We’re all looking for ways to make our money go further. Whether we’re already saving for the festive season or whether we’re simply trying to make our monthly paycheque stretch. Whatever the reason, there are a few necessities that are costing us a small fortune.
Things like paying for our cars, weekly food shops, and household bills are all things we have to pay for. But they’re all leaving a hole in our pockets. The truth is though; we don’t have to spend so much on these.
Saving on Household Outgoings
While we obviously can’t avoid paying our heating, gas, and electricity bills; we can reduce the amount we spend on them. This doesn’t mean living in complete darkness or arctic climates during the winter to save money. By making a few simple changes, you can save hundreds on your annual bills. Here are five simple but effective ways to save on your household bills:
1. Turn the Tap Off
Did you know that when you brush your teeth, you might be pouring your hard earned cash down the drain? Instead of leaving the tap running whilst you brush, turn it off. This simple gesture won’t make any difference to you, but could save your household hundreds of pounds a year.
The same goes for washing up. Don’t just let the tap run down the drain when waiting for it to heat up. Instead, store the water to use for something else. Again this will cut your water bills and your carbon footprint. It’s a simple, subtle change. But an effective one.
2. Energy Saving Lightbulbs
We’re often being preached at to turn lights off when we’re not in the room. And while many of us are doing so, we could still be saving money when it comes to lighting our homes. Energy saving lightbulbs are the perfect way to light your home on a budget.
While they cost a little more than normal bulbs, they do last much longer. They light your home in the same way, but help you cut your bills considerably. Remember to turn them off still, and you can save a small fortune. All this, and not a candle in sight.
3. Paperless Billing
Everyone is going ‘green’, even your energy companies. This is why many providers will be asking you to opt out of paper bills. Continue to use them, and you are charged. Homeowners who choose to monitor their usage online are now being rewarded with discounts and special offers.
The same goes for your mobile phone provider. Try paperless billing as an easy way to slash your costs. While the penalty for each bill may not be much, £5 every month for a year really adds up. If you find that this doesn’t work for you, it is extremely easy to opt back in again.
4. Check Your Usage
When you signed up to your energy provider, you may have been on the best deal for you. But as time goes on, you may find that the electricity, water, or gas you use changes. Installing a meter, or having your existing one checked is essential. You may find that you’re paying for a certain amount of usage that you’re not reaching.
5. Shop Around
This leads on nicely to the final point. Many of us are lazy when it comes to changing providers. For an easy life, we moan at our renewal price but continue to pay. Once you’ve worked out your energy usage, head to a price comparison site.
Check out what other providers are offering. Look into multiple providers, as well as the one-size-fits-all companies. Chances are you’ll find that you can really slash the amount you spend every year on your bills.
Saving on your household bills doesn’t have to be difficult. In fact, these five steps are all quick, easy, and hassle-free. The amount you can save will ultimately depend on the amount you use, but there are certainly savings to be made across the board.
This guest post has been written by online copywriter Clare Evans. She writes about all aspects of personal and business finance, including frugal living, managing loans, and saving money.