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Ep - 71 Cut Living Costs Now
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April is the cruellest month when many of our household bills increase. The battle to tame inflation has not yet been won so we have to cut our household bills wherever possible.
Even energy bills that are set to be reduced by 12% on April 1 are still more than twice what they were before Ukraine was invaded.
So there is no better time to check all our household bills to find out where savings can be made.
Water bills are set to rise by an average of 6% in April, but the good news is that millions of households can cut their bills immediately. If you do not have a water meter they cost nothing and if you have more bedrooms than people living in the property you should save money. Those who shower at the gym or travel a lot may also benefit. If your bills do not come down after a meter is installed you can ask your water company to switch you back.
Energy bills may be falling but we still need to be alert and to make sure we are not wasting gas or electricity, and we must send a reading to our energy companies early on April 1 to make sure we are not charged winter prices for Spring usage under the new Ofcom price cap.
Also check how much you are in credit on your direct debits. Energy companies have £7 billion of our money accrued because we have paid for more energy than we have used, and as days get longer and warmer and the new price cap comes into operation it is a good time to get back any overpayment.
As council tax bills increase in April householders should check if they can save money.
Broadband and mobile costs are set to increase by up to 8.8% but only if you are in contract. Everyone else should call their supplier and negotiate a reduction.
There is also lots of money to be saved on insurance, credit cards, food and petrol.
Take one bill at a time and keep a record of the savings. If you do not ask you do not get.
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