Money: Make €193 Monthly Savings by Changing 5 Things..
1. Switch to a cheaper Gas/Electricity provider
Due to our now competitve utilities market we can now enjoy a minimum savings of 10% in gas and electricity, some even provide up to 14% savings. With the average combined cost at circa €150 per home per month. Switching to Bord Gais/Flogas or Airtricity could save you €15 per month.
Total Saving: €15
2. Switch to a cheaper Mortgage Protection provider
Life Assurance rates have come down significantly in the past few years due to a more competitive markplace. A recent Sunday Business Post issue highlighted a savings of up to 30% in your Life Assurance so it may be worthwhile reviewing your cover. This also applies if you have Life Assurance relating to your mortgage (i.e. Mortgage Protection) - Check out the cover you took out with the bank at the time of taking out your mortgage is still the most competitive rate available. The average monthly premium for Mortgage Protection is €60 per month. A saving of 30% would equate to €18 per month. In addition SmartQuotes.ie also offer 70% off the first 12 months premiums. For someone paying €60 per month, this is a minimum saving of €504 in the first 12 months!!
Total Saving of €18 per mth (potential extra saving of €504 in first 12 mths)
3. Switch to Corporate Health Insurance Plan
This is quite straight-forward and only takes one phone call. Go to www.hia.ie (the health insurance authority website). Compare what you currently have with other providers on the market and the corporate plans available. Savings of circa €400 per family are not uncommon.
Total Saving of €30 per month (based on €400 above)
4. Switch to e-mobile
With e-mobile customers you can enjoy unlimited talk and text for €10 per week. This compares with the Meteor Unlimited Offer of €85 per month.
Total Saving of €80 (€40 per month per adult)
5. Review your Tax Credits and Claim a refund!
While you can only do this once a year you can also go back four years to claim a refund of monies due (medical expenses, bin charges, certain dental costs, tax relief on pension contributions/income protection). Every situation is different but on average a refund of circa €600 is achieved. Contact David at www.Payroll.ie for further details (Phone 01 2101967). Obtain a special lower rate by quoting SmartQuotes.ie.
Total Saving of €50 per month (€600 spread over 12 months)