A monthly savings challenge can be an effective way to teach them about financial responsibility while making the process enjoyable. Start by setting clear and achievable goals. For instance ...

set up automatic transfers to your savings account each week to remove the temptation to skip a week. Align with your income. If you're paid biweekly or monthly, consider adapting the challenge to ...

To start the savings challenge, you just have to put away a ... MoneySavingExpert.com has a full monthly guide to this which you can find here. Join the conversation on our Money Saving Scotland ...