Cutting the Cost of Household Bills?
schlumpf_louise asks: "I'm in the UK, and I'm about to move out of university accommodation and live in a house, for the first time. When we move, we will have to pay for water, electricity and gas. We'll still be students renting from a landlord, so we can't make any major physical changes to the property. The house has gas central heating and a gas cooker. Four computers will be running pretty much all the time, in addition to the usual general household appliances. What tips do any of you have for (legally) saving on bills? Are there any technologies that are worth buying for long term savings? What should we not do, or not use?" What other saving tips, and frugal suggestions might you have for a house full of college students?
Leaking appliances is certainly something to consider. Unfortunately you're stuck with countless bad decisions by your landlord, including inefficient appliances, lousy insulation, poor choices in heating/cooling systems, etc. For those that aren't subjected to a landlord's provisions and can call their own shots, I'd suggest a few options we've learned:
Here's what we did:
* Cancel movie rental subscription (Netflix)
* Get movies and some books from the library
* Cancel old unused website costing a monthly fee
* Scour credit card statements, found another forgotton hosting account, cancelled it
* Called auto insurance company and raised deductible for collision to $1000
* Bought a stovetop espresso maker so we don't need to buy good coffee by the cup now
* Continued living with our old outdated computer monitor
* No cable, no gaming accounts
* No alchohol, no drugs, no lottery tickets
* Pay things on time and avoid late fees
* Remember if taxes take 50%, you have to earn $2 for each $1 you spend.
* Stop buying stuff.
* Get cheaper broadband plan
* Cancel unused text messaging on wife's cell phone ($5/mo)
* Cancel unused roaming plan ($5/mo)
* Cancel unused Canada roaming addon ($3/mo)
* Cancel unused "nights start at 7PM" addon on cell plan ($5/mo)
* Ask nicely and get $10/mo unlimited cell data plan, including modem use (Sprint, Treo 650) instead of faster Cingular $40/mo+ plan
* Refrain from getting car. Get exercise instead.
Lots of little amounts, and some big ones. They add up.
I'm a loner Dottie, a Rebel.