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Saving strategies: how often should you save?

When it comes to saving, it’s important to plan how often you want to deposit money into your savings account.

There are typically three ways to do this; regular deposits, one-off deposits, or a combination of the two.

And when it comes to tally (physical gold), which has proven to increase in value over the long term, but fluctuates in comparison to £GBP, how do you know when to deposit?

Regular Deposits

Regular deposits are a saving strategy whereby an individual consistently saves smaller amounts of tally (physical gold) on a set schedule (for example, saving £100 of tally every month, instead of £1,200 at once).

What are the benefits of Regular Deposits?

Regular deposits can be an effective way to save by making a regular payment from a bank account into a Tally account and is as easy as setting up a standing order.
Some benefits of regular deposits include:
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  • Savers don’t have to remember to transfer money into their savings account each month
  • The saver’s tally balance (read: physical gold ownership) will increase every month
  • Savers can feel secure in knowing they’re contributing towards their financial goals every month in a currency that protects the long term value of their savings
Additionally, regular deposits can be a helpful method to aim to reduce the impact of fluctuations in the £GBP value of tally.
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  • Given that gold price fluctuates in comparison to £GBP, periodic scheduled deposits enables savers to buy gold at different prices over time. This can help average out any fluctuations (increases or decreases) in the price of gold.
  • Having a regular deposit plan removes much of the detailed work of attempting to time the market, when some savers or investors try to buy tally at a low price.

One-off Deposits

One-off or lump sum deposits are a common way to save in tally. Whether you’re using existing savings, have sold a property, received an inheritance or simply wish to allocate different amounts of a regular salary to save in tally, you can make one-off deposits into tally in seconds via bank transfer.

What are the benefits of One-off Deposits?

Many people choose to save in one-off deposits due to convenience, personal analysis or to get their savings out of fiat currency and into tally immediately. Some of the benefits of one-off deposits include:

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  • Savers can feel secure in the knowledge that their savings are immediately held in physical gold, that is never lent, leveraged or invested.
  • Moving savings into tally sooner removes the amount of time fiat currency savings are devalued over time via inflation, compared to regular deposits.
  • Should the price of tally only increase after your purchase, the average price of your tally purchase will be lower than saving in regular deposits. The opposite also applies; if the price of tally only decreases after a one-off deposit, the average price of your tally purchase would be more expensive than regular deposits.
  • Tally is not capped by the FSCS £85k limit, so it’s a great place to put larger amounts of savings or a windfall to ensure that the full balance is protected by our custodial arrangement and security trust structure.
Additionally, one-off deposits can be used by savers who want flexibility over when they purchase tally.
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  • The price of tally (physical gold) is set by global markets on the principles of supply and demand. Many expert and retail investors, and savers, believe they can identify when that price is lower than it will be in the future, and choose to make one-off purchases on those occasions.

Which saving strategy should you choose?

To know which saving strategy is right for you, it’s important to consider your unique saving circumstances.

Regular deposits are simple to set up, help savers save reliably on a set schedule and let savers buy gold at different prices on set dates, which can help average out tally (physical gold) price fluctuations. Savers can set up standing orders to make regular payments from any bank account into their Tally account.

One-off deposits enable savers to own any amount of tally (physical gold) instantly and give savers flexibility should they wish to time their tally purchase. Savers can make one-off deposits into tally in seconds via bank transfer.

Download the Tally app and start saving today!

Important information: The content is for informational purposes only, you should not construe any such information or other material as financial or other advice.

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Real World Examples

  1. Fancy a coffee? Use your TallyMoney Mastercard. Boom – paid. (Yes, you’re buying a flat white with gold. How amazing is that?)

  2. Need cash? Use any Mastercard ATM worldwide or spend across the globe. ZERO fees from us, ZERO markup. (When you spend or withdraw, your gold converts instantly at the global spot price. No catches, no hidden charges – just straight-up Mastercard exchange rates. Because your money shouldn’t cost you… more money.)

  3. Want some money back in your bank? Just tap ‘transfer’ in the app. (Though after a while, you might wonder why you’d want to…)

    Zero faff. Zero waiting. Zero fees when you spend tally.

Meet Cameron Parry

Meet the guy who wouldn’t accept being trapped in a ‘heads they win, tales we lose’ government-run monetary system that protects and benefits the financial institutions, to the detriment of the public. Where people’s deposits are constantly at risk, and losing value through inflation caused by central bankers and politicians.

If necessity is the mother of invention, then frustration may be the roommate’s cousin of motivation. In any case, he decided to stop getting mad and start a new monetary system with sound money. Where deposits serve the depositor, where savings build wealth for savers, and transactions are made in a familiar way. And he called it TallyMoney.

