How to negotiate a fairer deal on bills

Most of us want to spend less — especially when it comes to bills. Nobody deserves to pay more than they need to, so if you seek a fairer deal, you’re not alone. I always leave the bills bargaining to Hubby who makes a much better job of it than I do.

But is this easy to achieve? It can be — you just need to know how. This guide could help.

Research the market

Before you decide on a supplier, research the market. That way, you can pinpoint the deal that matches — or comes close to — your ideal price.

Consider energy bills. It seems that providers are constantly competing for customers. So, you could find a cheaper deal than your existing one.

You can also use your findings to negotiate a better tariff with your current supplier. Money experts argue that this is just as cost-effective. According to some, it can reduce the average annual energy bill by £300.

Peruse the market, and you stand to gain a better deal. You could apply this method to mobile and broadband tariff negotiations, too.

Seek expert advice

You don’t have to rush into a new deal or tariff. Research is important. However, you don’t have to do it alone. An expert can help youthrough each step of your negotiation.

A financial advisor can be particularly useful if you’re new to regular bill payments — if you’re a first-time renter or home owner, for example.

Together, you could weigh up your income projections against potential deals. You’ll then be able to pinpoint the best one for you. A specialist can assist you in negotiating on a similar agreement with your chosen provider.

Negotiate well

Do you know exactly what your want from a deal? If so, it’s time to negotiate. Typically, this is best done directly.

To gain top results, speak with a firm representative. Build a good rapport with the call recipient, and they’ll be more likely to acknowledge your request. As a result, they may be more inclined to help you reach a more reasonable deal.

Negotiate well, and you can tailor your bills to better suit you.

Bills are a necessary part of life. They don’t, however, have to be costly. Once you know how, you’ll be able to negotiate a more agreeable price with your provider.

In turn, you could secure your finances— for now and the future.