5 Ways to Save Money on Your Household Bills

If you find that money is getting a little tight when it is nearing the end of the month, it might be time to look at your outgoings in a bit more detail. Have you ever sat down and looked at your household bills to see if you can reduce them?

From energy bills to mobile phone contracts, you may be spending a lot more than you need to.

By analysing your spending and making a few changes here and there, you could save hundreds, so it’s certainly worth doing.

Here are 5 ways to save money on your household bills.

Switch off lights

If you or family members have a habit of leaving lights on when a room isn’t in use, try to get into the habit of switching them off when you leave. It will reduce your electricity consumption and so help to reduce your bills. Another great way to reduce the amount you spend on lighting is to switch to LED bulbs. They use far less power, so as well as your wallet, they are beneficial for the environment too.

Buy groceries in bulk

If you have space in your home to store it, buying in bulk could save you a lot of money on your grocery bills. Whether it’s laundry detergent or pasta, you will usually always pay less when buying in larger quantities. Transfer what you need into smaller containers to keep in your kitchen and store the rest away. Not only will it save you money but it could also reduce the number of trips you need to make to the supermarket.

Reduce your oil-fired central heating bills

If you have an oil-fired heating system, the time of year which you buy your oil could make a big difference to the cost. According to Speedy Fuels, a UK-based fuel and lubricant supplier, kerosene prices follow the trend of crude oil barrel prices but, due to demand, prices usually peak during the winter months. So, you should be able to save a bit of money by purchasing your heating oil earlier in the year. Not only might it be cheaper, but it’s a great way to spread the cost.

Downgrade your TV package

With so many different TV packages to choose from these days, it’s easy for it to get out of control. If you have a variety of subscriptions, be realistic about what you use and what you need. Cancel anything you don’t watch, and where applicable, contact your TV package provider and try to negotiate a better deal. If you are no longer tied in and they think you may leave them, they will usually offer you a better rate.

Use comparison sites

Whether it’s for mobile phone contracts or car and home insurance, comparison sites are a great way to save money. Just enter a few details, and they will very quickly give you a run down of the best deals available, allowing you to switch to a provider with cheaper premiums. It’s a simple process that doesn’t take long, but the combined savings could add up to a tidy sum.