There are so many ways in which we can save money on our home from changing energy suppliers to checking we get the best deal on our broadband. Here are a few of our money saving tips:
It might seem like a strange thing to be thinking about in the summer months, but now is a really good time to look into saving money on your energy bills this Autumn and Winter, especially as according to Zoopla the average household spends around £1,100 on gas and electricity.1 They say that according to USwitch figures you could save up to £618 per year by changing from a variable rate tariff to the cheapest dual fuel and electricity deal. Check out comparison sites to make sure you are getting the best deal
Once you have found a better deal by switching then you will need to make sure your loft is properly insulated. The recommended thickness for loft insulation is 270mm. The cheapest way to do this is to buy it and fit it yourself, it costs around £20 for a 100ml roll which will cover around 8.3m2. Which? the consumer magazine says that by installing loft insulation you could save around £240 per year on lost energy and on a semi-detached property £140 per year.
Make sure you are getting the best deal on your broadband and line rental. MoneySavingExpert states that people on standard pay with BT £492/yr, TalkTalk £306/yr, SKY £348/yr and Virgin £480/yr – the deals listed on this page could bring it down to £155 over 12 months.
One of the largest household expenses is our weekly shop. To reduce the amount you spend make sure you do a meal planner, this will reduce food waste and will also keep you focused when going around the supermarket. Keep an eye on portion sizes to make sure you don't cook too much. Learn how to store food in your fridge and freezer to prolong its life. Simple tricks such as freezing lemons and limes and adding wine to ice cube trays for sauces really does help to cut waste.