Bills Money Saving Tips
Such a large amount of our money goes into paying bills of all types, so it’s a great area to save money.
- Check if it’s costing you more to pay your bills, such as insurance, monthly rather than yearly. There is often a premium added in for monthly payments, so it could be worth saving up and paying your bills in one yearly hit.
- Shop around and get quotes every time your yearly insurance bill arrives, it’s a great opportunity to find a better deal, rather than just automatically paying your renewal. Do the same regularly with phone, internet, electricity etc. It’s even worth asking the provider you are already with i they can do a better deal.
- When a bill arrives, make a note of the due date in your diary or on a calendar. That way you can see at a glance what bills are coming due, and make sure they get paid by the due date, avoiding late payment fees.