Feeling the pinch from rising prices? You can negotiate lower bills for services like internet, cable, and insurance. Identiti Financial CEO advises that almost every bill can be negotiated, potentially saving you hundreds yearly. Remember, service providers want to keep your business and may lower costs to retain you.

To start, review your recurring charges like utilities, rent, phone, and insurance. Take advantage of your history as a customer and research competitor pricing before negotiating. If facing financial hardship, mention it for potential assistance programs. Politeness is key during negotiations, with scripts like asking for lower rates with courtesy and confidence.

If your provider can’t lower rates, they may offer temporary discounts or better packages. Get written confirmation of any rate changes for future reference. Apps like Billshark and Trim can also help negotiate bills on your behalf. Hinting at competitor options can sometimes lead to better rates.

Read more at Yahoo Finance: How to secure lower rates and save money without cutting services