We’re all trying to save a little bit of money. Whether you’re worried about the cost of bills or just trying to put some more money towards a holiday, sometimes it can be hard to think of what exactly you can do to reduce your outgoings.
Here are a few tips to help reduce your spending in every aspect of your life.
One way to cut down your outgoings is to think about what streaming services you use and try to cut them down. There’s Netflix, Apple TV, Disney+, Amazon Prime and many more that most people are subscribed to. If you subscribe to a few of these, maybe think carefully about which one you use less and stop your subscription. This will save you a fair bit of money overall that you no longer have to spend on a streaming service you barely use.
At the same time, think about your music streaming service. If a few members of your family are subscribed to different ones, maybe consider getting a family account for a lot cheaper than individual memberships.
While it can seem so easy to get home from a long day of work and decide to get a takeaway, the costs of this can begin to add up. Curb your spending by pre-arranging your cheat days, and set a budget so you know exactly how much you’re going to spend. This way you won’t surprise yourself at the end of the month when you see you’ve bought tons of takeaways, as instead you’ll know exactly how many you bought and the cost of them.
Spend On Opportunities
A lot of people leave spare money sitting in the bank, but a great way to make extra money is to actually invest this. While you may not think this will get you a considerable amount of money, one way that you can double down on your return is through premium bonds. Every bond you buy gets entered into a monthly prize draw that could win you back between £25 to a £1 million jackpot! So the more money you enter, the more chances you’ll win.
One way you could be losing money each month is by having inefficient heating systems in your house. Boilers not running at their best or faulty insulation could mean you have to pay more to heat your home. By making upgrades or carrying out repairs, you could find your bills significantly reduced.
Heating Funding From UK Energy Management
Luckily you don’t have to worry about the costs of heating upgrades if you work with UK Energy Management. If eligible, you can expect 100% free heating upgrades for your home, including insulation, boiler replacements, smart controls and more.
We utilise ECO4 funding, which is a government scheme designed to support low-income households by providing them with efficient heating upgrades that will enable them to live comfortably and save money. If you’d like to find out more or check your eligibility, get in touch today.