With an uncertain economic future ahead, many of us are being left to wonder the effect the current pandemic will have on their financial standings. One of the best ways of generating additional income is by simply reducing living costs. Around half a million households can avoid an average £103 price hike in energy bills if they switch to a cheaper plan, meaning if you're a landlord with several properties you could be saving £1000s.
‘UK: energy bills to increase by £50 million as fixed tariffs come to an end’
The average household overpays £350 per year on their bills. With oil prices at an all time low, now is the best time to change your gas and electricity tariff. Martin Lewis (money saving expert) says:
‘They're at their cheapest for about 3 years. Grab a cheap FIXED deal now, and you lock in today's super-cheap rate, so it can't rise..'
Alongside running The Sourcing Circle, I am also a self-employed utilities broker, meaning I help to save people money on their essential services. If you feel you could be paying too much on your bills, I offer free quotes to see if I can save you money - it takes 2 minutes at no cost.
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