Personal Finance Information

Save Money Off Your Home Utility Bills


Many don't realize that our basic utility bills provide the perfect money saving opportunity for practically every household!

Especially with today's energy crisis so prevalent throughout many of the states, you've probably heard this term - conservation.

Guess what, conservation really means "using less". Using less energy, means you are spending less money. Inevitably, conservation goes hand in hand with saving money.

We sometimes lose sight of the fact that the water, gas and electricity we use in our homes, always comes back to us in the form of a lovely bill. Use the tips below and you may be surprised to find yourself saving $1000 or more every year.

ELECTRIC
~~~~~~~~~

* Fans can really cool a house in warmer months if set up properly. Ideally, you want to set up fans to draw in cool air (shady side of house) and circulate into the warmer areas.

* Get in the habit of turning off ALL lights and appliances that are not being used. You'll be surprised at how quickly the energy savings will add up.

* TURN THE TV OFF! Did you know that leaving the television on is the number one electricity waster in the world? When everyone is finished watching television, especially before going to sleep, turn it off.

* Replace all "non-reading" lights with lower wattage light bulbs or possibly the new "energy plus" bulbs for even more savings over time.

* Get in the habit of hanging your clothes to dry, possibly on a clothesline in a bathroom.

* Insulate! Insulate! Insulate! our number one money saving tip! Check the weather stripping around doors and windows. Caulk or foam insulate any place where outside air has a chance to get in. Don't forget to insulate your attic floor with either "roll" or "loose-fill" insulation.

* Long Term - Install ceiling fans throughout the house. You can then start decrease A/C usage and during winter months, the fans will help circulate warm air throughout the house.

* Long Term - Plant tall shrubs and brushes. Not only will this beautify your property, but also shade your home causing less need for the A/C in summer months and help block out harsh winds in colder months.

WATER
~~~~~~~

* Check to make sure none of the faucets & spigots in your household are leaking/dripping. A slow dripping faucet can accumulate over two gallons per hour.

* When watering the garden, set a schedule and try to water in the early morning hours to help minimize evaporation (between 6am-8am)

* Avoid taking baths and long showers.

* Leave the faucet OFF when you are brushing your teeth or shaving. Only turn it on when needed.

* If you must wash your car at home, only turn on the hose when you're rinsing.

GAS
~~~~

* During winter months, light a fire for warmth instead of using the central heating unit. Wood is still cheaper than gas. * check and make sure fireplace is working properly

* Wear seasonal appropriate clothing around the house. Get used to wearing sweaters and pants during winter months. You'll find that you won't need to turn the heat up as high.

* Lower the temperature on your gas water heater. You really don't need water heated up to 180 degrees. Lower it a bit and save.

* Turn off stove and oven a few minutes before time is up. Residual heat will finish the job perfectly.

PHONE
~~~~~~~

* Compare the prices of various long distance providers and ask the representative which plan provides you the greatest savings based on your calling history. With all the long distance companies on the market, don't be afraid to change to one that's more appropriate for you.

* Get used to email and the Internet! It costs little to nothing to use, and now with instant chatting services like Yahoo Messenger, here's the perfect money saving opportunity.

* Find a good reason to have people call you. You can even come up with a good excuse for them to "call you back".

