Sunday 10 December 2017

Online budget calculator promises to help cut bills

Charlie Weston Personal Finance Editor

A NEW website that promises to show householders how to save money on key areas of expenditure, such as groceries, energy and telecoms bills, was launched yesterday by the National Consumer Agency. is designed to enable people to compare what they are spending on these items with other households.

Around a third of the average household's spending goes on groceries, energy, TV, telecoms and mobile phones, the state-supported agency said. The website advises consumers how much more or less they are spending, compared with others who live in a similar home with the same number of children.

National Consumer Agency head Ann Fitzgerald said: "What's really valuable is that the Economiser does not take a 'one-size-fits-all' approach. Your results compare you to those with similar characteristics, meaning the analysis should offer relevant suggestions to achieve real savings."

She encouraged everyone, regardless of age, circumstance or income, to try it out.

Irish Independent

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