Save Money Around the House – 8 Simple Tips

Some of the best money saving hacks can be found in your own home – and they are so simple! Try these 8 tips to cut down on your monthly bills and save big bucks over the course of a year:

  • P: hometone.com

    P: hometone.com

    Update your light bulbs. Switching out traditional light bulbs for compact fluorescent bulbs could save up to 80% on your electric bill. They cost a bit more, but they last 3 to 25 times longer!

  • Unplug. Your electronics will continue to use energy when plugged in, even when they are turned off. Unplug your computer, chargers, and other small appliances when not in use. To simplify, plug everything into a power strip you can use as a master switch.
  • Use a programmable thermostat. Programming your heating and cooling settings based on your schedule will cut your utility bills by $135 – $145 a year.
  • Seal windows and doorways. Save an average of 15% on heating and cooling costs by sealing up cracks and adding proper insulation. Try caulk to fill cracks in windows and doorways. Insulated window shades, weather strips, or plastic film kits will also seal up openings.
  • P: bergefarrell.com

    P: bergefarrell.com

    Buy generic. Cut costs on items like food, toiletries, OTC meds, cleaning items, etc. by going generic and it could save you $50 – $500 a month.

  • Wash your laundry in cold water. Most clothes will come out just as clean in cold water as they do in warm or hot. A hot wash and warm rinse costs about 60 cents per load, while a cold wash and rinse costs only 4 cents per load.
  • Coupon codes! Before you purchase anything online, search for coupon codes. Sites like Retailmenot and Coupons.com have codes for almost any retailer out there.
  • Run appliances at night. Do your laundry or run the dishwasher at night to avoid peak energy rates.

Prepare Your Home For Winter

P: Taylored Restoration

P: Taylored Restoration

Baby, it’s cold outside! The dreaded polar vortex has made it’s first unwelcome appearance in our neck of the woods, which means it’s time to get your home ready to weather the winter months.

You want to keep your home warm and toasty inside, but winterizing isn’t just about staying warm. By investing some time and energy of your own to prep your home, you will end up saving in energy costs. Preparing your home for the cold winter months will also save you the unexpected headaches of busted pipes or a failing furnace.

Follow our winter prep checklist to get your home ready for the deep freeze:

Clean your gutters. Water should be able to flow freely now to help prevent icicles and ice dams from forming later.

Change your furnace filter. Regularly replacing the filter can significantly improve its efficiency and longevity.

Invest in a programmable thermostat. Install a programmable thermostat and save money by setting the temperature lower while you are away or asleep. The US Department of Energy says that you can save as much as 1% on your energy bill for every degree you lower your home’s temperature in the winter.

Check for drafts. Cold air can easily leak in through windows, doors or any additional exterior gaps. Here are a few fixes:

  • Window insulation film – if you take the time to do it correctly, it won’t look tacky and will significantly lower your heating bill
  • Weatherstrip tape – simple and easy, seal your windows and doors tightly with weatherstripping
  • Caulk – fill any remaining gaps in siding, windows or doors with caulk
P: Better Homes and Gardens

P: Better Homes and Gardens

Reverse your ceiling fan. Having fan blades move in a clockwise direction will push the warm air back down to reheat the space.

Inspect your chimney. If you have a fireplace or wood stove with a chimney, check it for creosote buildup and have it cleaned if necessary. Also look for any blockages like bird nests.