Let's Talk Money

A 5 Week Plan To Get Better At Money, Inspired by James Clear's Atomic Habits

Wed, 04 Mar 2026 12:27:36 GMT

Spring is not just for cleaning your home: it is the perfect time to refresh your finances. A spring reset gives you the chance to take stock, clear out financial clutter, and build habits that make money feel less stressful.

Instead of trying to overhaul everything at once, this plan uses small, science-backed changes that build lasting habits over time. Inspired by James Clear’s Atomic Habits, it focuses on realistic, manageable steps so your financial reset actually sticks.

Why it works: habit science shows that small, consistent changes are more likely to last than drastic overhauls. Each week builds on the last, so by the end of five weeks, you will feel more confident, organised, and in control of your money.

Week 1: Track What You Spend

Before you can make changes, you need to understand your habits. Tracking spending gives you a clear picture of where your money goes. You also can’t improve what you can’t see. Do not overthink it: just start capturing every purchase.

Action Steps:

Use the table below to record all spending this week. Copy it into Word, Notes, or grab a pen and paper.

On Sunday evening:

Take 10 minutes to review your table.
Total each day and category.
Identify repeat purchases or habits that surprised you.

Habit Science Tip: Recording your spending is a “cue” that triggers awareness. Small awareness steps reinforce behaviour change over time.

Week 2: Reduce Unnecessary Spending

Now that you have seen your spending patterns, it is time to make one small, manageable change.

Action Steps:

Pick one spend you want to reduce from your Week 1 review.
Set a clear written limit. Example: “This week, I will only treat myself to one takeaway coffee on Friday.”
Note this in writing. Making your goal visible strengthens commitment.

Small Wins Tip: Focus on one habit at a time. Habit science shows that targeting a single, specific behaviour increases the likelihood of long-term change.

Week 3: Review and Optimise Your Bills

With unnecessary spending reduced, it is time to make sure your regular bills are working for you.

Action Steps:

Choose one bill to review this week:
Energy or utility plan
Insurance (home, car, travel)
Phone or broadband
Bank fees or loan interest
See if there is a way to save or optimise. Even small savings add up.

Small Wins Tip: Focus on just one bill. If bills feel overwhelming, try the free financial support and guidance available through Plane Saver Credit Union. Our budgeting tools could make a big difference in managing your income. Read the [financial support blog].

Habit Science Tip: Clear triggers and small actions—like checking one bill—make building money habits achievable and less intimidating.

Week 4: Set Goals for The Future

Now that your habits are forming, it is time to plan for the future. Use the SMART method to make your goals clear, actionable, and achievable.

Action Steps:

Create at least one goal this week using the formula:
Specific: What exactly are you saving for?
Measurable: How much will it cost?
Achievable: How can you fund this? E.g. save monthly
Relevant: Why do you want to do this?
Time-bound: What date do you need the money by?

SMART saving goal example: I will save £[Measurable] for [Specific] by [Time-Bound] date. I will save this money by [Attainable] because it is [Relevant] to me.

Habit Science Tip: Writing goals and connecting them to a meaningful outcome reinforces the habit loop of cue, action, and reward, making you more likely to achieve what you set out to do.

You can download and print Plane Saver's SMART Goals Planner to make this easier.

Week 5: Automate Your Savings

Now that you know your goals and your weekly spending limits, it is time to make saving effortless.

Action Steps:

Decide how much you can save each week or month to reach your goals.
Set up an automatic transfer to a dedicated savings account.
Label your savings for motivation. Example: Holiday Fund or Emergency Cushion.

Small Wins Tip: Start small. Even £5 a week counts. Consistency beats size, and automation removes the temptation to spend.

Habit Science Tip: Making saving automatic removes decision fatigue and embeds the habit into your routine for long-term success.

Time to make it happen!

Discover how being intentional with your money can give you confidence, clarity, and control.

You can do it alone, or by signing up to Plane Saver's email reminders . They’ll nudge you every week through the challenges, and provide a full FREE Spring Financial Reset workbook to guide you through it.

Good luck!

Winter Bills Got You Down? Here’s how to Stay on Top.

