10-Minute Financial Habits That Could Save You Thousands

Let’s face it: most people spend more time scrolling Instagram than they do reviewing their finances - I’d be guilty of it too, if it wasn’t quite literally my job! But what if I told you that you could build wealth with less effort than it takes to brew your morning coffee? Here are some bite-sized habits that could transform your bank account and your future. All it takes is 10 minutes.

1. Automate Your Savings

If you’re not automating your savings, you’re leaving money on the table. Set up a direct debit to a separate savings account or an investment platform. Out of sight, out of mind, and yet somehow, the money grows. Think of it as paying your future self first.

Pro tip: Aim for at least 10% of your monthly income. Adjust as you go.

2. Check Your Subscriptions

Did you know that the average person has 12 subscriptions? Gym memberships, Netflix, Nespresso (guilty), Uber Eats, Amazon Prime —it adds up. Take 10 minutes to review your direct debits and cancel what you don’t use. It’s like finding hidden cash in your pocket.

Pro tip: Use apps like Snoop or Emma to track and manage recurring expenses.

3. Review Your Daily Spending

Tracking your spending doesn’t have to be a chore. Apps like Snoop or Emma make it easy to categorise your expenses and spot patterns. Are you splurging on lunch every day? That’s fine if it brings you joy and it’s to the determent of saving, but being aware of your habits can help you make smarter choices.

Pro tip: Give yourself a “fun money” allowance to keep guilt-free splurging under control.

4. Set One Small Financial Goal

Big financial goals can be overwhelming, but breaking them into smaller, manageable steps can make a world of difference. Want to save £5,000 this year? Start by saving £100 this month. It’s all about momentum.

Pro tip: Use visual trackers—like a savings jar graphic—to see your progress. Monzo allows you to create saving pots.

5. Update Your Financial Knowledge

Take 10 minutes to read a financial article or listen to a podcast. Staying informed is half the battle when it comes to managing your money. Knowledge really is power—and potentially pounds in your pocket.

Pro tip: Bookmark your favorite finance blogs (ahem) and commit to reading one post a week.

6. Review Your Emergency Fund

An emergency fund is your financial safety net. Take 10 minutes to check your balance and assess whether it’s adequate. Aim for 3-6 months of living expenses. If you’re not there yet, make a plan to build it up.

Pro tip: Treat your emergency fund like a subscription—add a set amount to it monthly.

7. Check Your Credit Score

Your credit score affects everything from loan approvals to mortgage rates. Take a few minutes to check it for free on platforms like Experian or ClearScore. Spot any errors? Fix them before they cost you.

Pro tip: Keep your credit utilization below 30% of your limit for a healthier score and register to vote!

8. Negotiate a Bill

Yes, you can haggle in the digital age. Whether it’s your phone bill, car insurance, or broadband, take 10 minutes to call and ask for a better deal. The worst they can say is no.

Pro tip: Mention competitors’ offers—companies hate losing customers.

9. Declutter and Sell Something

Have 10 spare minutes and a pile of stuff you don’t use? List it on eBay, Vinted or Facebook Marketplace. It’s amazing how much cash you can make from things gathering dust.

Pro tip: Focus on high-value items like electronics, furniture, or branded clothes.

10. Plan Your Next Move

Take 10 minutes to think about your financial goals for the week, month, or year. Write them down and break them into actionable steps. Want to invest? Open that ISA account. Need to budget? Start tracking your spending today.

Pro tip: Use Sunday evenings to map out your money moves for the week.

Final Thoughts

Building wealth doesn’t have to be overwhelming. Small, consistent steps can lead to big changes over time. Start with just one of these habits today, and watch how they snowball into financial confidence and freedom. Your future self will thank you.

p.s not advice obvs!