We are almost two months into 2013, are you still on track to keep your New Year’s resolutions? You might be trying to trim down your waistline or trying to save some money, and we are here to help you with the second. Homeowners can actually save a lot of money, Try some of our tips below:
Refinance your home mortgage
Most likely, the biggest expense you have every month is the payment for your mortgage. We are pretty sure you share the sentiment that it will be nice to lower it by a few hundred dollars. It it possible? Well, yes. Looking at the current interest rates at the moment you can save a lot over the years.
Go for a bundled phone, internet, and cable service
Buying anything in bulk will save you some money. This is true for your digital services such as your phone, cable, and internet. Bundling these services can save you around 40% to 60% depending on the going on rates in your area. Before signing up you can negotiate for a better rate and you might be surprise with the savings that you can get. Remember that these companies are also looking forward to keep your business amid the tough economy.
Shop around for a new home insurance
Doing your homework and re-shopping your home insurance can create a big difference. This does not mean that you will go for the cheapest policy that you can find the market. Your home insurance protects your properties and you want a provider that can handle your claims efficiently and fairly.
Beef up home safety
Installing a good alarm system, storm shutters, or a new roof can help you lower the cost for your home insurance. According to studies, you can save as much as 5% on homeowners insurance when you have smoke detectors, burglar alarms, and other safety measures in place. Fire alarms and sprinkler systems can help shave off around 20% from your monthly premiums.