Tue, 10 Feb 2026 15:01:10 GMT

Winter has a way of putting extra pressure on household budgets. Higher household bills, everyday costs creeping up, and the knock-on effect of Christmas spending can leave many people feeling behind before the year has even started.

If that sounds familiar, you’re not alone. And at First Defence Finance, support is not just about savings and loans. It’s about helping you feel more in control of your money, whatever stage you’re at.

First Defence Finance is more than a place to save or borrow. We also offer practical tools, trusted guidance, and everyday support that many members do not realise they already have access to.

Here’s how we support members beyond the basics.

Check You’re Not Missing Out on Financial Support

Every year, billions of pounds in benefits go unclaimed across the UK. Often not because people are not entitled, but because they do not realise support exists or assume they would not qualify.

Our Benefits Calculator , powered by InBest, helps you quickly check what support you could be entitled to. It is free, confidential, and takes just a few minutes to use.

Many members are surprised by what they find.

Visit www.firstdefencefinance.co.uk/support

A Budget That Actually Works in Real Life

People who regularly track their spending are far more likely to feel confident about their money and build savings over time. But budgeting only works if it feels realistic.

Our partner company Plane Saver Credit Union offer two options:

An online budget planner , powered by MoneyHelper
A printable Plane Saver budget planner , designed by our team for simple, everyday use

Whether you like digital tools or pen and paper, the aim is the same. To help you see where your money goes and make small changes that add up.

Visit www.planesavercu.co.uk/budget-planner

Trusted Support, Matched to Your Situation

Sometimes you need more than a calculator or a planner. You need advice from someone who understands your situation.

Our Help and Support page brings together trusted organisations offering free, expert guidance across a wide range of topics. From debt and divorce to housing, energy costs, gambling support, and mental wellbeing, you can filter by what you are dealing with and avoid generic advice that does not apply to you.

This means you are guided straight to the right experts, at the right time, for the support you actually need.

Visit www.firstdefencefinance.co.uk/support

Making Spending Easier to Control with Discounts

First Defence Finance members have access to a dedicated lifestyle discount platform with over 800 offers across supermarkets, food, travel, retail and everyday essentials.

These discounts are not just about getting money off. They can also help you plan spending and avoid the habits that quietly drain your budget.

One of the most effective tools is reloadable supermarket cards .

You choose a supermarket, decide how much you want to spend on food for the week or month, and load that amount onto a reloadable card. This works with major supermarkets such as Tesco, Sainsbury’s, Asda, M&S, Waitrose, Iceland and others.

Once the balance is used, that is your food budget spent. It encourages planning, reduces impulse top-ups at more expensive convenience stores, and helps you stick to what you have set.

The same approach works for everyday habits too.

If the costs of your takeaway coffees add up, members can use discounted Costa or Caffe Nero cards. If food delivery is a weak spot, discounts are also available for Deliveroo, Uber Eats, and Just Eat.

It is almost like having separate spending pots for different parts of your life, helping you stay in control without feeling restricted.

Members can register and explore all available discounts here: www.firstdefencefinance.co.uk/memberbenefits

Fair, Affordable Borrowing When You Need It

If you do need to borrow, First Defence Finance offers loans with no hidden fees, no early repayment charges, and interest calculated on the reducing balance.

We also encourage members to save alongside repayments where possible. That way, when the loan ends, you are left with a pot of money rather than starting from scratch.

A Credit Union That Supports the Whole Picture

First Defence Finance is here for the long term. Not just when things go wrong, and not just when you need a loan.

Whether you save through payroll, pay by direct debit, or simply want better control of your money, everything we offer is designed to support your financial wellbeing.

You do not have to use everything at once. Even one small step can make a difference.

And if you are unsure where to start, our team is always happy to help point you in the right direction.

Easy Ways to Improve Your Financial Planning

Wed, 21 Jan 2026 14:57:15 GMT

In today's fast-paced world, sound financial planning is essential for securing a stable future.

Whether you're saving for a big purchase, an unexpected expense, or simply seeking to improve your money management, taking small, actionable steps can have a huge impact on your financial health.

