If you're new to saving it can be hard to know where to start, try our 5 ways to get you into the habit.
Identify opportunities to save by creating a budget, if you don't already have one. We show you how here.
It's often easier to build up savings if you keep them in a dedicated savings account, and separate them from your everyday banking.
Use a personal finance or banking app to monitor and track what you spend. Frequent, small purchases soon add up, and you may spot areas to cut back on spending and save more instead.
Saving any amount of money, however small, is worthwhile. It can help you get into the habit of saving. You could make saving easier by setting up an automated transfer, from your main bank account into a savings account, for the same day each month. Choose the day you're paid, and you'll save money before you're tempted to spend it.
Use comparison sites to check if you could be paying less for your household expenses, like utilities, phone, internet or groceries. If you switch to a cheaper deal, try putting the amount you've saved each month into your savings account.
HSBC China offers you a wide range of products and services for savings accounts and time deposits, empowering you to accumulate and manage your wealth with ease for all your future plans.
Put money away for those unexpected events.
How to recognise the signs and what to do next.
Start planning for the later stages of life.
It's a good idea to have a number of different types of savings. Learn what options you have for different goals.