Reduce the cost of your bills

Beyond knocking the postie off his bike we look at some of the top ways to find savings and reduce the cost of your regular bills.

You hear the roar of the postie bike leaving your front gate; you stand up excited at the prospect of checking the mail and seeing what goodies lie within. Upon inspection, you realise it is nothing but bills. Bills from every which angle that reliably eat away at your hard earned money every single month.

Some will say ‘hey, that’s the cost of living’ – though to me, bills are nuisance and forever seem to be growing in their dollar value and the sheer volume of them. So what can you do to lower these dreaded pieces of paper?

Beyond knocking the postie off his bike before delivering them, here are some of the top ways to find some savings and reduce the cost of your regular bills.

Water bills

As you are already aware, the less water you use the less your bill will be. So instead of simply just showering for shorter periods and looking for basic ways to reduce your water usage manually – why not invest some time in ensuring your household becomes more water friendly?

You can pay around $150 for a plumber to come to your house, install water saving shower heads and tap nozzles throughout your home in less than 1 hour. These little devices simply restrict the flow of water to your taps and ensure that you still get good pressure, while not losing hundreds of litres per second. In some states there are also subsidies for doing so, so be sure to check with your states water website for deals and specials.

Another great idea is to consider investing in newer water efficient appliances. Things like dishwashers and washing machines have come a long way in recent years, so if you are like me and running an early 90’s washing machine – perhaps the upfront investment of a new machine would repay itself within the year with the water savings?

Electricity bills

The key to saving money on electricity bills is better household planning. Look to ensure that all of your household lighting is using energy efficient light bulbs, you know the god ugly ones that take 5 minutes to warm up? Well those little bulbs can cut your lighting costs by over 50% over the course of a year.

Another idea is to resist the use of lighting. How often do we put a light on when in the bathroom when really it isn’t that dark? Look to change your habits and make it a game for the family – who can avoid touching a light switch the longest?

Also, when it comes to electricity, our heating and cooling of a house can quickly sky rocket the bill. Look to use fans and natural breezes in the summer, while insulating and wearing warmer clothes in winter to avoid the over usage of heating/cooling systems.

Home phone, mobile and internet bills

Let me get straight to the point. With the amount of mobile phones we now have in our life, is a home phone really necessary? Perhaps look to scrap the landline in favour of using your mobile instead.

When it comes to mobiles, the trick is to avoid the upsell we all get from the sales person in the telco shop. Do you really need all that data? All that free time and chat that is included? My wife went from a mobile plan that cost her $80 per month for a new iPhone down to a $30 plan and she is still yet to exceed the limit. It just shows how often people sign up to high paying contracts that are rather unnecessary.

Now the cost of an internet connection is a tricky one. If you pay too little, you often get unreliability. If you pay too much, you end up with super faster internet and a download limit you never reach. The trick is to find an in between plan and look to get it as cheaper as possible. Avoid bundling to ‘save money’ on things like the home phone and focus on finding an internet connection that has a low cost per month with a lightning fast download speed.

Gas bills

Gas is often used on stoves/cook tops and for heating hot water. Did you know that most Australian’s still have a water heating tank? These tanks are on 24/7 and the gas is always keeping the water warm. Instead look for a gas hot water system that heats the water ‘on the go’ – e.g. it lights up and warms the water only as you need it. A small investment to stop you using gas 24/7.

How do you save money on your bills?

Ever had a huge utility bill? Tell us how you cut the cost back on it below.

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