Money Saving Strategies

5 Workable Money Saving Strategies for Homeowners

Right now, regardless of any other factor, is the time for you as a homeowner to start implementing ways to save money. Below are some strategies that you can follow to reduce your maintenance costs and utility bills significantly in the long run.
  1. Install ceiling fans
These are low-cost solution to circulate the flow of air in your home. This circulation effect allows you to keep the thermostat at couple of degrees higher in the summer or lower in the winter. Also note that the ceiling fan should not blow air onto you in the winter as opposed to the summers.
  1. Invest in a programmable thermostat
The programmable thermostats are feasible because they can be timed to reduce the temperatures at different intervals. You can time the thermostat to a higher temperature during the middle of the night and set it to the preferred temperature in the morning before you are awake. You will not feel the variance, yet the energy bill will tell an entirely different story.
  1. Dry clothes on a rack or a clothes line
Dry some of the smaller pieces of clothing on a rack in the laundry room. It is better to have a clothes line in the backyard to dry your clothes in the natural breeze as dryers consume a lot of energy.
  1. Carry out a plumbing survey
Check for leakages in the plumbing system of your home. Got a leaky pipe or a facet? Fix the problem immediately for the leaking water will cost you money and can also cause mold to grow.
  1. LED and CFL light bulbs over incandescent bulbs
CFL and LED bulbs help in saving energy and consequently your money too. To make things even better, they last longer than the incandescent bulbs. CFL are cheaper than LED bulbs but the latter has better performance.