Here are some easy and practical ways to enhance your financial planning:

1. Create a Budget

A budget is the foundation of any financial plan and is essential for your financial well-being. By tracking your income and expenses, you can identify areas to cut back and save more. Start by listing your monthly income and categorising expenses—from rent and groceries to entertainment. This clear picture of your finances not only helps you make informed decisions but also significantly reduces stress and anxiety, giving you a sense of control and confidence in managing your money.

2. Track Your Expenses

Keeping track of where your money goes is crucial. Use apps or tools like Snoop Budget Planner to monitor your daily spending habits. This helps you stay accountable and reduces unnecessary expenditures. When you know exactly what you're spending on, it's easier to make informed adjustments and align your spending with your goals.

3. Set Clear Future Goals

Having a specific goal in mind motivates you to stick to your financial plan. Whether it's saving for a vacation, buying a house, or building a retirement fund, set SMART (Specific, Measurable, Achievable, Relevant, and Time-bound) savings goals. Write them down and break them into manageable milestones to keep you on track.

Here’s an example:

Specific: Save £2,000 for a summer family holiday
Measurable: Save £167 per month for 12 months to meet the goal.
Achievable: Set up a separate savings account for the trip and cut down on monthly subscriptions or other non-essential spending.
Relevant: You want to go on a family holiday before your eldest goes to university
Time-bound: Have the full £2,000 saved by June 1st, before the trip.

4. Automate Savings

Make saving a habit by automating the process. You can set up a direct debit that transfers a portion of your income into a savings account regularly. Automating savings ensures that you prioritise saving before spending, helping you to grow your wealth without even thinking about it.

Pro tip

If you work for the Military, MOD or are in receipt of a MOD pension, you can set up savings deposits directly from your salary. Deposits will go out before it hits your bank, ensuring your savings always tick in the background and making you less likely to dip into them.

5. Know Your Credit Score

Your credit score plays a critical role in financial opportunities like securing loans, renting properties, or even landing a job. Regularly check your credit score to ensure it remains healthy with sites like Experian or Clear Score, and take steps to improve it if needed. Paying off debts on time, reducing outstanding balances, and managing your credit responsibly can boost your score over time.

6. Build an Emergency Fund

Life is unpredictable, and unexpected expenses can arise at any time. Establishing an emergency fund can help protect you from financial setbacks, such as car repairs or job loss. Start by making small contributions that fit your budget; even a little can add up over time. While many suggest saving three to six months' worth of living expenses, it's important to remember that every bit counts. If reaching that goal feels daunting, don't be discouraged. Focus on saving what you can and aim to have something set aside for a rainy day. This financial cushion provides peace of mind and stability during uncertain times.

Financial planning doesn't have to be overwhelming. By following these simple tips—creating a budget, tracking expenses, setting goals, automating savings, monitoring your credit score, and building an emergency fund—you can take control of your financial future. The key is consistency and making small, manageable changes that lead to long-term success.

Make a budget to take the first step today and set yourself up for a financially secure future !

A Monthly Habit That Could Change Your Child’s Life

Mon, 22 Sep 2025 11:57:00 GMT

All any 18-year-old really cares about is their future...

Will I be successful? Will I ever own a home? Can I launch that business idea I’ve been thinking about? Of course, none of these questions are solved overnight. And they're definitely not answered by a lump sum of money. But having something saved for that moment makes a huge difference. Time, options, and peace of mind are powerful gifts.

It’s easy to look at “trust fund babies” and think that kind of start in life is out of reach. But it doesn’t have to be. Even modest savings, grown steadily and intentionally, can give young people a serious head start. For some, it could mean avoiding part-time jobs at uni. For others, it might be their first car, a deposit for their first flat, or enough money to test out their first small business idea.

So, how are parents with average UK incomes helping their kids prepare for the future? Let’s take a look.

The Rise of the Future-Focused Parent

More parents than ever are starting to save early, and not just for birthdays or big-ticket items. At Plane Saver, over 33,000 members are saving with us, and many of them are doing so with their children in mind. Those who save specifically for their child’s future put away an average of £36.02 per month .

That might not sound like a game-changer. But over time, it can be.

What Does £36 a Month Really Do?

