- Take a packed lunch to work. Work out what you spend each day on coffee and sandwiches, and then work out how much you spend each week and month and realise how much you could save!

- Set up a direct debit. If you can afford to make savings each month, set up a direct debit into a savings account. However little each month’s contribution may seem, you are saving money without having to think about it.

- Don’t spend more than you earn! Set yourself a budget and stick to it. Even give yourself a daily allowance if it helps you to manage your money more effectively. It takes will-power but it will pay off!

- Lists, Lists, Lists! Are you always wondering where your money went at the end of each month? Start jotting down everything you spend - you will become far more aware of your expenditure and will be able to identify where to make savings.

- Clear your debts. Letting your debts mount up means that interest will spiral, making the situation worse. Even if it means having a meagre few months, paying off any debts should be your first priority, so you can start afresh.