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Blog     10 Jan 2016

A Smart Way to pay Utility Bills

  • The average household spends £3,329 a year on utility bills including gas, electricity, phone, TV and council tax.
  • One in four admit they don't read their bill statements properly.
  • The gap between perceived and actual spend on bills has grown in the past year


British homeowners were asked to estimate the amount spent on their utility bills. On average, homeowners underestimated £770 a year, a new survey suggests.

The average household spends as much as £3,329 on essential bills every year, but when asked to estimate how much they spend, the average household said their spend was just £2,559 - £770 less than the actual average spend.

A lack of engagement could be one reason behind the large gap between estimated and actual bills, the research from Santander suggested. 

 

It’s difficult to escape such fundamental costs in living expenses and based on the study, homeowners need to become aware of the misinterpretation on how much expenditure they expect to cover each year.  Covering our core expenditures should be straightforward feasible, however, if you're just about covering bills every month it may not be possible to enjoy the finer things in life.
Maybe an extra family holiday every year or have enough money saved up for a new car or house renovations you've always wanted?

That's where Profit Squirrel comes in. Profit Squirrel teaches everyone a simple way to earn £500 tax-free every month from the comfort of your own home. It's a great way to cover all your utility bills (mentioned above) for the entire year with ease and still have enough money left over to start living more comfortably.

There are thousands of people involved with this method to earning money.
Isn't it time you covered all your utility bills with ease and start living more comfortably?
Join today and take home £30 absolutely free.

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Bobby Formella

Bobby Formella

Community support member

I dedicate my spare time to making Matches so I can spoil my 3 little angels. A teacher from Merseyside, love cooking and reading. Liverpool's #1 fan!

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Comments (1)

Tate1952

Tate1952

9 months ago

This was the main reason I actually joined Profit Squirrel. I wanted to make sure we could enjoy our retirement years without having to worry about sudden bills and expenses. Glad people are catching on x

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