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Saving Money Within the Home

26/01/2021

When you want to cut the costs of your monthly bills, you may be unsure where to start. There are a number of ways in which you can view what you currently pay, and what you are getting for your money. When you need every penny from your income to count, paying extra for services you don’t want, need, or where you are not wholly satisfied, may seem a little redundant. This is where budgeting can help. By making a list of your current expenditure, you can figure out what you do and don’t use, and what you feel you could get a better deal on.

Broadband

A good broadband connection can be imperative when you need to work or study from home. You can find the best broadband deals online, and use these in relation to the speed of internet that you want. The length of broadband contracts can also vary, depending on the provider. If you decide prior to looking how much you want to spend each month, then you can narrow down your search accordingly, which can allow you to put more money back in your pocket.

Searching for a reliable broadband provider online can give some great results, and then you can speak to those who live near you to see which provider they use, and get feedback regarding the service they have been provided.

Television

The type of television package that you have should depend on how much television you watch. If you want to watch live television, gain additional movie and sports channels, and be able to record it, you may be presented with a pricier package than someone who is content with the basics.

In addition to this, those who only watch streaming services, and no live television, could also cut the extra cost of a television licence. A TV licence is only necessary where you watch or record live television, or use apps which allow you to watch live programmes. Watching through streaming services is exempt from this, which could save you approximately £157.50 each year.

Utilities

You may also be able to use price comparison websites to change your gas, electricity, or water provider. They will take into account the size of your house, the number of people living there, and the average usage based on your previous readings. You can then pick and choose depending on what you feel is affordable, as well as the reviews you find for each company, and what is available to you in your area. There also may be government schemes, such as the Warm Home Discount, that you can participate in if you are eligible, to further save on utility costs. 

Looking at the different aspects of your home can help you to cut down on your regular monthly bills. Sadly, staying loyal to one company or brand may not pay off as much as shopping around for deals can. Make sure that you read the fine print before entering contracts and, once the minimum period is over, you will then be free to shop around again.

Photo by Christin Hume on Unsplash

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