Once you’ve got a plan in place, consider opening a joint savings account so you can both manage and watch your savings grow. There are many options, depending on how you plan on accessing your money, so do some research first.
Regular savings plans are a great way to help you reach your goals. Scheduling them to coincide with when you’re paid takes away the temptation to spend. Before you know it, you’ll start to have a healthy savings balance.
If you already have money saved, or you get a healthy balance in your savings account, you might want to think about a term deposit – you’ll get a fixed rate of return for the nominated term, so you know exactly what your investment's worth.