Four ways to help you pull together a lump sum of savings in 2025

TAKING on a savings challenge can be a clever way to pull together a cash lump sum in 2025.

And the New Year is the perfect time to start.

Here are some ideas to put into action now . . . 

NO-SPEND DAY: Pick at least one day a week when you are not allowed to spend any money other than on essentials such as bills.

Items you don’t need, such as a takeway coffee, new shoes or dinner out, are banned under the challenge.

You could make a note of any...