Oct 16, 2017 | Reading Time: 4 minutes

Come October I seem to religiously spring clean my home. The complete overhaul includes a stocktake of my boy’s wardrobes (how do they grow so fast?!), a full pantry tidy and even the ceiling cornices get a dust! One thing I added to repertoire last year was a financial spring clean of all my insurance and utilities providers. After reading the Barefoot Investor I realised I was probably paying too much for some of life’s necessities, but the very thought of comparing plans seemed boring and overwhelming.


That’s when I turned to iSelect, a life admin store that allowed me to compare my current plans to some of Australia’s biggest providers. Once I started I couldn’t stop, from health and life insurance through to energy and broadband, as well as car insurance and home loans iSelect helped me to take a closer look at the boring but important stuff.

As I made my way through my list of current providers, it was interesting to learn that in some areas my existing plans were performing really well, like our mortgage and home insurance but for other products like broadband and energy our plans were costing us money. That’s where iSelect really came in handy, helping me to make the right changes for our family.

I’ll me completing my annual audit again soon, because a lot can change in 12 months and it’s pretty competitive between Australia’s leading providers. Once again I’ll turn to iSelect to show me my options in one convenient spot.


If you’re thinking of doing the same, I’ve created a list for us to work though:

Health insurance

Make sure your private health insurance policy suits your growing family’s needs and that you aren’t paying for things you don’t need. For example my baby making days are definitely over, so I have removed pregnancy & IVF from our cover. This dramatically reduced our premiums


As your family grows, so will your internet needs.  More users and more devices means you not only need more data but speed becomes more important. Like many Australians, I’m almost ready to move across the NBN. Deciphering the right plan can be really confusing, so having a tool like iSelect is extremely useful.

Energy bills

Switching my energy provider last year is where we saved the most money. As most of us know bills are skyrocketing (energy went up by 20% in my home state back in July) and during Spring is when most families receive their winter bill, which is the largest for the year.  Retailers don’t reward loyalty and generally any discounts on your plan expire after a year or two.  So if you’ve been on the same plan for more than 2 years, chances are you are paying too much so it’s well worth shopping around to see if you can get a better deal.

Car insurance

Most people simply automatically renew their car insurance every year and end up paying the ‘lazy tax’.  A quick phone call could save you plenty on your car insurance, as could combining more than one car in the same policy (multi-car discount)

Home Loans

Change can make a BIG difference! Seeing you can get even a slightly lower rate could save you hundreds of dollars a year or more in interest, and possibly tens of thousands over the lifetime of your loan.  Sure it’s a bit of paperwork but it could make a big difference to your household budget and see you pay off your loan sooner

Credit cards

Christmas is just around the corner, which is a very expensive time of year for many families.  If you expect to be putting some of those festive expenses on credit, make sure you have a low-rate card or one with a generous interest-free period that will give you time to pay off all those presents.

It wasn’t just me who completed a little life admin in 2016. Last year, more than 9 million Australians visited the iSelect website and recommendations were provided to over 6 million customers.  The highly-trained experts at iSelect HQ helped customers to choose and buy from thousands of available policies, products and plans.  And best of all the advice is provided at no cost to the customer. What are you waiting for, the time to spring clean your finances is now!



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