The term inflation returned to the news during the Covid-19 pandemic and many Britons are wondering what it means and what impact it has on our daily lives. Especially in the winter, with the fear of the colossal increases in their energy bills in the coming months.
According to the Bank of England, UK consumer price inflation is expected to peak at 18% in 2023. The last time consumer price inflation exceeded 18% was in 1976.
But how to save energy and money this winter? There are some simple attitudes that will bring great savings to your electricity bill at the end of the month, in addition to contributing to the preservation of the environment.
Keep Up with Electricity bills
With increasing cold weather, people seek to be cosier and warmed up. The darker days usually make us use more electricity which obviously will increase the energy bills.
The idea is the replacement of these appliances, as well as the replacement of light bulbs for led.
But it is not every time we can invest in new appliances, so the best solution, in this case, is to substitute the replace these appliances, as well as the replacement of light bulbs for led.
For those who are working from home, small attitudes, such as taking advantage of natural light and turning off the computer monitor after work.
Learn How to Manage your Money
Even after a few adjustments, it’s always better to keep up with your budget to avoid extra expenses.
One of the most effective ways of improving your finances during the winter is using technology to help you save money.
A savings calculator allows you to manage your funds and expenditures in a more appropriate and effective way.
Update Your Home’s Electrical Installation
It is very important to keep your home’s electrical installation up to date. Bare wires and poorly installed outlets can consume more energy.
Pay attention to signs that may indicate the need for reforms. A safe electrical installation prevents serious accidents.
Heater Up the House Consciously
Since we were all warned about the increase of 80% in the electric bills for this winter in the UK, we tried to be more careful with the use of electric heaters. Many people are even opting for solar energy to cope with the colder days coming soon.
To keep your home warm this winter, it’s better to heat up your place consciously. Also, try to analyse whether the size and power of your appliance are adequate for the space you want to heat.
That’s because using a small heater in a large room can spend a lot of energy and, on top of that, the device will not heat the place satisfactorily.
Heaters that have a timer function should be turned on during the night so that they turn off when the room is already warm. Leaving them running can be a huge waste of electricity.
Save up on Food
In the cold, it is common to spend more time at home, in addition to cooking more food.
After all, roasts and hot preparations go very well with the weather! So, to save money, try to bake more than one dish in the oven at a time.
Also, you can cook more food at once to save gas. Keep pans closed as this helps cook faster.
Don’t Spend on Clothes
I am always hearing from family and friends who spend much more on clothes when travelling.
The great truth is that there is a difference between “needing” and “wanting” to buy a new outfit. Especially in the winter.
Research indicates that shopping compulsion directly impacts the financial organization.
With the arrival of the cold front in the country, those who don’t have proper winter clothes really need to buy.
You need to evaluate your own wardrobe to keep in mind what you need to buy.
Organising shopping with a list prevents unnecessary items from being consumed. That way, your budget for the purchase of cold clothes will not be compromised.
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