Ways to Save Money after Moving into a New Home

Author: 
Ray Victor
Last Updated:
December 11, 2022

The costs of living are skyrocketing with inflation and there seems to be no prospect of it getting better anytime soon. In this scenario, finding ways to save a little money is on everyone’s mind. But faced with an inevitable move will you be able to save money after moving into a new home? The answer is yes.

In this guide, we will help you save money after moving into your new home and tell you exactly how to do it. We understand that you may be short of money after moving and would love some tips to help you cut down some costs. While moving home may be a costly affair, it is also the perfect opportunity to have a look at your monthly expenses.

Save money after moving

Save on utility bills

After moving to the new location you now have a plethora of choices of utility providers to choose from. Look for cheaper utility providers by asking around for quotes. You can do the same for a pet, health, car insurance, and broadband providers.

Energy bills are always the heftiest. To save on these bills try the following:

  • Replace all your traditional lights with LED types. LED bulbs are more energy efficient and save 85% more energy as compared to conventional kinds.
  • Go for efficient electronics. Try buying A+++rated electric appliances and watch how you start saving money on energy bills.
  • Plug off your electronics and appliances when you don’t use them.
  • Turn down the radiators and room thermostats. In the winter, switch them to heat rooms only.
  • Insulate your home to keep the heating and cooling from escaping.
  • Lower your water consumption

Save money on council tax

An inside tip is that most councils will allow you to pay the tax over 12 months instead of 10. This can certainly help you budget easily. Call your local council and discuss if this option is available for you. Special conditions like being a student or having a low income can also allow you to get a council tax reduction.

Save money on grocery

Brits tend to spend the most money when grocery shopping. You can cut down on this massive expense by trying the following:

Go grocery shopping on a full stomach

Kids ensure that you spend extra on snacks and treats. They are also a big distraction, so leave them home.

  • Take your bags to the shop
  • Stick to the list and the essentials
  • If you are more of an impulsive buyer, shop online instead
  • Go for local brands instead of premium or value brands
  • Shop at stores like Lidl and Aldi, B &M, or Home Bargains
  • Check out the section with offers
  • Save money while you cook

If you stick to meal plans, you will know not only to stick to the ingredients but also to the weekly meals you will make. Also, try doing the following:

  • Try using leftovers the next day.
  • A slow cooker and an air-fryer are good investments that also save you money.
  • Batch cooking also helps in reducing energy and food costs
  • Grow some of your herbs and vegetables in your home.

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