A NatWest banker has recommended a ‘£10 rule’ to help customers ‘save more’. In a social media video, a NatWest Senior Personal Banker outlined three tips she recommends to help customers boost their savings. The expert then detailed the tried-and-tested tips, explaining how the ‘simple’ methods can deliver results for customers.

NatWest posted the video on its Instagram page, captioning the post: “Straight from a NatWest Personal Banker: three tips that genuinely help our customers save more.” In the video, the employee then shared “three rules everyone should know.”

Introducing herself to the camera, the banker explained that she created the video to help customers ‘feel more in control’ of their money. The expert said: “Here are three saving tips I tell all my customers.

“First, always set a clear savings goal, not just I should save more. Is it £1,000 for emergencies, £500 for Christmas? Knowing your why keeps you motivated.” She continued: “Next, be realistic.”

Sharing her next tip, the personal banker continued: “You don’t need to save half your wage, even £10 to £20 a month adds up. Start small, stay consistent.” She also advised customers to track their money every month, reports the Mirror.

“Know what’s coming in and what’s going out. When you know the real numbers, you can save without dipping back in before payday,” she said. “Keep it simple, keep it realistic, and your future can start changing today.”

NatWes shares further money-saving tips on its website. The bank says that on average, customers save twice as much when they have a goal in mind. Customers are also advised to set a budget.

The advice said: “A good habit is to set a monthly budget to plan your spending. It could help you spend less and save more. With the NatWest app, you could categorise your current account transactions (e.g. household bills, groceries, eating out, travel, etc) to give you a more detailed picture of where you spend your money and help you to spot opportunities to save each month or even donate to charity.”

NatWest also offers a budgeting guide on its website. Sharing a tip for customers, the bank added: “If you find you’ve been spending way too much on certain things, you can set yourself budgets in different categories.

“You could set-up a spreadsheet or you could let the NatWest app automatically categorise your current account transactions as you go. It could save you time and help you find those non-essential items to cut down on.” More information is available on NatWest’s website.