Over the past years, you probably have seen your electricity bills gradually go up.
This is because everyone tends to increase its electricity use, but also because the price per kwh is rising year after year.
However, more and more supplies come on the market, and this allows you to compare which provider is most suited for you.
Take your electricity bills of the last 3 year, look at the trend to predict next years use, and check out what you pay with other providers. Also, compare pre-pay and post-pay tariffs.
Typically, your new provider will help you in the administrative steps to change. Saving a couple of 100 per year is possible this way.
Saturday, 29 September 2012
Wednesday, 26 September 2012
Setting the coins aside ...
Ever thought about how much change you collect during shopping?
Suppose you buy a drink for 3.76 euro, you'll pay with a 5 euro bill and will get 1 euro 24 cents back in change. Rather than using this money, dump it in a big bowl or store it in a drawer.
Arriving at home in the evening after work, make sure you empty your pockets and put all change you might have gotten during the day in that same bowl or drawer. Also, ask all family members to do the same.
Depending on how many small expenses you do, the amount of change will vary and make out an important part of your savings.
Once the bowl is full, or you think it is time to get rid of your pile of coins and metal, go to a bank with an automatic teller machine. You'll be surprised of the height of the amount. Make sure you add the money to your savings account.
On average, some 800 EUR per year of nickels and dimes are passing through your hands, and again, it is a saving technique that will not hit your bottom-line spendings ...
Suppose you buy a drink for 3.76 euro, you'll pay with a 5 euro bill and will get 1 euro 24 cents back in change. Rather than using this money, dump it in a big bowl or store it in a drawer.
Arriving at home in the evening after work, make sure you empty your pockets and put all change you might have gotten during the day in that same bowl or drawer. Also, ask all family members to do the same.
Depending on how many small expenses you do, the amount of change will vary and make out an important part of your savings.
Once the bowl is full, or you think it is time to get rid of your pile of coins and metal, go to a bank with an automatic teller machine. You'll be surprised of the height of the amount. Make sure you add the money to your savings account.
On average, some 800 EUR per year of nickels and dimes are passing through your hands, and again, it is a saving technique that will not hit your bottom-line spendings ...
Saved money and didn't feel it!
A great trick to put some money aside is to work with automatic savings of small amounts, on random days in the month.
Indeed, typical saving plans urge you to set aside a (large) chunk of money, which you feel immediately and motivates you often to wait another month.
Why not put a weekly automatic transfer of a limited amount of money (say 10 euro) on your bank account. This will lower only marginally your available cash , but would give you around 500 euro of extra savings in a year time.
Start with one automatic transfer today, even as low as 1 euro, and simply add other monthly automatic transfers as you go and as you can afford.
Why not decide not to take a coffee or burger today, and initiate an automatic transfer of the 2.5 euro you have saved today, and every month to come? That way, different tiny amounts of money disappear from your monthly expenses and accumulate for something large.
It becomes even more interesting when you transfer the money to a free bank account at another bank than your home-bank. That way, you simply "forget" about the money, and are less inclined to use it along the way.
And when, in a year or two from now, you suddenly decide to go and peek at your bank-account, you might spend it on an additional holiday or present ...
Indeed, typical saving plans urge you to set aside a (large) chunk of money, which you feel immediately and motivates you often to wait another month.
Why not put a weekly automatic transfer of a limited amount of money (say 10 euro) on your bank account. This will lower only marginally your available cash , but would give you around 500 euro of extra savings in a year time.
Start with one automatic transfer today, even as low as 1 euro, and simply add other monthly automatic transfers as you go and as you can afford.
Why not decide not to take a coffee or burger today, and initiate an automatic transfer of the 2.5 euro you have saved today, and every month to come? That way, different tiny amounts of money disappear from your monthly expenses and accumulate for something large.
It becomes even more interesting when you transfer the money to a free bank account at another bank than your home-bank. That way, you simply "forget" about the money, and are less inclined to use it along the way.
And when, in a year or two from now, you suddenly decide to go and peek at your bank-account, you might spend it on an additional holiday or present ...
Tuesday, 25 September 2012
Why this blog
Hi,
When browsing the web for ways to save money, you typically hit websites such as online casino's, saving clubs and ponzi schemes.
This blog focusses on initiatives that allow you to save (some) money in your daily life, without relying on gambling or illegal activities.
All ideas are welcome, whether it is about opening new bank accounts with free money, interesting temporary rebates, or exotic ideas that helps you to get more out of your monthly income.
Just leave a message on this blog, and we can make it a reference for cost effective living!
When browsing the web for ways to save money, you typically hit websites such as online casino's, saving clubs and ponzi schemes.
This blog focusses on initiatives that allow you to save (some) money in your daily life, without relying on gambling or illegal activities.
All ideas are welcome, whether it is about opening new bank accounts with free money, interesting temporary rebates, or exotic ideas that helps you to get more out of your monthly income.
Just leave a message on this blog, and we can make it a reference for cost effective living!
Subscribe to:
Posts (Atom)