Saving money
How to do an annual home expense review
An annual review is the single highest-leverage thing a homeowner can do for their finances. One hour a year can find hundreds in savings that repeat every year after.
What to review
- Every subscription and membership - do you still use it?
- Electricity, gas and internet - compare plans
- Home and contents insurance - check cover and price at renewal
- Council rates and water - know what you are paying and why
- Strata fees - understand the building’s budget and capital works fund
A simple framework
For each cost, ask three questions: do I still need this, is the price fair, and could I get it cheaper? Act on the obvious wins, keep what is worth keeping, and move on.
Frequently asked questions
How often should I review my home expenses?
Once a year is enough for most costs, with insurance and subscriptions best reviewed at renewal. HOLD surfaces upcoming renewals so you review at the right time.
Last reviewed: 19 August 2026
