Power over the pennies: Switch on to saving on utilities

Category B-Tox money management, how to manage money, money management tips

Although a piggy bank can help you save money, why not try the B-Tox Challenge? It involves making small changes to what you buy and how you go about buying them. “Like what, for instance?” you ask. Well, like the for instances you see below.

Our new current account and instant savings account work beautifully together within one super-smart, app, powered by Clydesdale Bank & Yorkshire Bank. With B, there’s no monthly fee to maintain the account. Compatible devices require to access all of B’s features. T&Cs apply. Subject to status & eligibility.

Cut heating bills by up to 10%

Turn your thermostat down. Sounds obvious - and a bit harsh - but the Energy Savings Trust has a heart-warming statistic for you. Apparently, just one teensy degree Celsius lower could save you around £80 a year.

Switch your energy suppliers on and off

There are more and more of them these days, so shop around and get the best introductory offers. Ofgem reckons over half of UK households could save up to £300 by showing less gas and leccy loyalty, so be a fuel flirt in 2018.

Learn to haggle

It may not seem very British, but Which? reckons you could save an average of £156 a year by negotiating better deals with broadband, insurance and mobile phone providers. (Feel free to use the word “negotiate” if it feels better than “haggle”.)

Curse of the vampire subscriptions

Old, forgotten Direct Debits might be quietly leeching away your savings. The Money Advice Service recommends you check your bank statements carefully and see if you’re still paying subscriptions for services you don’t use any more.

Cancel your gym membership

The average UK gym membership is around £384 a year. If you’re not getting your money’s worth, thisismoney.co.uk suggests you cancel and go for runs in the free, fresh air. Or at least switch to pay-as-you-go classes so you’re in control.

This blog is a bit of fun and not intended to influence your decisions in any way. The content of the blog is reliable at the time of publishing, but we can’t guarantee that it is neither error nor omission free, beyond our knowledge. The links are there for you to explore if you wish, but we don’t have any connection with the third party sites, nor responsibility for them or their content.