Let’s say a parent starts saving £36 a month from the time their child is born. If that money is placed in a tax-free, interest-earning account such as a Junior Cash ISA with a competitive rate, the results can be significant. At our current 4.5% interest (AER) , saving £36 a month for 18 years could grow to around £10,000 by the time the child turns 18 (depending on contributions, interest rate changes and compounding.)

It won’t buy them a mansion, but it might pay for:

Driving lessons and their first car
University living costs
The launch of a small business
A deposit for their first rental
Time to travel, learn, or just breathe before adult life begins

The point isn’t the money. It’s the freedom.

How the Junior Cash ISA Works

The Junior Cash ISA is a government-backed, tax-free savings account that allows parents or guardians to save up to £9,000 per year per child. It’s locked in until the child turns 18, at which point they gain full access.

The Benefit?

No tax on savings growth
A safe, predictable return
A clear message to your child: “I’ve been thinking about your future.”

Our current Junior Cash ISA rate is 4.5% AER , one of the most competitive around, and it’s available to our members.

What Happens at 18?

When the child turns 18, the Junior Cash ISA automatically converts into an adult Cash ISA. The tax-free benefit continues, and they gain full control.

That moment matters. Because it’s not just about handing them a savings account. It’s about handing them a vote of confidence. Something they can build from, not just survive with.

A Small Step That Echoes for Years

Not every family can save hundreds each month. But that's not the point. Starting early and staying consistent (even with small amounts) can completely shift the trajectory of a child’s life. The sooner the account is opened, the more time the money has to grow. And the more likely it is that, when the big questions come, your child has options. Because sometimes, knowing you’ve got a few thousand saved can be the difference between “I guess I can’t” and “Why not me?”

Want to start a Junior Cash ISA?

Open a 4.5% Junior Cash ISA online today! You’ll need your child’s ID/passport and proof that you’re living at the same address to get started.

Learn more HERE

Requesting settlement figures from lenders

Wed, 02 Oct 2024 12:09:08 GMT

How to Request Settlement Figures

if you’re planning to clear any loan with your savings or with a Consolidation Loan, you will need to request a ‘Settlement Figure’ from your current lender. Your settlement figure is the total amount you would need to pay to clear and close your loan account.

How to Request Settlement Figures

Contact Your Current Lenders: Reach out to each of your current lenders, whether it’s a bank or other financial institution. You can do this via phone, email, or sometimes through their website or mobile app.
Request the Settlement Figures: Ask each lender to provide you with the total amount required to clear your outstanding debts in full. This figure should include any remaining principal, accrued interest, and any applicable fees.
Timeframe: Your current lenders are obligated to provide you with the settlement figures promptly. Once you’ve made the request, they typically have a set timeframe for providing the required information.
Review the Figures: Upon receiving the settlement figures from your current lenders, review them carefully to ensure accuracy. Ensure they have provided you with the payment details!

If you are using savings to clear an outstanding debt, make sure you check the payment details you have been given. If you are applying for a Consolidation Loan with Plane Saver, you will need to send us the response from your lender including the settlement figure and the APR or interest rate on your current loan. You can download our template below to help you – copy and paste the text into a Word document to send a letter or simply copy and paste it into an email.

CLICK HERE FOR THE TEMPLATE

You’re paying off your debt this year and here’s how!

Wed, 02 Oct 2024 12:03:06 GMT

Ready to kick debt to the curb? We’ve got your back!

Let’s break down the steps to make this the year you say goodbye to those money worries.

List Your Debts

First things first, let’s face those debts. Make a list of everything you owe, like credit cards, loans, or anything else. Knowing what you’re dealing with is step one to taking control.

Figure Out What You Can Pay

Now, let’s talk budget. Look at how much money comes in and where it goes out. Find spots where you can cut back a bit and put that money towards paying off your debts. Building a plan you can stick to is the key to success.

Tackling Multiple Debts

Snowball Method for Debts Under £5,000: Got a bunch of debts under £5,000? Start with the smallest one. Pay it off first, then use that momentum to tackle the next one. It’s like a snowball getting bigger as it rolls downhill!
Debt Avalanche for Debts Over £5,000: If your debts are bigger (over £5,000), focus on the ones with the highest interest rates first. This way, you pay less overall interest and speed up your journey to debt-free living.
Debt Consolidation for Debts Over £10,000: Big debts? Consider bringing them together into one manageable loan or plan. It simplifies things, and you might get a lower interest rate.

