Sometimes saving money means cutting back on indulgences or changing spending habits. But there are actually lots of simple ways to save money right in the home. All it takes is an awareness and a commitment to doing things differently. Here are some ways to save money around the house. Over time these savings start to add up.
Get New Lightbulbs
Just because a light bulb still works doesn’t mean it’s working for your energy bill. Updating to compact fluorescent light bulbs can save you up to 80 percent on your energy bill, which is pretty significant. They are more expensive so the initial investment might be slightly higher. But they also last way longer than normal bulbs so it’s a win-win situation. Plus they’re not that expensive, think $15 or so for a pack of four. Swap out your most use lamps and lights or replace your old bulbs with energy efficient ones as they burn out. You’ll notice a difference in your electricity bill.
Cut Your Cooling Costs With Curtains
If you have to use air conditioning in the summer, you’ve probably noticed your bills hike with the temperature. But it’s quite easy to keep some of that heat out by installing reflective blinds, which can reduce up to 45 percent of the heat. Window treatments can also be used to keep heat in during the winter, so they’re actually putting in work and saving you money all year round.
Get More Efficient Water Faucets
In addition to cutting down on lengthy showers and big baths, installing low-flow water faucets can significantly cut your water bill. This is particularly important in the kitchen where you can’t really cut back on dish washing time. The low flow water faucets only cost around $10 to $20 but could end up cutting the water bill by 25 to 60 percent. You can still spend the same amount of time washing the dishes. The facet just ensures that less water is used (and wasted) in the process.
Cut the Cable
Cable TV costs on average $768 a year. These days there are so many streaming alternatives that you can watch whatever you want to watch whether or not you actually have cable. So you might not actually need it. Streaming sites like Netflix and Hulu cost somewhere around $10 a month. Even if you’re paying for a couple of them it can still be a far cry from the monthly cable bill.
Unplug Your Electronics at Night
The average person might have dozens of electronics plugged in at a time and not even realize how much energy they’re using. Even if your phone hits full charge the plug in the wall continues to conduct electricity. Consider all the things that might be plugged in at any given time. The lamps, TV, air conditioning unit, computer, electric toothbrushes, etc. An easy way to “unplug” at night without having to actually unplug everything individually is to have electronics plugged into power strips. Then simply switching off the power strip will disconnect the electronics from the power source all at once. The average household spends $100 each year having their electronics plugged in.