Financial Planning

Save Money Every Month!

Let’s face it – your wage packet would go a lot further every month without having to pay those pesky bills! Rent, mortgage, gas, electric, phone… All incredibly expensive, but incredibly necessary to live in the 21st century, unless you plan on living a desert island life!

Once upon a time, most companies rewarded loyalty for your custom, with long term custom opening doors for better rates, more benefits, and generally better perks than newer customers. Ask your grandparents; chances are they knew their bank manager personally, and would be in favour for better deals.

Unfortunately, many companies no longer reward loyalty or the personal touch, and instead save their best deals for new customers. Great, for the first year or two, but after that – you are no longer new, and therefore no longer eligible for their new customer deals.

What Can I Save Money On?

This used to mean you spent lots of time making several phone calls to heaps of companies, bartering for the best rates. This would usually leave you ending up in a pile of paperwork and very confused.

Luckily for us, nowadays it couldn’t be easier! Sites have popped up all over the place, desperate to save us money, whilst doing all the hard work.

Companies such as Money Supermarket, Compare the Market and Go Compare are all able to help save money on various things such as insurances – home, life, vehicle, life, pet, business and travel. They, as well as other companies, such as Uswitch and Switchd are designed to save you cash on your gas, electric, TV phone and broadband packages, and money. This means no matter what your financial outgoings are, you can save money on almost every bill you could have.

save money

Why Should I Use These Companies?

Changing utility companies every year, despite seemingly being a hassle, can be done easily. Even if you only save a few pounds per month per bill, this can add up to hundreds of pounds a year, which is hard earnt money you can spend elsewhere. When used with additional sites such as TopCashback, where you could be eligible for a lump sum back on top of your monthly saving from the company, you really can notice the difference.

These companies are essentially brokers, meaning that they are usually able to offer a better deal that you can get yourself, even if you go direct to the company in question. They also do not charge any fees to you, the consumer – meaning that you really do have nothing to lose by looking into it. Ultimately, you have the deciding factor on if, and who, you choose to go with, and can base your decision on factors like financial savings and company reputation.

Have you used a comparison website, and if so, would you recommend it? Tell us about your experience by commenting below or tweeting us and share your story. 
For more great money saving tips, why not check out the 1p challenge?

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