HAVE A FAMILY? MAKE A GAME
~~~~~~~~~~~~~~~~~~~~~~~~

If you have a family, turn this utility saving exercise into a GAME! Make some type of 'agreement' with all the family members where the savings accumulated each month will be put into a 'savings jar'. Then after six months or a years time, a nice vacation can be arranged.

Sit down with everyone when the bills come and compare the savings from month to month. Not only can this be an educational experience for your children, but it's the perfect opportunity to get the whole family involved working towards a goal.

Gregory Thomas, editor of http://www.SavingSecrets.com - has written hundreds of effective money-saving tips, strategies, and articles over the past 6 years. Visit their website and you'll find FREE money-saving articles, a monthly newsletter, and even a FREE Ebook download just for stopping by!


MORE RESOURCES:

04/24/2024
Insurance - NerdWallet
Looking for the cheapest car insurance? Want to find the best home insurance policy? Wondering what type of life insurance you need? We’re here to help. Compare companies, read reviews and see our best picks — all on NerdWallet.


more info


04/24/2024
Travel Money Hub: Loyalty Programs, Cards, and More - NerdWallet
Dreaming of a vacation? We've got the tools and tips to help you compare and find the smartest travel credit cards and loyalty programs. Future you will thank you.


more info


03/26/2024
New Robinhood Credit Card Will Earn 3% Back on Most Purchases - NerdWallet
The Robinhood Gold Card won't have an annual fee, but to get the card you must be a Robinhood Gold member, which costs $5 a month as of this writing.


more info


03/26/2024
3 Ways AI Could Transform Your Insurance Policy - NerdWallet
As insurers use artificial intelligence to make better predictions, AI technology could spur major changes for insurance customers. Learn more about what to expect.


more info


03/26/2024
Taryn Phaneuf, Lead Writer - NerdWallet
Taryn Phaneuf is a lead writer at NerdWallet. She previously spent more than a decade reporting on business, education and public policy for local news outlets.


more info


03/26/2024
Financial News - NerdWallet
NerdWallet reporters bring you the latest in financial news, with a focus on what it means for your wallet.


more info


03/26/2024
Lottery Pool? Take These Precautions Before Diving In - NerdWallet
A lottery pool can be a thrilling way to socialize with coworkers. But if luck strikes, the stakes can be a lot higher. Here's how to avoid legal tangles.


more info


03/26/2024
Latest FAFSA Error Affects Aid for 200K, Offers for Everyone Else - NerdWallet
The Education Department miscalculated the financial need of roughly 200,000 dependent students who submitted FAFSAs before March 21 — nearly 15% of processed forms. Those students could get less aid than they expect, and everyone else might face further delays.


more info


03/26/2024
What’s at Stake as the Supreme Court Hears an Abortion Pill Case? - NerdWallet
The U.S. Supreme Court is hearing oral arguments in FDA v. Alliance for Hippocratic Medicine, a case that could limit access to mifepristone.


more info


03/26/2024
Best Balance Transfer Credit Cards of March 2024 - NerdWallet
Save money while getting out of debt by doing a balance transfer: Moving debt to a card with a 0% introductory interest rate and low fees.


more info


03/26/2024
Best 0% APR and Low Interest Credit Cards of March 2024 - NerdWallet
Using a credit card with an introductory 0% APR period can save you big money when financing a major purchase. See all of our expert recommendations.


more info


03/26/2024
Best Cash Back Credit Cards of March 2024 - NerdWallet
Cash back is the most flexible credit card reward, since you can use it for anything. Our list will help you find the perfect card for the way you spend.


more info


03/26/2024
New Breeze Airways Credit Card Takes Flight With Up to 10X Back - NerdWallet
Airline also launches Breezy Rewards, the airline’s loyalty program, which supercharges rewards earned with the credit card.


more info


03/25/2024
Buying Life Insurance if You're Transgender - NerdWallet
Your gender identity doesn’t impact your eligibility for life insurance, but there are a few things to be aware of when you apply. Learn more now.


more info


03/25/2024
Egg and Chocolate Prices Are Hopping — Just in Time for Easter - NerdWallet
Bad weather and disease are straining the supply of cocoa. Meanwhile, another outbreak of bird flu is pushing up egg prices again.


more info


03/24/2024
Jae Bratton, Lead Writer - NerdWallet
Jae Bratton is a writer on the credit cards team at NerdWallet.


more info


03/24/2024
Mega Millions, Powerball Jackpots Near Combined $2 Billion - NerdWallet
The Mega Millions jackpot is now $1.1 billion, while Powerball has grown to $865 million. Mega Millions will be drawn on Tuesday night; Powerball on Wednesday.


more info


03/23/2024
Government Shutdown Threat Finally Put to Rest — For Now - NerdWallet
Congress missed its midnight deadline, but shortly thereafter approved the final set of appropriations in a $1.2 trillion spending package. The last-minute deal prevents a government shutdown that would have furloughed government workers.


more info


03/22/2024
Alaska Access: The New Subscription Service from Alaska Airlines - NerdWallet
Like its existing Flight Pass subscription, Alaska Access could be a good deal for frequent Alaska flyers looking to get the best deals with the airline.


more info


03/20/2024
American Airlines To Add Streaming and Free Wi-Fi - NerdWallet
American Airlines says it will be the first airline to offer video streaming capabilities on its entire mainline fleet. It is also offering free Wi-Fi with ads.


more info


03/20/2024
Fed Chair Powell: Rate Cut Risks Are ‘Two-Sided’ - NerdWallet
For the fifth time in a row, the Federal Reserve paused the federal funds rate at 5.25%-5.50% as Americans continue to wait for lower rates to cut costs on mortgages, credit cards and other loans.


more info


03/20/2024
Tailpipe Emission Rules Give Automakers More Time to Ramp Up EVs - NerdWallet
New stricter rules for vehicle emissions are expected to roll out more slowly than initially proposed last year, which gives automakers more time to beef up electric vehicle stock.


more info


03/20/2024
Powerball Hits $750M as Mega Million Jackpot Nears $1B - NerdWallet
The estimated Mega Millions jackpot is $977 million, while Powerball has grown to $750 million. Drawings are Friday and Saturday respectively.


more info


03/18/2024
How Is the Economy Doing? - NerdWallet
The state of the economy is generally strong and inflation is slowing down, but still remains elevated. The Federal Reserve is looking at key economic indicators to signal it’s time to cut rates.


more info


03/18/2024
Caitlin Mims, Content Mangement Specialist - NerdWallet
Caitlin Mims is a content management specialist on the credit cards team at NerdWallet. She has covered credit cards, credit scores and retirement planning.


more info



home | site map | contact us