5 Tips for Reducing Your Household Bills

Posted February 21, 2020 by in Lifestyle
Woman using calculator on iPhone

With so many different household bills to contend with, there’s little surprise you have landed on this article. This is because everyone is trying to decrease those monthly expenses, freeing up their money to spend on more exciting things such as holidays and the latest fashion trends. 

Thankfully, the amount of bills actually comes in handy in one regard. Due to the sheer amount; think electric, water, gas, broadband, insurance, and so on – there are plenty of ways to save money. 

If you’re attempting to reduce your household bills, read on for five tips: 

stack of household bills

1. Soften Your Water 

When you read that title, your initial reaction will probably have been: ‘What?’ However, a water softener system is a fantastic, and unorthodox way, to cut down on your monthly water bill. 

To answer your follow-up question of ‘What is a water softener system?’ it is, in simple terms, a method of purifying water so it is at optimum quality. It removes ions that cause the water to be ‘hard’, including the likes of magnesium and calcium. 

While better quality is great for consumption, just how does softening help with reducing those water bills? Well, it helps to save you time, which in turn saves you money. Not only do you use upwards of 50% less soap, soft water, due to eliminating hardness minerals, also limits scale buildup. The latter means it is easier and quicker to get the likes of sinks, showers, and surfaces clean. 

2. Use the Sun 

There’s only one answer when it comes to the best source of inexhaustible and clean energy: the sun. As a result, it only makes sense to use it when possible. 

In terms of reducing household bills, solar panels are the main way of utilizing the sun. Even if your home isn’t in the most prime area for regular, year-round sunlight, it can still payoff to install solar panels

The installation, however, is what often puts people off. Not necessarily due to how it is placed on the home, but due to the cost of getting the job done. Plus isn’t this article listing ways to reduce bills? 

While the initial cost might be scary, you have to look at the big picture. With solar panels, you are making massive savings on your electricity bill. So much so that, based on statistics, the average American homeowner saves enough money to pay off their solar panel installation within eight years

3. Negotiate With Providers 

If you love to haggle and negotiate, it’s time to put that passion into good use. Due to the competitive nature of sectors such as broadband providers, satellite TV providers, insurance providers etc. deals and cut-price bills are always only a phone call away. 

The reason for this is simple. These providers want to gain as many new customers as possible. They also want to do everything they can to stop customers from leaving for one of their competitors. This puts you in a beneficial position. 

If you’re unhappy with any of your current bills, have a chat with a provider and indicate your feelings. Give them a little nudge with the suggestion you’re thinking about switching to a competitor, and they will likely do what they can to reduce the bill. 

4. Read the Fine Print 

In relation to the previous point, you also need to take the time to fully analyze what a provider is offering. For instance, there might be a broadband company offering a cheaper deal than everyone else. However, in the fine print it details that any contract you sign is a 24-month minimum, and the price increases after the first 12 months. 

Always pay attention to all aspects of a deal before signing on the dotted line.

5. Strategic Use of Resources 

With a healthy dose of strategy, you can start reducing your bills instantly without having to change providers or install new technology. 

As an example, you could cut your heating bill down by employing various techniques. First of all, ensure the central heating only comes on when absolutely necessary. There’s no need for it to be in operation when everyone is out of the house. Then when you are home, wear warmer clothing and knock the thermostat down by two or three degrees – you might be surprised at how much you can save

From renewably energy to negotiating with providers, there are many different ways to reduce household bills. Even if you only apply one or two of the previous tips, it could help to save a substantial amount of money off your monthly expenses.