Creator Mel Robbins has mentioned a deceptively easy 10 per cent cash saving rule that would assist households construct their financial savings
Take care of your pennies first, then the kilos will take care of themselves (Picture: Jenner Photographs by way of Getty Photographs)
With family payments rising, bills mounting, and each penny being squeezed additional, numerous British households are looking for easy methods to chop prices. The persistent cost-of-living disaster has made budgeting a each day problem, however are there any methods that truly work?
Enter Mel Robbins. The New York Instances bestselling creator could have uncovered precisely the answer wanted – a way she claims is surprisingly easy, but might fully revolutionise your strategy to saving. In a viral TikTok from The Mel Robbins Podcast, she revealed all. “We regularly act as if cash will not run out, or that emergencies are another person’s drawback,” states Robbins, talking with visitor Morgan Housel, bestselling creator of The Psychology of Cash.
But life is unpredictable, jobs are unsure, and the economic system shifts in methods we can’t anticipate. Housel emphasises that this unpredictability is precisely why saving is not a selection.
“Even for those who do not need to take into consideration cash, you will have an obligation to respect it – as a result of it should have an effect on your life whether or not you prefer it or not,” he stated.
Mel’s answer is simple and could be put into observe instantly. Each time you obtain revenue, whether or not it is your wages, earnings from a weekend facet hustle, or a couple of kilos in suggestions – put aside a small, fastened proportion.
It is a technique she calls the ten per cent rule, and it transforms saving from a frightening problem right into a easy, automated behavior. The strategy resonates within the UK, the place many individuals are struggling to economize.
In 2026, the common grownup has round £19,214 in financial savings, though youthful age teams fare considerably worse with 18 to 24-year-olds holding simply £2,699 on common, in response to Finder.
Worryingly, one in six adults haven’t any financial savings in any respect, and 39 per cent have £1,000 or much less, leaving them uncovered to monetary uncertainty.
@melrobbins
You can’t afford to disregard this recommendation from high monetary skilled @Morgan Housel. Deal with financial savings like an expense. You wouldnt skip hire. You wouldnt skip grocery purchasing. Financial savings needs to be the identical. Non-negotiable. As a result of financial savings isnt about being accountable. Its about shopping for your self independence when life throws surprises at you. Dont miss this episode of The Mel Robbins Podcast. Hear now! The Finest Monetary Recommendation Youll Ever Hear. Watch the complete episode now on YouTube – search The Mel Robbins Podcast Cash #melrobbins #melrobbinspodcast #moneytips #funds
authentic sound – Mel Robbins
MoneyWeek confirms this, highlighting that the UK’s family financial savings price fell to 9.5 per cent in 2025, reflecting stretched budgets and rising dwelling prices. Robbins’ technique of placing away a set proportion of all revenue might supply a sensible answer to start out constructing a buffer with out dramatically altering each day life.
Monetary specialists agree too. Small, common financial savings add up over time with analysis from NatWest displaying UK savers put away roughly £226 per 30 days on common. The ten per cent rule is not about boosting revenue, it is about making saving automated, predictable, and manageable.
Viewers are welcoming this cost-cutting technique, with one particular person commenting: “I’ve my checking account set as much as routinely switch 10 per cent to financial savings on each pay day. So it comes off the highest and I overlook it is even taking place which is good.”
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One other agreed: “For certain, the principle issue right here is together with financial savings in your finances.” In the meantime, a 3rd noticed: “That is very useful”.
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