As the winter weather begins to ease and the sunshine starts creeping in, many local families will be going about their regular spring cleaning routine and freshening the house up for summer.
But this time of year is also a great time to clear some of cobwebs surrounding household finances, cleaning up some of those unhealthy spending habits.
Taking some time to assess your current situation and look for realistic solutions can help your household live and breathe the “less spent, more saved” mantra.
Here’s a few thought-starters:
Create (and stick to) a budget
Develop a simple spreadsheet to identify your non-negotiable items (mortgage, rent, power, phone etc.) and the areas for compromise (restaurant dinners, pay TV, magazine subscription etc.) to clearly identify your money priorities. Set your money goals, finalise your budget and keep it somewhere prominent in your home – refer to it regularly and stay disciplined.
Settle any debts
Got a decent balance remaining on that loan or credit card? Delaying bills or making minimum repayments will only drive your further out of pocket in the longer term. Prioritise your repayments over other “nice to have” items in your budget – some short term pain that’ll contribute to future long-term gain.
Pave the way to save
Once you’re back on an even keel, start to think about setting up a savings plan to support a special purchase like a new car or holiday – or purely for a rainy day. It’s OK to start small, just as long as you keep your plan realistic and avoid the temptation of “dipping in” to your savings account.
If you’re paying individual bills for your mobile phone, home phone and internet – chances are you can roll all three into one account and save a few dollars. The same applies for your home and car insurance. Bundling options are often available and offer better rates, so keep an eye out for opportunities to streamline your products and services.
Seek help or advice as needed
If you’re struggling to get on top of your finances or just looking for a steer in the right financial direction, there’s never any shame in asking for help. Turning to the professionals is a great way to gain independent advice on your current situation – inspiring action or setting your mind at ease about the path forward. A modest investment for their advice now can pay off for your spending habits in the long run.
Monthly Smart Saver: a budget’s best friend
Our Monthly Smart Saver plan is our best value option for natural gas, featuring 25% off usage charges* with simple monthly direct debit instalments and paperless bills.
It’s the easy way to save on household energy and features:
Monthly instalments instead of big quarterly bills
Easy direct debit payments and paperless billing
Instalments adjusted based on gas used
Genuine ongoing savings – rain, hail or shine
If you’re an existing customer and yet to choose our Monthly Smart Saver plan for an ongoing 25% off your gas usage charges, make the change today with a quick call to our Customer Service Team on 13 21 80.
Still haven’t made the switch to Kleenheat? Choose better value energy from WA’s local provider today.
*25% off the usage component of the standard tariff when selection the Monthly Smart Saver plan. Full terms and conditions available at kleenheat.com.au.