I saved about $1000 today

So the simple savings goal this month is to check on all your bills to make sure you were getting the best deal. I kinda dismissed this as i figured we were already.

Today I rang around the power companies and found that we could save $100 a year (not a lot I know) by changing. So rang my current company and asked if there were any cheaper plans as we were considering changing. They offered me a $100credit to stay on.

Ka-ching - $100 free money!

then looked at our telecom - we pay $25 a month for talk it up downunder. Worked it out, and we are no longer getting anything out of it (brilliant when we lived in Gisborne, but not so handy now I live near family) so cancelled that -

$300 - a year saved

Then looked at bank fees - we pay about $20 each in fees. Found a new acoc**t and switched to it - $5 a month unlimited.

$360 a year saved

then looked at our loan and debt. If we consolidate our debt, we pay only $81 a week for 2 years, as opposed to a ot more (can't remember exact number) and we are out of debt in two years.

$400 a year (interest)

So almost a thousand dollars! Am so impressed. Tomorrow we look at how to save money wqith the insurance - we pay monthly and am sure I can save a significant amount by going yearly.

Wow. Am impressed!!!!

Wow that is awesome! I might do the same with our power company, we have never looked around at other options before!

When i spoke to the companies I just said that - "other company" was offering me this deal and was wondering if there is another account I should be on so I can get a similiar without changing companies. Power company was great, telecom - no so much. I would imagine insurance would also be good, but i LOVE AMI and don't want to change.

lizzle wrote: but i LOVE AMI and don't want to change.

i love ami too! i don't think i'll ever change from them...we pay quarterly so i might look at changing it to yearly and see how much we could save

we switched from telecom to vodafone for our home ph and broadband which saves us abit and i love not being with them anymore

Good on you.

We only mangaged to save $50 a month by changing from Telecom for phone and internet to Orcon for a way better deal.

Gotta start somewhere

Wow, that is amazing - wanna go through mine too?

Wow!

Which power company where you with and which one where you going to change to?

Good for you!!

I had wondered about doing that too, Lizzle (contact to energy direct). I know it sounds silly, but it just sounds like so much hassle to change! We are already on a low user rate so I don't think it would make much difference.

And I have been thinking about whether we should pay AMI (I love them too) annually instead of monthly, but our review comes up next month so I'll look at it then.

Genesis told me to go onto consumer power switch (ww.w.consumer.co.nz) to compare all the power companies, and see which one is best for your money. If you have a bill handy you can enter all the details online, and it will tell you how much you will save if you join with X company.