Week 2 of the Challenge : Thrifty's Utility Savings

Week : Saturday 5th April 2008;
Utilities

Groan & moan as we do, you simply cannot avoid the dreaded ever increasing utility bills. As with an awful lot of other things these days, there seem to be more comparison sites than utility suppliers and it is difficult to know which one to choose.

Due to the fact these companies have millions of customers you will experience frustrating customer service WHOEVER you choose! You will also experience billing issues, mistakes and special offers, this is part of their immense systems built to deal with a huge customer base.

So simply look for the best deal which applies to you, ie it is no good simply going for a well known name if they charge the highest prices. If you want to speak to someone in 15 seconds ( in the UK ) then Utility Warehouse ( who have a relatively small customer base in comparison ) are very good. If you need a great deal on Gas, don't forget to include the cost of regular servicing. Check out Martin Lewis's Site for the best deals this week & make the switch this week from the UK's leading expert in money saving tips : martin's money saving tips website

The average saving is around £150 - £200 per year, although this is notoriously difficult to monitor with fluctuating prices, so I suggest you simply use the monthly saving as around £ 3 per week for your Freedom Payment purposes.

Remember, it is the process involved that it is important in this Pay off Challenge, some savings will be small, some huge & some in between, but they all add up to become very powerful in the longer term. ( You do not have to make this a way of life forever, the idea is to do this now, and receive the pay back forever. )

On the subject of utilities, I was drawn to the Utility Warehouse, not only as a way of combining all my utilities on one bill, mobile phone, home phone, gas, electric & broadband, but also because there is a residual income business opportunity attached to it. ( There are a lot of Piggy Symbol loving Distributors out there!)

Now this sort of thing causes diverse reactions, but it is worth a look if you are serious about passive income routes. I still receive a monthly income from this business and I haven't been active for over 2 years. Much in the same way that many of you will either agree or disagree with my choice of football team ( I'm have been a Manchester United fan for over 34 years ) you will either see a way of making a residual income or not, it does not matter which you see, there is no right or wrong answer. I have placed a link at the bottom of this page on the blogsite for those who wish to check it out and all I will say is that I still love having all my utility bills in one monthly bill so I am still a customer today.