Technology has changed the world in so many ways that most of us can’t imagine what life would be like without it. However, it can often feel like the tech market has been designed with very little thought for normal people’s budgets. With phone prices coming in at over a thousand pounds and the latest TVs costing even more, it’s sometimes difficult to remember that there are tons of tech items and software programs that you could put to use to actually save money. Here are some of the best ways to spend less and save more thanks to technology.
If you want to save more money, you’re certainly not alone. Since millions of people utilise tech to help them save more, there’s a massive range of apps that are designed to make it easier to get more control of your money. In the UK, challenger online banks like Starling or Monzoare designed to be more user-friendly and offer a range of features to help you save more, like rounding up each spend into savings pots and setting monthly budgets. They also clearly lay out your spending to make it easier to see where your cash is going.
When it comes to hardware, there are plenty of nifty gadgets that are not only fun to use, but will help you save more money in the long run. Smart plugs are an ideal option for saving money on your utility bills as you can control them from an app on your smartphone and set them to automatically turn off at certain times of the day or night, regardless of whether or not you are at home. You could attach them to key electrical items around your home or to every outlet if you want total control.
Exercise at Home
With increasing options to exercise at home with the help of tech, you can save money by ditching your gym membership, especially if you don’t feel like you visit enough times per month to actually make the most of it. If you struggle to get out to the gym but still want to get some physical activity in, there are plenty of games that you can play on consoles like Xbox, PS4 and Nintendo Switch to get you moving from your own living room for just the one-off price of the game.
Heat Recovery System
Installing a heat recovery ventilation system in your home not only improves the air quality and your health but can also prevent damage to rooms in your home, and therefore help you save money in the long run. Take a look at some great options here. In rooms that tend to trap moist, warm air, it will supply fresh and filtered air heated from the recovered warmth of the extracted air. As a result, the risk of issues in your home like damp and mould will be significantly increased. As we all know, these problems can be very costly to fix.
What are your favourite ways to use technology to spend less and save more?