24
Jun
11

Save Money This Summer: Simple Money-Saving Switches

Having a bad day? Just lost your job? Did your rent suddenly go up even though your land lord is barely visible and has never cleaned the floors of your building?

All of the above! No fear — life may suck, but you can find little ways to save money — if you are willing to do it.

Believe it or not, simple switches can have a major economic impact on households.
Use Rags, Not Paper Towels – I know, you think you are saving on laundry and time, but think again. Yes, paper towels can have many uses . We use them for everything from dusting to dinner napkins. But choosing this disposable product instead of opting for a reusable option could be costing you more than you think.
Use Generics, Not Brand Name – Unless you’re an extreme couponer — and we wont’ even GO there — you can probably save more money by switching to generics. Just on cereal alone you can save up to $3 a box by opting for the store brand.
Use Cold Water, Not Hot – Using cold water to wash your clothes gets them just as clean, but doesn’t use as much energy. That’s because your water heater requires gas or electricity to heat up water for each load. By making this simple switch you’ll save more than $100 a year, according to experts.
Use Movie Rental Kiosks, Not Stores – Renting a new release movie from a Blockbuster video store can cost more than $4. Find a Redbox or Blockbuster Express kiosk in your area and you’ll get to see the same movies for just $1 a night.
Use Filtered, Not Bottled – If you fill reusable water bottles with filtered tap water instead of buying bottles from the grocery store you’ll save more than $800 a year. Plus you’ll be saving about 30 pounds of plastic from ending up at the dump.
Use Online Bill Pay, Not Stamps – Most banks offer free online bill paying options. This means you don’t have to pay for stamps which are currently $.44 a pop. Depending on how many bills you mail each month that could equal out to about a $50 annual savings.
Use CFLs, Not Traditional Bulbs – According to EnergyStar.gov, if every American home replaced just one light with a light that’s earned the ENERGY STAR, we would save enough energy to light 3 million homes for a year and save about $600 million in annual energy costs. How does that translate for your household? One bulb swapped out can save about $40 in electricity over its lifetime. Crazy, right?

Do you know any other money-saving tips? Tweet me!

 

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1 Response to “Save Money This Summer: Simple Money-Saving Switches”


  1. 1 Nancy Reid
    June 24, 2011 at 12:21 pm

    Thanks for all the money saving tips! I have already incorporated the idea of using rags and
    have saved a bundle on paper towels not to mention the environmental impact.


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