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After I Read This, I Have Saved Thousands On My Household

After I Read This, I Have Saved Thousands On My Household

These days being frugal is rather trendy. You probably already know how to save money on online shopping, cut down business costs, and get education for free, however it is the monthly utility bill that sucks up a pretty penny out of your paycheck. Start following these simple household money saving tips today and save at least an extra thousand dollar this year!

1. Fix your pipes and install low-flow water faucets

Did you know that 7 billion gallons of drinking water a day are wasted in the US? That’s enough to fill over 11,000 swimming pools! Make sure you conduct timely inspections of your pipes (at least once a year) and fix all the leaks. A dripping faucet adds extra 10% to your water bill.  Moreover, consider installing low-flow faucets which cost around 10-20$ per item. Ask yourself: do you really need a fire hydrant flow to wash your dishes or would you prefer to drastically reduce your bills?

Money saved: up to 60% on water.

2. Keep the electronics unplugged at night

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    How many electric appliances do you have at home? Think TV, microwaves, all your cell phone gadgets, laptops etc. What you may not realize is that all of them still use electricity even when they are powered off. An average US household has around 40 electronic devices powered up at any given time of the day, sucking over 100$ a year without owners even realizing it! The solution is surprisingly simple: keep all your appliances plugged into a power strip and disconnect them by the end of the day.

    Money saved: up to 5% on electricity.

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    3. Invest into Energy-star equipment

    If you work from home at least once a week or even run a home office, investing into Energy-star devices will save you a few hundred dollars per year as they consume at least 50% less electricity compared to standard equipment. For example, merely switching to energy star-labeled laptops and computers will cut down your energy consumption twice. The same goes with printers, fax machines, VoIP phones and other equipment you need to keep your small business running smooth and efficient.

    Also, think about installing access floors in your home office room to hide all the cables and wires, thus protecting them from mechanical damages (think riding with your chair over your laptop cord). Cables working at half-power drastically increase energy consumption and definitely will not help your equipment to last longer. Besides, you can use the extra space to store large items and avoid clutter. A clutter-free office looks better and makes you work harder.

    Money saved: up to 65% on electricity.

    4. Insulate your hot water heater

    By adding an extra layer of protection to your hot water heater and water pipes, you’ll save an extra 40% of heat from being wasted during cold months. There are numerous options available – from buying a 10-20$ insulating blanket (up to 40% of heat loss reduced) to spray foam insulation that typically cost around 400-500$, but will save you much more in the long run.

    Money saved: up to 9% on utilities.

    5. Seal the windows and doors properly

    Did you know that your household probably loses one-third of the heat due to drafty windows and doors? It’s the same with the cooling during warm seasons. Instead of paying extra, you can easily fix the issue by:

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    • Using insulated blinds and drapes on glass doors and large windows to regulate the heat. Also, cover up windows facing west, east and south on hot days and leave the shades up on sunny cold days, but do not forget to close them at night.
    • Replace single-pane windows with storm windows for cold seasons. That will reduce heat loss by 50%.
    • Use “low-e” transparent film to seal the drafty window for winter. It costs pennies, yet reduces the losses up to 20%.
    • Fill up all the window, floor and door cracks with caulk.

    Money saved: up to 40% on heating.

    6. Switch to fluorescent light bulbs

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      Only 6% out of all consumed electricity is turned into light by old traditional bulbs. Everything else goes into waste heat you obviously don’t need. Fluorescent bulbs cost a bit more, however they last up to 25 times longer, plus transform more energy into actual light. For example, replacing 15 bulbs could save you up to 600$ over the life of the bulbs.

      Money saved: up to 75% on electricity.

      7. Stop spending on bottled water

      Let’s do some simple arithmetic. Approximately, you pay 6$ for a standard case of water that is 0.40$ per bottle. An average family of four consumes up to 2 gallons per day which is 5.3 bottles per person a day and 2.13$. Multiplied by four and then by 365 we have over 3.000$ spent on plain water! The most basic model of a water filtration system will cost you roughly 20$ + a new filter required for every 40 gallons.

