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Personal Finance > Everyday banking and savings > Using your account > Savings tips

Savings tips

Tips to maximise your savings

  • Set realistic savings and investment goals, and prioritise them
  • Keep your savings in a separate savings account to your everyday bank account so you can maximise the interest you earn
  • Instead of saving what’s left at the end of the week, put your savings aside first. This will make sure your savings are given the right priority
  • Set up automatic transfers to your savings or investment account to help maintain regular savings.   Find out how to set up an automatic savings plan
  • Use a special savings account that gives you an incentive to stick to your savings plan – like NAB Smart Reward Saver account that offers bonus interest
  • Remember to review and change your savings and investment strategy regularly so it continues to reflect your long and short term goals