If your money isn’t stretching as far as you need it to, you might be feeling a little panicked. The first thing that you need to do is look at where your money is going, so that you can work out ways to save. More than likely, most of your money is going on your household bills, am I right?
From paying for your energy to shelling out for your mortgage, there are so many things to cover each month. The key to getting your finances under control is finding simple ways to cut the costs of your utilities, energy and mortgage.
To help you do this, I thought I would share a few amazing ideas for reducing the cost of your bills. (Fingers crossed that these ideas will work for and your family.)
If you want to save money, and the environment, the first thing that you need to do is go paperless with your bills. Did you know that most companies that offer paperless billing, will charge you for paper bills?
Get in touch with your utilities providers and ask them what going paperless would mean for you – would it cut costs? They should be able to tell you about the schemes that they run and how you could save money on your bills.
Most companies offer slightly cheaper rates for customers who choose to go paperless, so it’s worth finding out. Plus, as well as saving money, by swapping from paper to online bills, you will also be saving a tree or two.
Combine your services
If you want to save yourself some money, bundling a couple of services together is ideal. For instance, if you were to combine your internet, television and phone bills by using one provider, you could pay a much lower amount.
The price that you pay just for your television services could cover the cost of internet and phone bills as well. All you need to do is swap to using one provider for all of these services – it’s amazing how much money you can save by doing this.
Swap mortgage providers
Did you know that you can swap mortgage providers? If your mortgage rate is causing you to stress as it’s expensive, consider changing to a different provider.
If you can find a cheaper mortgage provider that you meet the fha credit qualifications for, find out about swapping your mortgage to them. It might take a few weeks, but once it’s all been changed over, you will have a cheaper monthly payments.
Cut your energy usage
Don’t waste energy, as it’s expensive. Believe it or not, cutting down on the amount of energy that you and your family use is fairly, easy. All it takes is a few small changes, like turning down your thermostat by a couple of degrees, for instance.
Swap regular light bulbs for LED energy-saving bulbs. Make sure that your home is draft proof, so that warm or cool air, depending on the season, doesn’t escape. If your shower is electric, put a time limit on showers. There are so many simple things that you can do to reduce your energy usage and save money.
Saving a few pennies here and there is easy, all you need to do is follow the tips and ideas, above. Within a month or two of making these changes, you should have a much healthier bank balance.