Rescue Your Paycheck: Renegotiate Your Bills & Save Big

The New Year (January – February)

As the calendar flips to a new year, many of us are riding the wave of resolution enthusiasm. Companies know this, and they’re often more willing to work with customers who are reevaluating their finances.

Why it works:

• Companies have new budgets and sales targets
• Many people are looking to cut costs after holiday spending
• New promotional offers are often rolled out at the start of the year

Real-life example:
Sarah, a graphic designer from Portland, decided to tackle her bills in January. She called her internet provider and, armed with competitor rates, managed to slash her monthly bill by $30. Over the course of the year, that’s a $360 saving – enough for a nice weekend getaway!

How much you can save: On average, people who negotiate their bills in January-February report savings of 10-15% on services like cable, internet, and cell phone plans.

Tips for getting started:

• Make a list of all your recurring bills
• Prioritize the largest expenses
• Set aside a dedicated “negotiation day” to make all your calls