UK Households Can Save £100 on Energy Bills
UK Households Can Save £100 on Energy Bills

UK Households Can Save £100 on Energy Bills

News summary

In the UK, households can save approximately £100 annually by adjusting their thermostats to an ideal range of 18C to 20C, with experts suggesting that lowering the thermostat by just 1C can lead to significant savings for millions. Meanwhile, in the US, many people face financial struggles but can regain control through practical money-saving strategies, such as examining recurring payments and cutting unnecessary subscriptions. Additionally, investing in ASX shares rather than keeping large amounts in low-interest savings accounts can yield better returns, with ETFs offering diversified options for capital growth. For those looking for a more gradual approach, the $1-a-Day Challenge allows individuals to save over $1,300 in a year without drastic lifestyle changes. This challenge involves starting with a dollar and increasing the amount saved each week, making it a manageable way to build savings. Overall, there are various strategies available for improving financial health, whether through energy savings, investment, or personal finance hacks.

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