« Back to articles
This article is for information only. It does not constitute advice. Chase Saunders Ltd does not provide services for savings, investments, mortgages or insurance. You should seek advice on these areas from a qualified financial advisor.
Hard-up households can save an energy-efficient fortune
Article Category:
Debt Management Help and Advice
Families struggling to cope with the rising cost of living could "save a fortune" by using simple energy-saving tips, it has been reported.
Record numbers of UK households are being forced to tighten their belts as energy prices rise and mortgage payments go up, according to the Sun.
The publication offered a number of tips for those that can not afford "home improvements needed to decrease their fuel bills".
Among the money-saving hints was the use of energy-efficient light bulbs that use up to four-fifths (80 per cent) less electricity than standard ones – offering a saving of "around £600 over the life of the bulbs".
"Turning the thermostat down by one degree can cut ten per cent off the typical energy bill, saving £105 a year," the article added.
Meanwhile, a commentator wrote in the Independent last month that the cost of living had "shot up".
Yasmin Alibhai-Brown added that families were suffering the effects of the Northern Rock crisis, having their homes repossessed and losing jobs.
For more information about
debt management call our advisors on 08000 122 118 for FREE, no obligation help and advice.
Created on 13/06/2008 10:16:11
Debt News
Debt News Archive