I Want To Save Money Every Month

Don’t we all, right? If you’re reading this, you’re likely one of millions of UK residents who would happily agree with the title statement, ‘I want to save money every month’. Saving money on expenses such as utilities, like gas and electricity, will allow us to have more disposable income for the things we care about, like doing nice things with our friends and family.

On this page we will look at five really easy ways that you can save money every month.

Upgrade your boiler

Taking the time to upgrade your boiler can save you many thousands of pounds. If the average mortgage of a house is 25 years, a new boiler at the start of that time period could equate to around £15,000 in savings! £50 a month is the average saving that a new and modern boiler can save when compared to an old ‘G-rated boiler’. The only downside is the cost of purchase and installation, which may be around £3,000 and could take five years to break even.

Insulation

We are big fans of some of the insulation types on the market right now, especially Icynene spray foam. Insulation keep your walls, ceilings and roof from allowing cold air to get inside and warm air to escape, meaning that there is less of a reliance on your central heating system to keep the house warm. Insulation is also a perfect way to stop drafts, which can account for more than 10% of the warm air lost in a home. If you’re saying ‘I want to save money every month’, you should be getting on a search engine and finding the best insulation for you, or go here.

Switch supplier

Switching supplier is the quickest way to directly save money every month, as you can tackle your monthly bills and free up some disposable income. You could save as much as £30 a month by switching, but the longer you wait, the less likely the great deals are going to be on offer. Energy suppliers are getting more and more competitive with each other, but as a consequence the gap between the most expensive supplier and the cheapest is reducing. Use our switching tool today to find the best method for ‘I want to save money every month’.

Get off the standard tariff

Perhaps you’re happy with the service provided by your energy supplier and you don’t want to switch. That’s fine, although it must be known that the supply of energy doesn’t really differ between suppliers, only the customer service. What we recommend is looking at your current tariff, and if you’re on a standard tariff, which is usually the most expensive option, you should get in touch with your supplier and ask what offers are available to you.

Shower not bath

I want to save money every month, I want to reduce my energy consumption, I want to make small investments for the future… Do these sound like you? If so, switching baths for showers is a great way to start. The average shower uses 10-20 litres of water, but to fill a bath takes 75 litres of water on average. Taking a shower uses far less water and electricity (used to heat the water), but if you really want to be extreme, a quick cold shower is the best environmental option, and will help you save money every month.

Now that we’ve answered ‘I want to save money every month’, it’s your turn to try out our cool new switching tool…