As a homeowner you're responsible for a number of household bills. Aside from your rent or mortgage, you'll need to think about utility bills, council tax, broadband, mobile phone and insurance costs.
According to research by ONS Family Spending report (released March 2021), the average household spends £588 a week on household bills and living expenses. Check out the average breakdown below.
Running a household can be expensive, but there could be a few things that you could do to minimise costs and save some money. We're got a range of guides and quick tips to help you get your bills under control.
Looking for ways save money on your gas and electricity? Our top energy saving tips guide could help save you money, and reduce your carbon footprint at the same time.
We know that our customers spend a lot of money on mobile phone bills and broadband. That's why we would like to help you understand ways in which you could be more savvy with your mobile tariff and maybe help you save some money.
Although you can’t switch water supplier, there are lots of tricks you could use to save money on bills.
Check for leaks and dripping taps
Use a full dishwasher or washing machine before turning it on
Turn off the tap while you brush your teeth
Have a shower rather than a bath
Shorten your shower time
Did you know that you’re entitled to 25% off your council tax bill if you're living on your own.
Check with your council if you're eligible for a discount on your Council Tax. You can find out more about discounts on the government website.
First things first, it's important to know how much you've got coming in each month and understand any deductions from your wage packet before it lands in your current account.
See how we can help you make sense of your salary.
If you find you've been spending way too much on certain things, you can set yourself budgets in different categories such as Bills.
App available to customers aged 16+ with compatible iOS and Android devices and an international mobile number in specific countries.
Setting and sticking to a budget is a great way to save money day to day.
With a clearer idea of your monthly budget, you’ll be able to make better decisions about how you manage your money and plan for your future.
If you're moving home soon and not looking forward to the hassle of contacting all your utility providers to let them know, then TransferMyBills might be able to help.
TransferMyBills is a free service to help make the process of moving just that little bit easier. Simply provide a few details about your move and they can automatically identify most of the providers that need informing and they’ll contact them to change your address for you.
TransferMyBills is a free service to change your address with your utility providers when moving home. Shostra Bank receives a percentage commission for successful use of the service. When clicking ‘Go to Transfer My Bills’ you’ll be taken to their website, any subsequent dealings are between you and TransferMyBills and that neither Shostra Bank nor any member of the Shostra Bank Group will be party to or responsible for those dealings.
