If you’ve been wondering why there has been more month left at the end of your money these last few months, it’s probably because you’ve forgotten to budget for a few household expenses that tend to increase over the Winter period.
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While certain household expenses remain constant, others vary from month to month and from season to season. It is therefore important for homeowners to leave room in their monthly budget to allow for these kinds of fluctuations and, where necessary, cut back on other expenses to afford the unavoidable increases.
Lighting There are certain expenses that naturally increase during the colder months, electricity being the most obvious of these expenses. With the evenings getting darker earlier and the mornings getting lighter later, we tend to make use of artificial lighting more often. We also make use of more hot water, switch on heaters and electric blankets, stay home and use our electronic devices more often and use the oven and stove to make hot meals more often during winter – all of which leads to a higher electric bill at the end of the month.
Groceries Things that decrease How to stay on top of your spending Tenants who are struggling to make ends meet find a cheaper rental to avoid running up debt and marking their credit record. “If your hope is to one day enter the property market, your best bet is to find the most affordable accommodation option so that you can not only avoid debt but also have enough left over to save for a deposit and the various other expenses involved in purchasing a property. | |