Your Appliances Are Losing You Money, Here’s How to Change That

Virtually everyone wishes, from time-to-time, that they had more money to put aside, whether for big future savings, or just for little luxuries like going out to dinner more often, or upgrading an old computer without having to suffer pangs of guilt at the waste of precious resources.

Image Credit: PIR04D (Pixabay)
Image Credit: PIR04D (Pixabay)

For the financially conscious, finding areas of potential waste is a key thing to focus on. If you find you could save substantial amounts every month just by switching to packed lunches, rather than ones bought on the way to work, why wouldn’t you make the change?

One area where waste often gets overlooked is in the home, and specifically in the types of appliances we use, and the ways in which we use them.

Here are a few tricks for changing your relationship to your home goods, in order to save a few extra pennies here and there.

Tankless water heaters

Standard water heaters will contain a tank, or reservoir, of near-permanently heated water. While this means that there’s always hot water when you need it (unless someone takes too long enjoying a luxurious shower), it also requires a lot of energy in order to maintain. In other words, it costs you a pretty penny over time.

New technologies have luckily been working to phase out this more inefficient system, and the new generation of tankless water heaters heat your water quickly, on demand, whenever you open the tap, instead of keeping it preheated.

It’s important to look at tankless water heater reviews before making your purchase, as the specifics of each device will vary. Making this one change, though, can result in dramatic savings over the course of a year.

Energy saving light bulbs

Energy saving light bulbs use only a fraction of the electricity that conventional light bulbs do, and are quickly becoming standard in many homes. Various types of energy saving bulbs exist, with some using virtually no electricity at all. The catch is that some energy saving bulbs will take a while to fully “warm up” and give off maximum brightness. Newer bulbs are quickly changing this, however.

Not only can energy saving bulbs save you a good deal of money on electricity, they’re also well-known to be eco-friendly, as is the case with most energy saving devices.

Dress for the weather

Often, our natural desire to be comfortable in the home can have us lounging around in shorts and T-Shirts in mid-winter, and relying on the thermostat to keep our environment comfortable crispy.

Simply investing in comfortable sweaters and thick tracksuits or tights can allow you to keep the heating turned down, save vast amounts of money in the process, and still keep warm and cosy in the meantime.

Turn your gadgets off when you’re not using them

Leaving appliances plugged in and running when they don’t need to be is a major source of wasted resources and money in the home, and it’s completely unnecessary and easily avoidable.

Become comfortable with powering off your computer when you’re not using it, turning off lights when you leave a room, and unplugging your electric toothbrush charger once it’s fully charged.

Defrost all food in the open, not in the microwave or on the stove

Relying on the microwave or stove to quickly defrost frozen food may be convenient, but it’s also wasteful. The way of getting around this is to plan your meals well enough in advance that you can leave frozen goods in your fridge to defrost the natural and free way.

*Disclosure: This post was submitted on behalf of PennyMindingMom.com.

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