Friday, June 26, 2015, AM | Leave Comment
Bills can be a drain on your budget. While it may not be possible to eliminate bills entirely, there are many ways to reduce them. You can lower your energy and other home bills by taking a few strategic steps.
The following are six simple yet powerful ways to lower your monthly bills.
Use Less Energy When Doing Laundry
Laundry machines are very convenient, but they also use up quite a bit of energy.
If you do cold washes rather than warm or hot you can cut back significantly on the amount of energy you use.
This will also save you the trouble of having to separate white and light colored items in the wash.
If you want to save even more, reduce the amount of energy you use for drying.
Air drying is the cheapest way to dry your laundry, but this does take some time and effort.
The next best solution is to get a gas-vented or condenser dryer. These use up much less energy than conventional tumbler dryers.
Save Money on Entertainment and Communication Services
If you are paying separately for cable, internet and phone service, you can save money by bundling these.
Many companies offer packages that combine all three of these services. You can take this a step further and eliminate some of these services altogether.
Many households, for example, find that they no longer require a land line at all. Between smartphones and services such as Skype, you may not need a dedicated phone line.
You might also consider giving up cable or satellite TV and relying on streaming services instead.
Reduce Your Insurance Bills
Insurance bills can often be slashed significantly if you periodically look over your policies and re-evaluate them.
It never hurts to shop around and find out if another carrier might offer you the same amount of protection for less money.
This goes for home, auto, renter’s, life or any other type of insurance you have. Make sure you take advantage of all discounts for which you might be eligible.
For example, you may be qualified for a good driver discount on auto insurance or a reduced rate if you only commute a short distance to work.
Improve Insulation With Window Treatments
You may be losing a great deal of heat through your windows without even realizing it. Choosing energy efficient window coverings or treatments helps retain heat in cold weather and cool air during summer.
You may also find that choosing new blinds or other window covering allows you to redecorate your home in an attractive way while helping lower your bills. Las Vegas window treatments like plantation shutters can help you save money on energy bills.
Use a Programmable Thermostat
A digital programmable thermostat allows you to set a comfortable temperature for your home when you return so you don’t waste heat or air conditioning all day while you’re sleeping or out.
These smart devices can store multiple settings so you can be sure of having the appropriate temperature at any time of day.
You can, for example, have separate settings for weekdays and weekends. You can find a good programmable thermostat for under $100.
Consider Refinancing Your Mortgage
Refinancing isn’t right for everyone, but in some cases it’s an effective way to lower your mortgage payments.
This option might make sense if you plan to keep your current home for a long time. There are websites and services that allow you to compare different rates offered by lenders.
Before making this decision, you will have to go over your current terms carefully and, if necessary, consult with a financial expert you trust.
The above are a few examples of how you can save money on bills. Remember that even small amounts add up, so don’t overlook ways to save a few dollars here and there.
If you pay close attention to how much different services are costing you, it becomes easier to find ways to reduce these bills.Facebook.com/doable.finance