      Money saved: 2.900$ per year

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      8. Get a programmable thermostat

      If you work endlessly long hours, often go on business trips or have a lot of time to travel, getting a programmable thermostat should be your priority. It will automatically adjust heat/cooling settings according to the schedule you’ve set, thus reducing electricity and heat wastes. That’s extra 180$ saved per year.

      Money saved: up to 15% per year on electricity

      9. Use the right-sized cookware

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        Not only makes it your food cook faster and taste better, but using appropriately sized pans and pots can significantly reduce energy consumption. A 6″ pot placed on 8″ burner wastes 40% of heat. Depending whether you use an electricity or a gas cooker, you can save up to 36$ and 18$ respectively per year.

        Money saved: up to 9% annually on electricity

        10. Use the microwave to boil water

        On average, it takes four minutes less to boil a cup of water in the microwave comparing to the same action done on the stove. Besides, the appliance consumes 60% less energy. Imagine that each time you spend 3 cents less on your bill. Multiply the number by 365 and get a pretty decent amount of savings to spend on a weekend trip.

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        Money saved: 6-10% on electricity.

        11. Clean your dryer lint trap

        It seems pretty obvious, yet you probably forget cleaning the lint trap anyway. However, you should realize that this simple action will make your appliance work at least 75% more effective (less energy consumed) and increase its overall lifespan. Also, consider cleaning the dryer vent completely once in a while and occasionally washing your lint filter to reduce the bills even more and let your appliance serve you well for decades.

        Money saved: 4-8% on electricity.

        12. Take shorter showers

        Soaking in a warm bath requires 70 gallons of water on average, plus extra heating costs. While having a quick refreshing shower uses just around 10-25 gallons. It’s a no brainier that taking a shower is cheaper. But how much? Say, you like taking a 12 minute shower on average and your shower head pours around 2 gallons/per min. By opting for a 5 min shower instead, you’ll save nearly 3000 gallons per year. That’s from 10$ to 100$ saved annually depending on your current water rates.

        Money saved: 25-40% on water.

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        Elena Prokopets

        Elena is a passionate blogger who shares about lifestyle tips on Lifehack.

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        Last Updated on June 1, 2020

        10 Reasons Why Following Your Passion Is More Important Than Money

        10 Reasons Why Following Your Passion Is More Important Than Money

        Elite Daily have got some great points as to why you should chase down your dream job, regardless of how much the wage is. If you’re feeling unfulfilled in your career, maybe it’s because you’re on a path that doesn’t connect with your passion? Maybe it’s time to steer right off that road and take a different route:

        Money is a very powerful thing, it builds empires and breaks down kingdoms, it allows for dreams to come true and it takes others away, it makes some people happy and others completely miserable. Today the pursuit of money is almost directly linked to the pursuit of happiness, many will argue that money = happiness.

        However, this is inherently problematic as this mindset leads many people to stray down a path that doesn’t best suit them. When people choose their careers, they are sometimes blinded by money and so choose to follow the paper trail. Although money is great and can buy us all the things that will temporarily make us happy, no amount of money can buy time. Time is our most valuable asset and it is something, that while on this earth, we should spend most wisely. You shouldn’t feel like you’re mindlessly wasting your life away

        This generation is particularly in trouble because jobs are scarce and many of us will be stuck doing jobs we hate just because we need money. Although this may be the right move for our careers now, this shouldn’t be something we do for the rest of our lives. it is best we search for something we are passionate about. Here are the 10 reasons why you should follow your passion and not the money.

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        1. Working for money may seem like good enough motivation for one to keep at their career.

        Every morning Monday through Friday you go to work 9 to 5 sitting their punching away the hours stressing about the work at hand. This is not a way to enjoy your life. Working for 8 hours a day 5 times a week at something that makes you miserable is not the way you live life to the fullest.

