Both owning a house and renting can have its ups and downs. Having somewhere to live that is warm, cozy and filled with your very own belongings is of course an asset; however, monthly bills, mortgage repayments and decorating costs are a huge yet necessary expenditure.

Although running a household is expensive at the best of times, there are a number of factors to consider if you wish to minimize costs.

Combine Your Services

If you’re currently paying separate providers for the likes of internet, phone and cable services, you could in actual fact be paying a great deal more than you need to. By combining the three and choosing just the one provider, you may save up to £20 per month on these bills.

It’s also a systematic way to control what’s going in and out of your account, as bills from the same provider will go out at the same time, whilst bills from another may leave your account at various times throughout the month. This can become confusing and when you think your bank account is looking healthy, it may only be a matter of days before you’re in the red again.

Alter Contracts

If you’ve been with the same phone, internet or television package for many years now, it may be wise to look elsewhere. A number of companies will often offer promotional deals, especially to new customers and you may find that other providers boast a better deal to that of what you are already paying.

Cut Back On Extras

If you’re trying to save a little money, it’s time to ask yourself whether or not you need that TV package that boasts every channel under the sun or that monthly magazine subscription that you never quite get a chance to read. All of these little costs add up and cutting down on unnecessary extras can save a great deal per month.

Collect Coupons

Magazines, newspapers and local supermarkets will often issue coupons to readers and regular clients. Such coupons can be used in conjunction with your weekly shop, which will in turn save you a great deal in the long run, especially if you have many hungry mouths to feed.

Cut Your Insurance Premiums

Insurance is an important policy to have but it can also be extremely costly. This is where scouring the market comes into play. There are a number of providers out there and unless you look you may miss out on the best deals.

If you are struggling with household bills, you may find lending options at websites such as www.everyday-loans.co.uk. But always remember that you should be able to afford your repayments!