Inflation has just climbed to a new high. There is gradually no longer any question of a brief increase in prices. Financial expert Margarethe Honisch gives consumers tips on how to save in everyday life. Netflix and Co. do not come off well.
Between all the price increases in everyday life, it is easy to lose track. The prices for fuel, heating and electricity have climbed far and fast. The same applies to food and furniture, but prices are also rising when buying a car. Financial expert Margarethe Honisch explains how you can still save with a few simple tips.
Financial expert advises: Canceling unused subscriptions saves a lot of money
“A great potential for savings can be ongoing unused subscriptions,” she explains (source: t3n). Anyone who wants or needs to save should therefore primarily get an overview of the registrations for streaming services and other subscriptions. What is little or not used at all can mean significantly more money in the wallet if it is terminated.
For Netflix and Co., these are not good prospects. The streaming giant has just had to accept declining subscriber numbers for the first time in ten years and has subsequently announced a partial realignment of content. However, the high prices remain a major problem of the streaming services, especially in total, it can get really expensive.
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So if you’re short on cash, It’s best to decide based on what you watch the most, instead of paying Amazon Prime, RTL+ and Disney+ in addition to Netflix. Of course, this does not only apply to video streaming. It also doesn’t hurt to choose between Spotify, Deezer and Napster, your account balance will thank you.
We help compare the streaming services:
“It’s also worth regularly checking and changing mobile phone, internet and electricity contracts‘ says Honisch. It is advisable not only to have a look at good alternatives. Cancellations can also tempt your previous provider to make you a better offer.
This is how consumers learn how inflation hits
In order to use the tips in the best possible way, you should first know your expenses well. The expert advises keeping a household book for this purpose. Ideally, this will give you an overview of your expenses over a period of a few months, identify potential savings or see clearly what you cannot do without. The Federal Statistical Office’s inflation calculator is also a great help. With this you can find out how much the current price increase is affecting you at all.