4 tips for lowering household expenses

Category: Housing

Woman Adjusting a Thermostat


When you’re trying to juggle your finances and save money at the same time, it can be overwhelming when you’ve got several different household bills coming in every month. Some of the following tips can help you to lower those monthly costs and cut down on those household expenses:

Bundle your services

If you aren’t taking advantage of a packaged deal, you could be paying more than you need to be. Instead of making separate payments for a landline telephone, Wi-Fi, and cable television with different service providers, explore plans that bundle these services into one package. By opting for a plan that bundles them all together, you may notice a savings—and not to mention, fewer bills to worry about keeping track of.

Pay attention to water usage

Even small changes to the amount of water you use on a daily basis can mean big savings when your water bill comes in the mail. For example, you could try just cutting your shower time down by a couple of minutes. There are also a lot of other miscellaneous ways you cut down on how much water you use, such as only doing laundry or running your dishwasher when you have full loads, rather than washing small loads much more frequently. If you have a lawn, you can cut back on the amount of water you use by using a catchment for rainwater.

Opt for eco-friendly

For many households, their highest monthly bill is their utility bill, especially during harsh winters and brutal summers. By ensuring your home is energy efficient, however, you can lower these expenses. For example, if your home is not insulated very well, consider making the investment so that your home easily maintains a pleasant temperature and without the heater or air conditioner working extra hard. If you have very old kitchen appliances, there’s a good chance they’re not very eco-friendly and they use up a lot of energy, which will mean higher utility bills. If you can replace them with energy efficient models, they won’t use as much energy and will help to lower your monthly utility bills.

Put your bills on automatic debit

If it seems like you’re frequently missing the payment deadlines for many of your household bills, you’re likely paying penalty fees when you make the late payments. Consider opting in auto pay so that your household bills will automatically debit from your bank account. By opting in an automatic payment schedule, you won’t have to worry about being late again. Not only is this convenient and easy, but because you won’t have to worry about paying late fees, it will also help save you money.


Could you use some extra cash to catch up on bills and expenses? If you’re receiving long-term payments from an annuity or structured settlement, you may have the option to receive your money sooner. By selling future payments to Peachtree Financial Solutions, we can provide you with a lump sum of cash. Contact Peachtree today to learn more and to receive your free quote!


Nothing above is meant to provide financial or tax advice. You should meet with appropriate professionals for such services.


Tags: automating finances, monthly expenses, utility bills

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