Millions of people across the UK could be overpaying on their household bills, particularly their mobile and broadband bills. As highlighted by Martin Lewis, the founder of MoneySavingExpert (MSE), many broadband and mobile providers have recently increased their prices above inflation. This makes it crucial for consumers to check their current bills and compare deals to ensure they’re getting the best value for their money. According to Lewis, one MSE fan managed to reduce their bills by a whopping £660 in a year simply by switching providers. They were able to reduce their phone bill from £52 per month to £9 per month and their broadband bill from £32 per month to £20 per month. Lewis emphasizes that it’s a no-brainer for millions of people who are out of contract with their current providers to switch to a better deal. However, if you’re still in contract, you may need to consider any exit fees that could potentially outweigh the savings you could make by switching. It’s important to find a deal that not only saves you money but also meets your needs. Don’t be tempted by a cheaper deal that offers less data or has other terms and conditions that don’t suit you. If you’re unsure how to find the best deal, you can use price comparison sites, MSE’s Cheap sim finder, or companies like Uswitch and Confused.com. Another savvy Martin Lewis fan, Nigel, saved over £252 a year by switching his mobile phone provider. He realized he had been out of contract for nearly 3 years and was paying over £27 per month for 20GB of data. By taking out a new 12-month contract for 12GB of data for £6 per month, he saved a substantial amount of money. According to the MSE team, if you’re paying over £30 a month for your broadband, you should consider switching providers. Unless you require a superfast broadband connection, you shouldn’t have to pay more than £30 per month. MSE fan Mikey saved £576 a year by switching his broadband provider. He tweeted: “I’ve just saved £576 from switching my broadband. Thank you so much.” Currently, Virgin Media offers the cheapest fast 132Mb broadband for £20.95 per month on an 18-month contract. Vodafone also has a deal on a 67Mb fibre and line package for £21.84 per month on a 24-month contract. If you’re on Universal Credit or other benefits, you may be eligible for social tariffs, which can cost as little as £12.50 per month for 15Mb broadband. Even if you’re happy with your current provider, it’s worth asking for a better deal. Here are some top tips from the MSE team on how to haggle successfully: Be firm and come prepared, and time your request strategically. If you’re out of contract or about to be out of contract with your current provider, it’s the perfect time to haggle for a better price. Remember, every pound saved on your household bills can add up to significant savings over time.
Slash Your Household Bills by £660 with These Simple Checks
