Unexpected Areas Where You Can Save Money On Your Property Bills

Could you save money on your property bills?

Being a homeowner means that you have a lot of expenses each month. Not only do you have your household bills, but you could also be saving for renovation projects and jobs you wish to take on.

But with the same outlay each month, and perhaps the same income, how can you save money on your property bills that can then fund other areas? The proof is in your bills and with a bit of savvy thinking, you can potentially save a lot each month.

Some of these things are even options you can revisit every few months to ensure that you are saving the most you can be. I have outlined some of the ways you can do it but feel free to share some of the other ways you save money on your property bills in the comments below.

 

Keep that water bill down

Your water bill can be a big outlay each month. Often, you don’t have control over what you spend initially because you may have to pay water rates rather than be on a water meter.

However, there are still some things you can do that can benefit both aspects of a water bill, or could help you use less if you are on a meter. You could potentially use your own water supply from your own land. This is a valid option, and companies like Nicholls Boreholes could help you out. They look into the drilling aspect to get the plumbing in motion to have your own water source, which means you save.

Other things you could consider is collecting rainwater in your garden which can be used for watering plants and your lawn during the warmer months. A hosepipe or water sprinkler system can use a lot of water, which on a meter can be costly.

 

Reduce energy costs

Your energy bill can be a big outlay, and thankfully you have more control over it than you think. First of all, consider changing some of the habits in your home, for example, switching lights off and not putting things on standby can really help reduce your energy outlay.

You could also switch to more energy efficient appliances or change bulbs in your home for lighting. Another more drastic approach could be to switch to solar energy which means having panels placed on your roof.

 

Shop around for the best deal

One thing a lot of people miss out on is a saving that could made by simply changing the provider.

Most companies save their best rates for new customers, and doing this alone could shave off a heck of a lot of pounds from your monthly outgoings each month. Websites like uSwitch could help you see the potential savings you could be making.

 

Are you entitled to discounts?

Finally, are you missing out on savings that you are entitled to? Living alone or as a single occupant means that you can get discounts on things like council tax and TV licenses, amongst other bills like your energy and water rates. Ask the question and see what you could be entitled to.

 

I hope that some of these options help you save money on your property bills. Every little amount can add up to a big one!

Where you can save money on your wedding

Everyone knows weddings are expensive, so you want to save money on your wedding where you can.

It’s not just the shocking venue and food costs but all the little extras: favours, jewellery for the bride and bridesmaids, gifts for family.

So how can you save money on your wedding, cut the cost and still have an incredible day?

No favours

white and yellow themed wedding table decorations

My mum said that when she got married, favours weren’t a ‘thing’. Your guests didn’t receive any little gifts or presents.

I budgeted in £400 for these ‘little’ gifts. But the more I thought about it, the more I thought, what’s the point? I’ve spent thousands so everyone can have a wonderful three course meal, free drinks and a large evening buffet. I’ve paid for everyone’s entertainment like the flautist and the evening DJ.

Why do I have to fork out £400 to say Thank You for Coming when I’ve paid for their whole day?!

Even small favours, like chocolates, can cost around £1.20 upwards. For 80 guests, that’s £96. Just for two chocolates in a little box.

You might be calling me stingy, but every little bit you can save really helps over the whole day.

Will people sit down and exclaim angrily “Where’s my favour?” Probably not.

Money Saved: £100 minimum

Minimal entertainment

photo booth image

When I sat down with my schedule for the day, I worked out that there is around 30 minutes where guests might be milling around doing nothing.

I’m not forking out £300 for a photo booth just to keep guests entertained for under an hour.

Any moments that may have been empty or boring I’ve filled with things, such as cutting the cake, tossing the bouquet outside, etc. Save money on your wedding by doing these free activities. They add interesting moments to the day and it’’s a chance to get all the guests together for a special moment.

I’ve still got a DJ for the evening, as obviously you do need some form of music/dancing. But I didn’t feel the need to have a DJ AND a caricaturist, or a band, or a magician, etc.

