How to start saving and stick with it:

A financial cushion is not a luxury – it's an important step toward feeling secure about the future. Together with TBC Bank, we’ve broken down how to begin your journey toward financial stability, even if you're starting with a small amount.

Why is it important to develop a smart saving habit, and which tools should you use?

Saving is important – and not just for a “rainy day.” Savings let you live more confidently: help family, invest in education, take a long-awaited trip, or simply not stress about unexpected expenses.

Some accessible tools to consider:

• Savings accounts – earn interest over time.
• Debit cards with bonuses – for example, Salom Card by TBC Bank, which offers cashback on purchases and bonuses for the remaining balance.

Saving for a specific goal is especially effective. It keeps you motivated and helps you avoid wasting money on small, impulsive purchases.

Why is smart saving considered as freedom, not limitation?

Saving doesn’t mean depriving yourself – it means being ready for life. When you have a financial cushion, you feel confident: you can take a risk with a new project, calmly change jobs, or invest in a dream. Once your short-term goals and reserves are taken care of, you can move on to long-term goals without anxiety or stress.

– Maria Minakova, Product Manager

What are the most common myths about bank savings, and why are they false?

Myth 1: “It’s safer to keep money at home.”

In fact:

• Money loses value at home due to inflation. A deposit helps preserve purchasing power.
• Your home isn’t the safest vault – fire, theft, or natural disasters can happen.
• TBC Bank deposits are insured – even if something happens to the bank, clients are compensated within a set limit.

Myth 2: “Real estate is the best way to save money.”

In fact:

• Real estate requires large upfront investments, while a deposit can be opened from as little as 1,000 UZS.
• Real estate is illiquid – you can’t sell it quickly in an emergency.
• It brings extra costs: taxes, repairs, and utilities.
• TBC Bank deposits offer flexibility, transparency, and steady income, without the hassle.

What are common fears about deposits, and how can we ease them?

The biggest fear is losing money in case the bank closes. But here’s the truth:

• Deposits in TBC Bank are insured by the State Deposit Guarantee Fund. Currently, the government guarantees up to 200 million UZS. Any excess amount is the bank's responsibility.
• Large banks like TBC Bank are regulated by the Central Bank, undergo regular inspections, and operate with a stable financial system.

What makes TBC Bank deposits ideal for effective saving?

TBC Bank offers a simple and user-friendly way to save:

• Up to 23% annual interest.
• Flexible deposits – you can add or withdraw funds.
• Open a deposit online via the TBC UZ app, without leaving home.
• Link a card from any bank – the system works fast and transparently.

Saving is easy. You just have to start.

– Rano Namazova, Senior Legal Department Specialist

photo: Mirolim Obidov