An Origin Story For started out of necessity when our family experienced our first “financial emergency”.

If you are experiencing one too due to “under employment” or cannot work due to health issues, you’ll want to read about how you can easily reduce your monthly bills quickly.

For us, our financial emergency was a result of health issues that prevented my husband from working. Weeks of not being able to work turned into months and our savings were depleted quickly.

As the primary breadwinner, my husband’s income was a big contributor to our monthly expenses. I was working part-time, trying to care for our kids and spending all of my waking moments looking for full-time employment, but senior level positions were hard to come by.

The economy here in Calgary is not the best at the moment, with thousands of oil & gas employees out of work, it affects all industries in the city and jobs are hard to come by.

With no stable income coming in, we needed had to cut our expenses FAST.

As the family finance manager, I began to look at our monthly bills to see how I could trim the fat and reduce our expenses.

Here’s a run down of where I was able to save over $3,100 per year:

  1. Home Security: Savings $79/month

We had a contract for home security with Vivint that had us locked in for another year. After calling them and explaining our situation, they froze our payments for 6 months, while still offering the security service for free. Our contract was then extended by 6 months, but it was very helpful in the short term (thanks Vivint!).

  1. Cable TV Bill: Savings $50/month

We have had cable TV for years but realized we really didn’t use it. We were able to cancel our cable and just use Netflix and Apple TV.

  1. Internet: Savings: $30/month

I felt that I was over paying on our internet bill, so I shopped around and compared pricing. Once I found a better deal, I called our internet provider and threatened to leave if they would not match the competition.

I was able to get our internet down to $65/month, without switching companies.

  1. Cell Phones: Savings $45/month

Our cell phone bill seemed quite high, so again, I shopped around and was able to negotiate a better deal for my phone and also found a more affordable plan for my teenager by switching to Freedom.

Shopping around and leveraging the “best deals” with my current provider was the key to saving a lot of money.

  1. Home Phone: Savings $30/month

Cancelling our home phone line was a difficult decision, but in the end, with cell phones available to use, the extra cost for a home phone line seemed like a luxury, so we cancelled it.

  1. Energy Costs: Savings: $25/month (estimated)

The last area I looked at was our energy provider. I assumed all rate plans were comparable, but after comparing rates, I realized there was actually a pretty big difference. I ended up switching companies and also moving to a fixed electricity rate because the rates were really volatile at the time.

It All Adds Up

Overall we were able to trim about $260/month on our bills. That adds up to $3,120 per year!

In addition to “crushing our bills”, we also curbed our spending and made other sacrifices. Making changes to our monthly bills was probably the most painless, except for the waiting on hold part!

After going through this experience, I wondered if there were other families out there overpaying on their monthly bills. After working with friends of family, it became clear that we were not the only ones wasting money month after month.

The potential savings were impressive:

The Szabos $2,500/year

The Laforets $2,400/year

The Lees $2,040/year

So was born and our goal became to help Canadians create that extra wiggle room in your budget, whether you are in a crisis like we were, or you just want extra money for more important things, like a vacation or your kid’s education.

Perhaps you don’t have an emergency fund, if you don’t we’d highly encourage you to start “crushing your bills” down to size to start building up an emergency fund in case you experience a financial crisis of your own.

Sharole Lawrence

Founder, Bill Crush

Read more about our services here.