Money Saving Tips for Household Expenses

Wednesday, August 26, 2015
It can be hard keeping up with the costs of maintaining a home, particularly when they seem to be growing more and more out of control. We try to save money where we can, but at the end of the month the bills can sometimes seem higher than usual. There are a few steps you can take towards lowering your expenses.
Switch To Energy Savers 
Look at the appliances and equipment in your home. Do a quick search online to determine how much electricity they are using. If you have older appliances, it is likely that they are not energy efficient. Consider selling any that are overly high and replacing them with more modern and energy efficient versions. They use less power and are better for the environment. As soon as you replace your current appliances, you will see a large savings in your monthly bills. Take it one step further and replace your light bulbs with energy savers.

Adopt a Few Energy Saving House Rules
This was more for the kids than the adults in the home. My two little girls are still getting the hang of how some simple changes can make a big impact on the bottom line. So, I put up a list of energy saving rules in the kitchen. They are pretty simple but seem to be having a big effect. Also, we’re getting into the habit of switching the lights off in rooms no one is in as well as devices like laptops and TVs that have been left alone. Institute rules that are simple, and you'll be amazed by the impact they'll quickly have on your monthly bills.

Switch Power Providers
Look online at electric rates and compare them to what you currently pay. It's a big decision, but once you decide to do it, the process is quite simple. We recently switched cable providers, and we've already seen a significant savings.

Consider An Alternate Energy Source
The cost of installing solar panels on the roof is quite expensive, but I know in the long run it will be more cost-effective than our current energy source. This usually involves a large initial investment with a slow and steady return on the money you've shelled out. Plus, with the right internet tax tools, you can get a pretty sizable tax credit from the IRS. If you plan to stay in your current home for the long haul, this is a good option for saving some cash.

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