Ten Tips For Frugal Homeowners

Homeowners, are you interested in going green and saving money? Even if going green is not your goal, it’s a side effect of saving money on your house. Some of these methods will save you money instantly, some will only save you a few bucks, but they all are good ideas for homeowners looking to cut down on their monthly housing-related expenses. Here are the ten valuable tips for all homeowners that will save them money.

  1. To cool your room by just a few degrees in the summer, use a fan (or a ceiling fan if you have one installed) instead of turning on the air conditioner. You will waste a lot more electricity running the A/C so only use it when truly necessary.
  2. To keep your house warm in the winter, check the insulation and install extra insulation in your attic if necessary.
  3. The dryer wastes a lot of electricity. If you don’t need your clothes dried quickly, hang them on a clothesline and let time and nature do its thing. If you don’t want your clothes out in your back yard, hang your clothes in the laundry room.
  4. Have a dripping water faucet? