Welcome to this week’s money makeover which is all about how to save money on energy bills. If you’re not sure about what my Money Makeover series is about, it’s about reviewing everything about your families finances – bit by bit and making the changes you need to make to save money. I’ll be leaving you each week with some homework or a change to make in your budget so please join in and start saving today. I’ll add the links to the other posts at the bottom of the new post each week so you can go back to the start if you want to start from the beginning.
Today’s post is in two parts – the first part is all about how to save money on energy by making sure that you’re paying as little as possible for the energy that you do use. The trick to doing this is to visit a comparison website like uSwitch or Money Supermarket, making sure that you have your most recent bills at hand if at all possible as this will make the results more accurate.
Fill in all of the details and you’ll be given the best prices available to you and then clear the cookies on your computer (different for each browser) and then go to a cash back site such as TopCashBack or Quidco to see if you can get cash back if you switch to the company offering the best deal. Don’t be tempted to go for the higher cash back if the deal isn’t as good because cash back is never guaranteed.
Oh, and if you din’t know, the best deals usually will involve you buying gas and electricity from the same supplier and you can usually get a small discount if you choose to pay by bill by Direct Debit and/or manage your account online so make sure you look into both of these options.
When you’re confident you have the best supplier, you can go ahead and switch. Don’t worry about it being complicated and time consuming as it’s really not. Your new company can sort most of it out for you!
Don’t forget, even if you changed suppliers in the past you should still have a look at what’s available to you every now and again as you never know when there’ll be a better deals available.
Now on to part two – how to save money on energy at home….
So now you know you have the best possible deal, you need to use the energy that you do pay for wisely. I’m sure you’ll know most of these tips but just in case….
This week I’d like you to do two things if you can. One is to see if you could get a better deal elsewhere and the other is to turn your heating down by degree and see if you notice a difference.
See you next week….
Previous week’s Money Makeover posts
Week One – Money Makeover Introduction
Week Two – Sort our your spending
Week Three – Dealing with Debt
Week Four – Get a better deal on insurance