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Energy-Saving Tips for Every Season

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Energy-Saving Tips for Every Season

No matter what time of year it is, there’s a pretty good chance you’re using more energy than you need to be using on a daily basis. Through winter, spring, summer, and fall, there are many different tweaks you can make to your home to reduce your energy usage, and save some money in the process. While many of these energy-saving methods overlap throughout the seasons, most target a specific time of year in which they will be most useful.

Saving Energy in Winter

Most people’s energy usage spikes throughout the winter months. The cold, snowy weather, coupled with early darkness, means heat and lighting will be used throughout the majority of each day. While there isn’t much you can do to get around using your heat and lights more than you would during other times of the year, there are many ways you can ensure you’re using this energy to its maximum potential during the winter.

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No matter how cold it gets, keep your thermostat programmed to a warm 68°F. This level of temperature will keep you comfortable and not put excess stress on your heating system. In turn, you won’t see a spike in your heating bill—it should remain fairly constant, even throughout the coldest weeks of the year.

Be sure to clean, maintain, or replace your furnace filter as necessary. A blocked-up filter will also result in a stressed-out heater, and an increased bill. Not only that, but if warm air is being blocked by a clogged filter, you air you do get won’t be nearly as warm as you’d like (which will likely result in you turning up the heat, and wasting more energy and money).

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Check the areas in which your house comes into contact with the outside. This includes windows, doors, and your plumbing system. Ensure the space between the inside and outside is completely sealed so warm air can’t escape. Again, if you’re losing warm air in any way, you’ll end up turning up the heat. Don’t take the easy way out; check the seals around your home and keep the warm air in.

Saving Energy in the Summer

The summer months are a great time to save energy. Though it may get incredibly hot in your area of the world, it’s much easier to deal with heat than with extreme cold—at least in terms of energy usage.

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If you use an air conditioner or central air system (for which I don’t blame you!), again make sure your filters are clean and your windows and openings are sealed. Like using the heat during the winter, clogged filters and open seals will mean your cooling system will be working overtime—which will lead to much larger bills for you each month.

There are other, less obvious ways to stretch your energy usage throughout the summer months, too. When possible, give your clothes dryer and dishwasher a break; use a clothesline when the sun is out to dry your clothes, and use a simple drying rack rather than relying on your dishwasher’s drying cycle. You likely don’t need your clothes or dishes right away, so let the naturally warm air do its thing for you, free of charge.

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You might notice your refrigerator works overtime in the summer months, as well. You can combat this by stocking it as much as possible. Think about it: the smaller the amount of space, the less it has to work. It’s why I don’t mind living in a small apartment rather than a gigantic mansion (or at least that’s what I tell myself!).

Saving Energy in Spring and Fall

The transitional periods of the year, spring and fall, are actually the times in which you should be most diligent about your energy usage. Since the temperature can fluctuate from day to day during these times of year, you shouldn’t rely on an automated thermostat; it will likely waste more energy starting up and turning off throughout the day than it’s actually worth. Instead, play it by ear: open or close your windows depending on your preference rather than using excess energy.

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These transition periods are a good time to prepare for the extreme hot or cold weather ahead. Do all the maintenance discussed above (filters, seals, etc.) while the weather is comfortable, so you’re not scrambling to improve your situation in the dead of summer or winter. Think ahead, and you’ll be sure to stay comfortable year-round.

Featured photo credit: 2 / Stanley Zimny via farm2.staticflickr.com

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Matt Duczeminski

A passionate writer who shares lifestlye tips on Lifehack

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Last Updated on July 20, 2021

Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

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Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

Break Free of Your Finances

Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

Though it seems hard to believe, it is really very simple to get financial freedom.

To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

1. Stop Unnecessary Spending

We often spend money inwardly, instead of objectively.

For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

To stop this habitual spending, log down all your spending over the course of a month.

Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

2. Plan a Monthly Budget

This is a great opportunity to get serious.

Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

3. Cut-up Credit Cards

Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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If not, you may want to consider ridding your life of the burden that credit cards bring.

Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

4. Increase Savings

There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

It’s good practice to save up to 15% of your income.

Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

5. Invest Wisely

Consider investing in funds.

Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

6. Invest in Gold

There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

Another way to invest in gold is through ETFs (Exchange Traded Funds).

These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

7. Stash Emergency Funds

Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

Make it hard to get your cash.

Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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8. Find Fabulous Mentors

Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

9. Be Extra Patient

Patience is the key of financial success.

Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

Financial Freedom for All

Anyone can achieve financial freedom, regardless of their financial circumstance.

Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

Featured photo credit: rawpixel via unsplash.com

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Reference

[1] Hartford Gold Group: IRA Retirement Accounts

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