There’s no doubt that students sharing household bills can save a lot of money by simply utilizing the services of a bill splitting company.
This means that all of their monthly outgoings can be budgeted for with the bills being covered so that their services are not interrupted.
Among the services will be gas and electricity, as well as their rent, broadband and even TV licence and the water bill.
Of course, students can spend their time speaking with each utility supplier separately but this could mean spending ages on hold waiting for them to answer.
Utility bills UK that need to be met
There are a number of utility bills UK that need to be met including gas and electricity but many people forget to budget for water though it’s an important utility that we use every day.
For those who decide to pay their bills directly then the budgeting means putting more aside for winter months when they will be using more electricity and more gas to keep their home warmer.
In addition, there’s also the headache of chasing housemates for their share of the bills which could lead to falling out and arguments.
This is on top of one poor housemate being lumbered with one of the utility bills that is unpaid and because their name is on it then they are legally liable for paying it.
Indeed, it makes sense for all of the housemates to put their names on utility bills since they will then be responsible for paying it on time. And each is responsible for not paying.
Non-payment of bills will have repercussions, particularly when the students leave university and are looking for a car loan or even a mortgage in the years to come.
A good credit rating will be key.
Organising of utilities for student property
So, there’s no doubt that the searching for and organising of utilities for a student property is a major issue – and a buzz kill when the students could be doing something that’s much more fun.
There’s also the worry that they may not be getting the best deal and one housemate may insist on a particular energy supplier, for instance, because their parents may have been with them for years.
This does not mean that the supplier is a good energy supplier or even the cheapest when the students should be looking to budget effectively and should be shopping around to find the best offerings.
It helps that the utility suppliers, and student broadband offerings, are geared to this need at the beginning of the academic year and there are some cracking deals available.
Some of the student broadband deals are very impressive
Indeed, there’s no doubt that some of the student broadband deals are very impressive though the students will need to sign up with a reputable provider and appreciate what their internet needs will be.
This means they shouldn’t go for a basic package and should instead look for a broadband deal that will meet their needs should everyone in the property be online at the same time.
While they may all be doing simple research for assignments, they may also all be accessing sites such as Netflix or even gaming which will require considerable bandwidth to function properly.
The other big issue for students looking for utility providers is to be wary of the contract length since many will be for a full 12 months when the students may only live in the property for 10 months.
This means they will need to pay for the two months that they will not be using the utilities or the broadband.
Use the expertise of bill splitting provider such as Glide
One effective way of overcoming this is to use the expertise of bill splitting provider such as Glide.
On top of being able to budget effectively to pay all of the bills as well as their rent and broadband, the students will have peace of mind.
In addition, there will be no need to shop around for utility providers since Glide will have access to the best student offerings for gas, electricity and water as well as broadband.
Don’t forget that is possible to pay for the rent in this way so the student receives just one bill from Glide for everything; that’s a great way to budget and an effective method.
Essentially, when it comes to students sharing household bills to save money then utilising the expertise from Glide will make this an effective and enjoyable way to pay bills while at university and ensure the students have enough money to enjoy their free time as well.