Saving is a priority for many of us, a penny saved is a penny earned after all. But, without setting aside a chunk of our wages into a separate current account, what other ways are there to begin building a nest egg? From shorter showers to investing sensibly, we’ve compiled the ultimate list of life hacks...
Turn off extension leads
that your electronics might be plugged in to.
Even if they are turned off, there is still electricity running through them which can add to your bill.
4% of your energy bill
is attributed to cooking. Since your oven stays warm for a long time after being switched off, try turning it off 10 minutes before you're finished cooking.
Pack your freezer more tightly
this keeps more of the cold air in when you open the freezer and avoids it working harder to lower the temperature again. This is the same for your fridge too, a full refrigerator requires less energy to stay cool than one that's empty.
7% of your energy bill
is made up of the cost of powering your fridge and freezer. Run them at maximum efficiency temperatures - between 3 and 5°C for your fridge and -18°C for your freezer.
Save £85 per year
by turning your thermostat down by just one degree Celsius.
Save £98 per year
by cutting your 15 minute shower time down to 5 minutes.