60 respectively.
July’s figure is a cool £70, while in August, September and October the figure is raised to £80, £90 and £100, before £110 marks November and the final month of the calendar year – December, and Christmas – brings with it a £120 saving.
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NatWest said: “Each month, multiply the month number by £10 and add that to your savings. Month 1: January save £10. Month 2: February save £20. Month 3: March save £30. By the end of the 12 months, you’ll have saved £780! This method gradually gets you into the habit of setting aside a larger amount as the year progresses.”
It added: “The perfect time to kick off your savings challenge is… anytime you decide! That’s right, there’s no set start date. Just pick the challenge that resonates with you and dive in. Happy saving! Our mobile app is your ultimate savings sidekick.
“With it, you can effortlessly manage your savings on the go. Whether you’re looking to make instant transfers or just want to keep an eye on your balance 24/7, we’ve got you covered. It’s all about making your financial journey as smooth as possible.”
A different type of challenge is ‘loud budgeting’. Loud Budgeting is a trend on TikTok that’s all about highlighting your budget and saying it out loud. Simply put, loud budgeting is being honest about what you do and don’t want to spend money on. Instead of making excuses to skip out on plans or overspending, you just say it like it is: “That’s not in my budget right now.”