I'm finding it increasingly difficult to balance the monthly expenses. Our income has remained stagnant for nearly two many years however, the cost of living has risen monthly for that same duration of time. The time will come once the income is less than the outgoings. Well for my household that point has arrived. I have to do something and quick. I have written a list of every outgoing we now have. It is an exhaustive list and has brought upward some surprising results. I have taken my large list and categorized it into sub sections. These sub sections are as alarming since the main. We have a huge outgoing that seems to be spiraling unmanageable.The main sub category that concerns me the the majority of after food is insurance. We need food to endure, considering this was cut back a few months ago I believe it is best left alone for now. The other area is actually insurance. Insurance is not cheap. During the last couple of years, it has nearly doubled. I do not know in the event that like me, you pay all our bills via immediate debit. It ensures we do not miss any payments and enables us to forget about the bills from month to month.
Paying by direct debit causes you to forget the price. It is paid by the bank month in as well as month out. Because we have automatic renewal on just about all our policies, I do not consider we get the best value for money with regards to insurance. We see on television adverts what great deals the brand new customer can get and how cheap the insurance could be. Well I, as an existing customer am very irritated. We are meant to receive no claims discounts, customer loyalty discounts as well as multiple policy discounts. Yes right! Our insurance has doubled so we obviously don't get them. I advise every homeowner in the UK to cancel almost all their automatic renewals.
You may have to do a little work one per year but I honestly think we can reduce our insurance bill by 50 percent. I intend to take advantage of the cheap insurance deals agreed to new customers by becoming just that, "A new customer". I'll get the deals that were not available to me like a "valued existing" customer.
Cheap insurance is available to just about all households. You need to shop around and get the very best deal on offer. You may find some insurance company's may provide a cash incentive to move over to them, or a collection discount if you swop. I found the internet an invaluable resource. There is so much information and forums available that it's mind blowing.
In particular, I found the forums to be where as they have real people with real experiences which cheap car insurance companies are good and which aren't. Just a few minutes and you can save a lot of money. Take the time and look at cheap insurance, you won't be disappointed.