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Why number confidence matters for building your savings

23 Sep 2025

By Isobel Gordon, Savings Policy Manager at Building Societies Association and host of Why We Save Podcast

For many of us, the idea of saving money can feel overwhelming. We tell ourselves, “I’m not good with numbers” or “I’ll never get on top of my finances.” And when numbers feel intimidating, saving can feel harder than it needs to be.

UK Savings Week logo

That’s why, this UK Savings Week, we want to shine a light on the link between number confidence and saving. Because the truth is, you don’t have to be a maths whizz to save. Small steps, regular habits, and a little confidence with numbers can go a long way.

The numbers barrier

It’s easy to think that managing money requires complicated calculations or expert knowledge. But everyday saving often comes down to simple sums:

  • Keeping an eye on what’s coming in and going out
  • Working out how much you can set aside each week or month
  • Comparing prices to find the best deal

If numbers feel like a barrier, these tasks can seem daunting. And that can stop people from even starting. But the good news is: building number confidence doesn’t mean learning pages of equations. It’s about feeling comfortable with the everyday numbers that matter to you.

Start small, save small

The most powerful thing about saving is that you don’t need to begin with large amounts. Even putting away £1, £5, or £10 regularly makes a difference. Over time, those small amounts add up. Just as importantly, seeing your savings grow – no matter how slowly – builds confidence and motivation to keep going.

Think of saving as practice with numbers. Each time you set aside a bit, you’re not just building a financial cushion – you’re proving to yourself that you can handle the numbers. That positive cycle helps both your money – and your confidence – grow.

Everyday number confidence

So, how do you boost your number confidence to make saving easier? Here are a few simple steps:

Check in regularly. Write down or use an app like Snoop or Emma to see what you’re spending and saving. The act of tracking makes numbers feel less mysterious.

Break it down. Instead of looking at a big goal – like saving £500 – work out what that means in smaller chunks. £10 a week feels more achievable than a large lump sum.

Celebrate small wins. Put away £2? That’s progress. Saved up enough for a family day out? That’s a big achievement. Recognising these milestones helps you see the value in every step.

Ask for help. Whether it’s using free tools, online resources, or chatting to a friend, support can make numbers feel friendlier.

Building resilience

Saving isn’t just about the money – it’s about resilience. Having even a small savings pot means fewer sleepless nights if the washing machine breaks, the car needs repairs, or an unexpected bill arrives. Our research proves that. The more confident you feel with numbers, the more control you’ll feel over those situations.

Why not take the first step this UK Savings Week?

Whether it’s setting aside a few pounds, checking your spending, or trying the free National Numeracy Challenge, every action counts. The important thing is to get started – and let your confidence grow with your savings. By starting small, practising regularly, and building number confidence along the way, you can create habits that last a lifetime.

Try the National Numeracy Challenge

However you feel about maths, you’re not alone. The National Numeracy Challenge is a free and easy-to-use website you can use to improve your confidence with numbers, in your own time and at your own pace.

It’s ideal for brushing up, checking your level, or for catching up on learning you missed, and it’s all about the maths you need in daily life and at work – no algebra or trigonometry.

Image showing the Challenge on a computer monitor