4 Things You Can Do to Reduce Your Household Bills

It goes without saying that most of us could do with saving a few dollars whenever possible – particularly when it comes to household bills. Costs mount, and bills can stack up, but the good news is that there are many things you can to keep outgoings to a minimum. Here are four things you can do to reduce your household bills.

Electricity

Working towards reducing our electricity consumption is something we should all try to do, not only for the benefit of our bank balance but also for the environment. The good news is that there are several ways to achieve this.

Having solar panels installed in your home is a massive step in the right direction and could save you thousands. According to Harvest Power, a long island solar provider, customers can, on average, save a whopping $120,000 over 30 years. That’s a substantial annual saving, so definitely worth looking into further.

Another great way to reduce electricity consumption is to switch everything off in your home when not in use. Leaving electrical items such as phone chargers, televisions, and washing machines on are a few of the most common ways to waste energy. Get into the habit of switching things off and, before long, it will become second nature.

The same situation goes for lighting. Do you need to have lights on in four of your rooms when you are all sitting in one? Implement a switch-off policy in your home, and you might be surprised at just how much you could save.

Groceries

Monthly groceries can cost a fortune but, by more closely monitoring your spending, the savings can be vast.

If you have never tried meal planning before, you might get a shock at how quickly food bills can be slashed. Knowing what you are going to eat and using a more planned approach when buying groceries, reduces the temptation to buy unnecessary items. It also helps to reduce food waste, which is another plus for the environment.   

Shop around for the best deals

Whether it’s your car insurance, mobile phone plan, or even switching energy supplier, shopping around for the best deal can prove to be extremely fruitful. 

You may not know this, but paying your car insurance annually as opposed to monthly will reduce the overall cost. 

Transferring to a sim only mobile phone deal could reduce your monthly bills by more than half every month!  

Comparison and cashback sites 

Comparison sites check prices for a host of different services such as home insurance or broadband supplier and provide you with a concise list of the best deals available based on your preferences. Using a cashback site alongside them can save you even more money as many of them offer a lump sum payout when you switch. 

You might think it all sounds like a bit of a chore, but taking a small amount of time each week to make subtle changes to your spending habits, could save you a heap of money in the long run.

Featured Image by Michal Jarmoluk from Pixabay