There is an old saying that goes “It takes money to make money.” This can be true when it comes to saving money around the house.
By investing a few bucks in a few items right now, you can save hundreds of dollars over the course of a few years and sometimes in a single year!
Try some of the following tips and see how money you can save. Oh, by the way, I even included a few that won’t cost you a dime but can save you some serious greenbacks over time.
Yep. You might not think about it, but even when most of your electronic devices are turned off, they are still sucking up a tiny little bit of power. Now you don’t have to unplug the refrigerator, but put things like cell phones, tablets, laptops, and other electronics on a power strip. This way, you simply need to flip one switch before going to bed. This trick can save you $100 a year
I know why most people don’t switch out their old light bulbs for newer, compact fluorescent, they cost more! So, try this trick; change only 5 or 6 of your most commonly used light bulbs, rather than try to replace all the bulbs at the same time. You can save about $75 every year on electricity just by applying this one little hack.
Stop with the Bottled Water
This is one of the most expensive habits ever. Stop wasting money on bottled water! If you don’t trust your tap water, buy a pitcher type water filter and refill a few stainless steel, last-forever containers to take on the road with you. A family of 4 could save as much as $175 a year.
Use Your Curtains and/or Blinds
You can save serious money on your heating and cooling bills by using reflective blinds to block out the sun and thermal backed curtains to keep in the heat. Close curtains or blinds on windows that get a lot of sun in the summer.
Insulate Your Water Heater
Unless your water heater is in an insulated attic, you should add an insulated blanket around it to stop it from radiating heat out to the area where it is located. One of these blankets costs a mere $20, but it can save you as much as 9% on your utility bill.
Buy a Programmable Thermostat
A programmable thermostat allows you to set temperatures for different times of the day. For example, lower the heat during the day when no one is home, and have it programmed to come on about 30 minutes before you get home from work, so the house is warm when you open the door. These cost as little as $20 but can save you more than $125 every year.
Change Your Own Air Filter
Almost everyone can learn to change the air filter in their home. If you can’t figure it out, find a friend or neighbor to help you find out where it is and how to access it. Buy filters cheaper by purchasing a case (12) online. Change this filter yourself every month to not only save on utility bills, but to help save money on A/C or heating repairs.
By the way, do the same thing with your car’s air filter. Your mechanic could charge $25 to do this, but you can often find filters on sale for less than $10.
Clean Up Your Dryer
Did you know that forgetting to clean out that lint trap on your dryer can cost you big time when it comes to utility bills? Clothes drying inefficiency can hit 75% if you fail to do this simple task. Make it habit to remove that lint after every single load.
Cut the Cable
Take a serious look at what you watch on cable. I bet you are paying for hundreds of channels that you never watch. I decided to try to live without cable for 1 year. I don’t miss it. I watch local news via the internet. For everything else, I use Roku and Netflix. It costs me $84 a year. The average person pays $68 a month! Try it.
Buy a Crock Pot or Instant Pot
Do you order out a lot because of you just too tired to cook dinner once you get home? Join the club! A $50 slow cooker will save you a ton of money. Put everything in the pot the night before, turn it on when you leave in the morning and dinner is ready when you get home. Instant pots are even faster, cooking chicken breasts in about 6 minutes! You can save thousands by eating at home and eat better while you do it.