moneytalks

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Jul 20 2008

Home sweet home

Published by jparsh at 8:38 am under 1 Edit This

Our home is where we end up spending a lot of our money. Utility bills can add up to big money every year, so it makes sense that we need to work on cutting those costs. One easy way to cut into your heating bill is to get rid of your old thermostat and get a programable one. Wasted heat while you are sleeping or away costs you $$$. Next, try unplugging appliances and other electronics that you don’t use on a regular basis. While something is plugged in it is creating a current which is raising your electric bill. As petty as this may seem it can really add up over the long run. Switch to energy efficient appliances. An older fridge by itself could skyrocket your energy costs. About 5 years ago I had a fridge that was old and outdated. A roommate of mine at the time bought a new one and it saved us over $10 a month instantly. This may have been a severe case but any improvement will save you money. Heating water is your third biggest home energy cost, a simple purchase of a hot water jacket could show significant savings on your monthly bills. Some more quick tips are, you can lower the temp on your water heater, use ceiling fans instead of air conditioning, turn off your dish washer during the drying cycle, if you have kids make sure they turn off the lights! Following these simple tips could give you some extra money in that savings account. (Hopefully an online savings account like I talked about yesterday.Wink)

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