Did you know that the average cost of bills of an American household is $24,032 per year? With that amount of money, you could buy a new car!
The good news is that there are several ways that you can cut back on your expenses. And, many of those methods help save the planet in the process.
So, are you ready to jump in? Let’s take a look at five different ways that you can reduce your expenses on household bills.
1. Make a Budget
If you know what you have to pay, you’ll know how you’ll pay.
What do we mean? Well, when it comes to making bill payments, it’s a lot easier to come up with the money if you’re keeping a budget.
By making a budget to keep track of your payments, you can start better organizing your bill payments. This will give you a clearer picture of your monthly expenses, including checking out how much your bills vary.
On top of that, creating a budget can help you generate strategies to minimize losses on your bills. It can show you where you might be overspending on your bills and where you could cut back a bit to save some money.
2. Watch Out for Leaks
Did you know that a leaky pipe can generate the loss of thousands of liters of water per year?
That’s right! Just those small drips can add up quickly in a big way. And, they don’t just add up in terms of wasted water – they also add up in terms of what you’ll pay on your water bill!
Sometimes this type of thing is difficult to detect. One way that you can keep an eye out is to watch your water bill. If it suddenly seems to skyrocket for no reason, a leak could be to blame.
Additional Tips for Saving on Your Water Bill
Leaks aren’t the only factors that can hike up your water bill. Sometimes, making a few simple lifestyle changes can also help.
Here are three simple rules to follow when using water in the home:
- Turn off the tap while brushing your teeth: Many of us leave the tap running while we brush our teeth. But, you don’t need the water that’s running while you’re brushing! Turn off the faucet when the brush is in your mouth to help minimize water consumption.
- Shorten your time in the shower: You don’t need an hour in the shower to get clean. Instead, try turning off the shower while you lather up with soap. Then, turn it back on when you’re ready to rinse off.
- Avoid using the bathtub: A relaxing bath can be fun from time to time, but you don’t need to take a bath every day. In fact, the water you use in a bath can be twice that of a shower! Try limiting the number of baths you take to help reduce your water bill.
3. Beware of Phantom Electricity Consumption
Many people think that if they leave a device connected to an outlet while it’s turned off, it won’t consume electricity. However, this is a myth.
As long as your devices are plugged into the power, they’re using electricity. That’s true even if they’re fully charged! And, all that power adds up and can quickly hike up your electric bill.
One way to start being more environmentally friendly and cutting back on your monthly expenses is to unplug your devices when you’re not using them. That way, you can start reducing your average household bills.
But how much can you really save? After all, surely your devices aren’t using that much electricity.
Well, as it turns out, you can actually reduce your electricity bill by quite a bit! Experts say that you can as much as 10% just by watching phantom electricity usage.
4. Watch Your Phone Bills
Another item on your household bills list that could be costing you extra money is your phone bill.
There are two main ways that phone bills add up:
- Monthly data consumption
- Not taking advantage of online offers
Let’s take a closer look.
Monthly Data Consumption
Many people have data plans that vary. What that means is that they don’t pay a fixed amount of data each month but pay based on their data usage.
If you don’t have a monthly consumption limit established with your phone company, it will be difficult to know what your real monthly expense is. Consider switching to a fixed plan in order to save a bit on your phone bill.
Skipping Out on Online Offers
Another mistake people often make with their phone bill is signing up for a plan with the first company they find. However, this could cost them quite a bit of extra money.
Instead of just jumping on the first plan you see, look for a well-detailed offer from a recognized provider. Remember to choose according to your monthly phone needs and to avoid plans you won’t take full advantage of. If you do, you’ll only make your bill bigger.
5. Implement Home Temperature Control
Heating is a big part of your monthly household bills. Even if the house is well insulated, the misuse of the heating can lead to added costs on your bills.
We recommend keeping the heating between 70º and 75ºF. This will help you maintain comfort without overspending.
And, if you’ve got air conditioning, try not to leave it running all day long. Instead, turn it off when you’re out of the home or once your house reaches your ideal temperature.
Saving on Household Bills is Simple
Now that you know these simple tips for saving on household bills, you’re ready to start cutting back on your monthly expenses. You should put these tips into practice as soon as possible so that you don’t waste any more money!
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