Learn About Money

Knowledge is power! Dive into books, online courses, or financial blogs. Understanding budgeting, investing, and personal finance will boost your confidence on this financial adventure. If you use social media, follow us on Instagram or Facebook for free financial education from a range of experts.

Last minute holidays – a few tips for getting more from your budget!

Thu, 26 Oct 2023 15:38:23 GMT

Life is unpredictable . Especially this year, it is even more difficult to plan as the cost of living continues to rise. However, if you need a well-deserved break but are worried about the impact on your wallet, fret not! We’ve got you covered!

In this blog, we’ll delve into the art of booking last-minute holidays on a budget, so you can embark on an incredible adventure without breaking the bank. Whether you’re dreaming of exotic destinations abroad or exploring hidden gems within the UK, we have some fantastic tips to help you secure the best deals and create unforgettable memories. Let’s dive in!

Flexibility is Key

When booking a last-minute holiday, being flexible with your travel dates is paramount. Look for midweek departures and returns as they tend to be cheaper than weekends. Avoid peak travel seasons, school holidays, and major events, as they usually come with inflated prices. By keeping your schedule open, you increase your chances of finding great deals.

Embrace the Power of Comparison

Utilise online travel platforms and compare prices across multiple websites to find the best offers. Websites like Skyscanner, Kayak, and Momondo are excellent resources for flight comparisons, while Booking.com and Airbnb can help you score affordable accommodations. Don’t forget to check the official airline and hotel websites, as they sometimes offer exclusive deals and promotions.

Stay Open to Unconventional Destinations

Consider exploring lesser-known destinations that might not be on everyone’s radar. These hidden gems can offer unique experiences and come with more affordable price tags. With last-minute deals, you might just stumble upon an incredible adventure in a place you never considered before!

Travel Abroad

All-Inclusive Packages: Look for all-inclusive holiday packages, which often bundle flights, accommodations, meals, and even some activities. These packages can provide significant savings, especially when booked last minute.

Standby and Charter Flights

Keep an eye out for standby flights or charter flights that are sometimes available at lower prices. Airlines occasionally have unsold seats that they offer at discounted rates, providing an excellent opportunity for last-minute travellers.

Flexible Accommodations

Opt for accommodations like hostels, guesthouses, or vacation rentals, which can be more budget-friendly than traditional hotels. Websites such as Hostelworld and Booking.com have filters that allow you to search for affordable accommodations.

Explore the UK

Discover the beauty of the United Kingdom by visiting popular destinations during off-peak seasons. Not only will you enjoy fewer crowds, but you’ll also find more affordable rates on accommodations and attractions.

Last-Minute Hotel Deals

Hotels often have last-minute cancellations, which means they may release discounted rooms closer to the date. Keep an eye on hotel booking websites or give them a call directly to inquire about any last-minute availability.

Camping and Glamping

If you’re up for an adventure, camping or glamping can be an incredibly cost-effective and fun way to explore the UK. Pack your tent or rent a pre-set campsite and immerse yourself in the breath-taking landscapes of national parks and coastal regions.

Bonus Tips:

Sign up for Travel Alerts : Subscribe to newsletters and travel alerts from airlines, hotels, and travel agencies to stay informed about flash sales and last-minute offers.
Clear Your Cookies: Some travel websites track your visits and may increase prices if they detect frequent searches. Clear your browser cookies or search for flights and accommodations in incognito mode for the best rates.
Consider Package Deals: Look for bundled deals that include both flights and accommodations. These packages often provide better rates than booking each component separately.

So, who says you need months of planning to embark on an unforgettable holiday? With these valuable tips, you can confidently book last-minute getaways without straining your budget. Remember to remain flexible, embrace unconventional destinations, and make use of comparison websites to secure the best deals on flights and accommodations. Whether you choose to travel abroad or explore the wonders of the UK, the thrill of an adventure awaits you. So, start packing and get ready for an incredible journey!