        Many people who choose careers that don’t make them happy will tell you that they would all do it differently if they had the chance. You only have one life, so don’t waste it working somewhere you hate just because of the money.

        2. You’re more passionate about the work you are doing.

        There is nothing worse than having to wake up every morning during the week to mindlessly go do work you don’t even care about. However, this is never really an issue when you are passionate about the work you do. If you are not forced to work somewhere because of monetary constraint, you truly enjoy what you do and you never really work a day in your life.

        3. You can relate more to the work and come up with better ideas.

        Being forced to do work is one of the most draining experiences. While there are times at every job where you may feel the work may be draining and dull, you have to realize that not every day is going to be an enjoyable one. There are highs and lows, but when you are passionate about the work you you look past the dull days. Your creative process is also different. You are more inclined to come up with creative ideas when you like what you do.

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        4. Work doesn’t feel like it’s forced upon you.

        When you value money over your overall health and your passion, you will find yourself in an endless cycle of misery. Work no longer becomes a career or a journey, but more of a  taxing nuisance on your mind and body that has to get done.

        Every day that you go to work with this mindset you begin to hate your job more and more. While many people feel that they must work hard to retire and have money to enjoy themselves, what’s the point of enjoying yourself in your later years when you spent your life being miserable?

        5. No matter how much money you make, nothing will help you overcome the feeling of doing something you hate.

        Many accountants come into corporate America, put in reckless hours during the week and make a great paycheck on pay day. Many of them have all this money piled up, but they never really get to enjoy the fruits of their labor because their labor takes up most of their lives.

        Many of them hate their jobs because they aren’t really passionate about what they do. Is there a worse feeling than doing something you hate? Eventually this hatred will cause stress and in the long run, it will have lasting effects on your health.

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        6. You are more inclined to work later hours.

        When you work somewhere that you are passionate about, putting in later hours isn’t as much of a burden as it is when you don’t like what you are doing. To you, putting in the extra hours doesn’t hurt as much because you don’t feel like you are forced to do it, which makes the experience that much more enjoyable.

        Every industry has a busy season and without a doubt there will come a time when you will need to put in the extra hours. Will it be easier for you to work longer on something you can relate to or something you can’t stand doing?

        7.You are willing to go above and beyond the call of duty.

        Certain obligations at your work will require you to go above and beyond the call of duty. In certain times during the busy seasons, you may be asked to do certain tasks that are not part of your everyday schedule. It is much easier for you to put in the extra work if it’s something you actually care about. Because you are passionate about your job, you will be willing to put in the extra effort to go beyond what is required of you.

        8. No obstacle will stop you from achieving success.

        When you really enjoy what you do, nothing will stop you from getting your work done. Because you are passionate about what you do, you feel unstoppable and nothing can obstruct you from achieving greatness. Your passion ignites your work, and like a rocket, it accelerates you past road blocks that may come about. Any obstacle that comes your way is accepted and fought off with a creative solution.

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        9. Our working careers will consume most of our lives, so we might as well do something we enjoy.

        You will spend a majority of your life working and there is no other way around this fact unless you are born into a wealthy family or marry rich. For the rest of us who weren’t fortunate enough, we will be spending a good portion of our lives working in order to make ends meet.

        There is no way around this, so we might as well accept the cards we are dealt. Many people go about this the wrong way because they feel like work is something they have to do rather then something they can enjoy. Once you realize that your career should be something you enjoy, then you will lead a more happy and fulfilling life.

        10. You will get more fulfillment when you finally make it.

        There are few feelings better than achieving a level of success you set out for yourself. Nothing like crossing off your bucket list of goals you set out for yourself to achieve. When you finally reach the pinnacle, it is that much more enjoyable knowing you got there doing something you love. Remember work doesn’t have to be something that you hate doing, stay true to yourself and always do what makes you happy.

        The 10 Reasons You Should Follow Your Passion And Not The Money | Elite Daily

        Featured photo credit: Randalyn Hill via unsplash.com

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