Stories

Wed, 08 Jul 2026

Wed, 08 Jul 2026 I run the UK's biggest bank, here are five ways to manage your money

The CEO of Lloyds Bank talks about how to save, budget, avoid scams and manage money in a relationship.

* Automate savings by setting up a direct debit from your current account to a savings account.
* Save "little, early and regularly" to develop a saving mindset.
* Set aside an emergency fund for surprise bills, aiming for 1-3 months' salary.
* Be cautious with online transactions and don't send money without verifying the recipient's identity.
* Avoid taking on excessive risk when investing and consider simpler, diversified options. Additionally, Nunn recommends:
* Having complete transparency over finances in a relationship.
* Teaching children about the value of money through pocket money and setting clear expectations for budgeting.
* Using tools and resources to protect against fraud, such as referencing advice or calling the bank.