New Which? Money magazine helps you saveDiscover how to save money on household bills

13 February 2009


There are a number of ways to keep your monthly repayments down

Consumers can regain control of their finances and save money using a new Which? Money guide on sale at Sainsbury's.

With four out of five people worried about the impact of the credit crunch on their finances, Which? Money: How to Save on Household Bills offers some simple tips to help consumers take control of their outgoings.

40% of consumers surveyed by Which? said they were worried about the security of their savings, while a third said they were concerned about job security, the value of their pension or falling house prices.

While people might be unable to prevent interest rates from falling and house prices from plunging, they can get their personal finances in order with the Spring issue of Which? Money Magazine ‘How to save on household bills’, on sale now priced £2.99.

Take control of your finances

Which? experts recommend the following three-step plan:

1) Take control - protect your money by getting your finances in order
2) Manage your money - make it work harder with the best financial products. You can find  , cash ISAs and savings accounts online at
3) Make everyday savings - small, simple changes in your daily spending can add up to significant savings

Money saving tips

The magazine outlines 20 fuss-free ways to make the first steps towards cutting costs, including these simple money-saving tips:

  • Drink tap water – at 0.22p a litre, tap water is 141 times cheaper than Evian, which costs 31p a litre. Find out more about the advantages of drinking tap water in our Switching from bottled to tap water guide.
  • Switch gas and electricity provider or tariff through Switch with Which? to save on average £257 on annual energy bills.
  • Save around £225 a year by ditching that morning espresso from a high-street chain and buying a £100 Delonghi Which? Best Buy coffee maker instead.
  • Consider house swapping to make holidays cheaper –saving £1,000 for a week’s trip to New York.
  • Try a carpool at – sharing the daily commute between York and Leeds could save around £117 a month.
  • Install cavity wall and loft insulation which could cut energy bills by around £270 a year.

Save money on household bills

Martyn Hocking, Editor, Which? Money, says: 'If you're feeling overwhelmed by all the financial doom and gloom, then take a step back and look for simple ways to get your finances in order.

'When times are tough there’s even more reason to make sure you get the most out of your money. Whether you're getting a better deal on your mortgage, cutting the cost of your credit cards or looking at all those little things you spend money on without even thinking about it, taking control of your finances may make you feel more confident during these turbulent times.'

For more money saving advice, check out our money saving tips section.

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