If you’re trying to save more money, rather than having a DJ, you could create a CD full of dance and chart music that plays all night over the venue’s speaker system.

You’ve just got married. You are the entertainment.

Money Saved: £300-400 for additional entertainment

DIY what you can

If you have the time, spend a little time DIYing some bits and pieces. I made my wedding invitations for a total of £88.

Most companies charge around £3 per invite. For 90 invites, that’s a total of £270. My invites cost £0.97 for printing, ribbon and a stick-on bows, and totalled £87.30.

save money on your wedding by making your own invitations

Another way of DIYing your wedding is to save any empty jars. Finished a jar of coffee, or jar of pesto? Save these and buy some lace to wrap around them.

Jars filled with candles cost about £100 from a wedding venue dresser. Do it yourself for nearly nothing, and just buy the lace and candles

I managed to find 20 jars already wrapped in lace at a car boot sale for £3.

Money Saved: £270

Use cashback sites

I hark on about cashback sites to my family, but I don’t understand why people wouldn’t use them.

If I’m ever online shopping, I’ll search TopCashback to see if the shop or supplier is offering cashback. I earned £0.60 back on my wedding shoes, £2.40 on confetti and a huge £50 on our wedding rings. Save money on your wedding day by at least receiving some money back for what you’re buying.

wedding rings on pillow

Cashback is obviously more beneficial for big purchases. Some things like suits are too risky to buy online. But your wedding shoes, jewellery or even wedding decor from Not on the Highstreet could see you gaining back some of what you spent.

Money saved: £100

There are loads more ways you can save, but these have been the easiest for me without taking away from the day. It means we don’t have to feel guilty about overspending on the bridesmaids dresses, or going slightly over budget on the videographer.

These ways to save money on your wedding can all help. They’re all small amounts, but with these four things combined, you’ve saved £870!

Do you have any other tips that you would add to the list?

Saving (and living off) a pension

People of my age tend to forget about their pension, or they think it’s not important.

We’re young, and I’m not going to retire anytime soon. I’ve got fifty years to save money for my pension. These are just some of the things that stop youngsters from saving.

But I did some major calculations using The Money Advice Service, and my results have really made me think about the importance of saving for a comfortable future.

First, the website asks for your yearly salary before tax. You can then select the wage you’d like to live on when you’re retired. It automatically calculated that I should aim to live on £11,000 per year. Sounds doable.

My work has a pension scheme, and I don’t know many workplaces anymore that don’t offer one.

It asked me how much I currently have in my pension savings. It currently stands at about £200 – I’m only 22!

I then told the system I’d like to retire at the age of 73 – a bit specific, but then 75 sounded too old.

So based on my current salary, the amount I should be saving, and a retirement age of 73, I could be left with £274 per month. If I keep saving the amount I currently am, I would be living on less than £11,000 per year.

Using the handy slider tool, I could choose to take out less than 25% as a lump sum, therefore gaining more spends per month.

But could I really live on £234 per month?!

Let’s pretend that I’m still living with Jay, and we’re mortgage free, because we will have downsized by then. We only have bills to pay at £200, and then £100 on food. The car insurance needs to come out, as does petrol costs. This might be £100. That’s already £400 which, split between the two of us, is……..£200 each. So I have £34 left which definitely won’t cover house and building insurance, life insurance, or council tax.

The above is only the essentials. It doesn’t include meals out, new clothes, birthday presents for others. You can forget about saving for Christmas. It’ll be scratch cards for everyone.

Obviously, this is based on my work pension scheme only. I’ll be adding to it myself at some point, once we’re settled in the house and know our finance position much better.

Say I had £60,000 in my pension pot. That’s a huge amount of money that will only last me about 5.5 years.

How have you saved for your pension?

 

*This is not a sponsored postI just wanted to discuss pensions and The Money Advice Service happened to have a good calculator.