One of my favorite ways to save money is to negotiate my recurring bills.
That means that, at least once a year, you’ll find me calling my cell phone carrier, my car insurance company and my cable provider to see where I’m missing out on opportunities to save.
This week, I want you to do the same thing so you can find the money you’re leaving on the table. I want you to call about three of your recurring bills.
Not sure what that sounds like? Here’s a simple script:
You: Hi, I’m calling to see if I’m getting the best rate on my [insert bill].
Operator: Sure, let me pull up your current bill. Is there anything else I should know?
You: Well, I’ve been with [company name] for “x” years and I know your services may have changed since I signed up. Can you look over my current bill and walk me through some potential ways to save in the year ahead?
I’m telling you this works. One of my clients just did this after we reviewed her expenses during one of our recent coaching calls. She was paying $85 for her internet bill so she called and the company was able to reduce her bill to $58. That’s a savings of $27 a month or $324 a year.
Another one of my clients was able to save $10 on her monthly cell phone bill. It may not seem like much but saving an extra $10 here and there can mean hundreds of dollars saved each year. This means you can use the money you save towards other goals like saving $1,000 for an emergency fund, starting a vacation fund or paying an extra $20 towards your credit card debt each month.
So, now go and reclaim your money! Click here to grab a list of recurring bills you can call about to reduce your monthly expenses.
All the best,