Easter Monday is the perfect time to have a look at your finances, no matter how big or small your household is, to make sure you are heading into the last fortnight of the month having made as many savings as possible.
Traditionally, most financial services are closed on a bank holiday which means you can take some time out to review your outgoings, direct debits and upcoming bill payments to streamline your spending ahead of summer.
New research shows that some 83 per cent of households across the UK said their current cost of living has already increased since last month.
Tips to spring clean your finances
To help everyone try and save just a little bit more cash, experts at GoodMove have put together some ways you may be able to reduce your household bills.
Nima Ghasri, Director at GoodMove, explains: “We all know how quickly household bills can add up, and with costs increasing, it can be difficult for people to get a hand on their finances. Luckily, there are multiple ways in which you can reduce your household bills.”
Saving on your energy bills
The big one, that has probably been at the top of everyone’s Google search since Ofgem announced the 54 per cent price cap hike in February.
However, without stating the obvious, GoodMove says a simple way to save is to always switch off appliances at the plug and use energy-saving lightbulbs.
They said turning all your electrical appliances off rather than leaving them on standby can save you around £35 a year.
Another tip is to wash your clothes at a lower setting as this reduces the temperature, which in turn reduces your energy consumption.
GoodMove said: “We’d also recommend reducing the number of washing machine cycles you do, so always wait until you have a full load before…