Showing posts with label cashflow. Show all posts
Showing posts with label cashflow. Show all posts

27 February 2015

Counting the Pennies

When you are on a tight budget, it is important not to just look for places where you can cut costs, but also to learn to spend intelligently.

During the Winter months all of our household bills go up. The lights go on more, the heating goes on, endless cups of tea and coffee; it all adds up. Your next energy bill arrives and the price has suddenly gone through the roof.

When appliances break down or need changing, be it a faulty kettle or that washing machine you have had for ten years now; choosing their replacement should be a decision made with not just your current cashflow in mind, but also your future bills.

These days there are so many products on the market that are energy efficient which are both good for the environment, and your pocket.

For example, the Energy Saving Trust tells us that in the UK we waste 68 million a year by overfilling our kettles. Every time you boil a full kettle, that costs you 2.5p. Applying that to a standard family household, boiling a full kettle 10 times a day, that is 22.5p. That is ₤80.00 per year, just boiling your kettle.

Whilst buying a cheap ₤10.00 kettle might look good for your purse now, if you spent ₤40.00 on an an energy efficient kettle which lets you choose exactly how much water to boil, even when it is full to brim; in the long run, that more expensive kettle is going to save you money.

This principle can be applied all around your home. Energy saving lightbulbs, draught excluders to hold heat in and save energy. Appliances like the Panasonic Washing Machines which you can find here can detect the load amount and adjust the amount of water and power needed accordingly which again saves you money.


Put all of those ideas into play and you can really start to make a saving on your energy bills, which frees up money for the more important things in life. A day out with your family, a catch up night out with a friend. In the end, it is as your grandma used to tell you:



*Published in conjunction with Panasonic