TallyMoney: Gold upgraded

With TallyMoney:

  • Your pounds instantly become physical gold (1 tally = 1mg of real gold)
    Stored in Swiss vaults (not under your bed)
  • Fully insured and allocated (actually yours, not a paper promise)
  • Spend it anywhere with your TallyMoney debit Mastercard
  • Transfer back to pounds instantly if needed (but why would you?)

We’re not anti-bank because it’s trendy. We’re anti-bank because the current system is rigged against you. Every day you leave money in a “savings” account, you’re funding their profits while your wealth evaporates.

Enter gold: the original currency

Why gold? It’s value is universally acknowledged.

  • It’s not controlled by any single government
  • It can’t be printed or manufactured
  • It’s actually scarce 
  • It requires effort to extract it 
  • It doesn’t rust, decay, or disappear
  • It has remarkable properties

So while the pound’s lost 50% of its value since 2004, gold’s grown by 146% in the last decade alone. While your bank savings got mugged by inflation, gold owners were laughing all the way to… well, not the bank.

But here’s the rub: Traditional gold ownership is a right pain. Buy physical bars? Prepare for storage fees that’ll make your eyes water, insurance premiums that never end, and a 5-10% haircut when you need to sell. Plus, try buying your weekly shop with a gold ingot.
Paper gold ETFs? They’re classed as Tier 3 assets for a reason – that’s financial speak for “risky as hell.” You don’t own gold, you own a promise. A tradeable IOU. And when everyone wants their gold at once? Good luck with that. So you’re stuffed either way: real gold that’s impossible to use, or fake gold that might not be there when you need it.
Until now.

The truth about inflation

How? Well, when politicians overspend (and they invariably do), they need more money to ‘stimulate the economy’. But raising taxes makes voters angry. So what do they do? They fire up the money printer, and boy do they love to print. To give you a sense of the scale, since 2015 the Bank of England has created £520bn out of thin air through “quantitative easing” (electronic money printing) plus £86bn in physical currency. 

Thing is, more pounds in circulation = each pound is worth less. Think about it: In 2004, £100 could buy you a decent night out, theatre tickets, and a cab home. Today? That same £100 barely covers the theatre tickets. Your money didn’t disappear – it was diluted, like someone’s been topping up your whisky with water when you weren’t looking.

The “2% inflation target” they bang on about? That’s them telling you they plan to steal 2% of your wealth every single year. And calling it healthy.

How TallyMoney actually works?

  1. First things first: we’ve got actual gold bullion* (none of that paper-promise nonsense) locked up tight in a Brinks vault in Switzerland. Yeah, those Brinks – the security legends who’ve been protecting valuables since Queen Victoria was on the throne.

  2. You send your pounds to your TallyMoney account (bye-bye, inflation-addicted fiat!).

  3. We use the global gold spot price to instantly turn your currency into its weight in gold. No hidden or fuzzy exchange rates, just the real market gold price + 1.49% gold purchase fee.

  4. Each milligram of your physical gold = 1 tally (we keep it decimal because no one wants to faff about with troy ounces – the specific unit for measuring gold).

  5. That’s it! Your app shows your balance in tally, but remember – those aren’t just numbers on a screen. That’s your solid gold, in milligrams, sitting pretty in Switzerland.
  6. You can now save and spend your gold as you see fit.

*All Tally gold is sourced from LBMA-accredited providers because we’re rebels with a cause… and standards. Instead of tracking the gold price per kg, your money is directly converted based on the real-time global gold spot price.

TallyMoney is 
real money

  1. Store of value
    Your gold sits in a Swiss vault (not getting ‘quantitatively eased’ away)
    Evidenced by 5,000 years of holding its value
    Can’t be inflated by government whim and fingers on the ‘currency print’ button
  2. Medium of exchange
    Spendable at 150+ million shops worldwide (thanks, Mastercard)
    Currency converts instantly at market rates (no sneaky margins)
    Moves as quickly as sending a text 
  3. Unit of account
    1 tally = 1mg of gold. Simple
    Stable enough to actually plan your future with
    Speaks every currency’s language (gold’s kind of a big deal everywhere)

This is why TallyMoney is so much more than just owning Gold – it’s a real financial revolution. We’re not just helping you own gold; we’re bringing back what money was always meant to be. Sound Money for a Brighter Future. Because your hard work and wealth deserve better than being slowly robbed by external forces.

We want you to have real money

  1. A store of value:
    Keeps its value over time
    Insulated from devaluation/inflation
    Actually rare and can’t be created out of thin air
  2. Medium of exchange:
    Easy to use for everyday transactions
    Widely accepted
    Can be transferred efficiently
  3. Unit of account:
    Works like a proper value-measuring stick (imagine if your ruler shrunk every year – mad, right?)
    Splits nicely into useful bits
    Reliable enough to plan your future with

Why does this matter? Because your hard work deserves better than being turned into monopoly money by someone else’s actions. Every time your currency loses value (inflation) its stealing from your past work, which harms your present savings, and your future dreams.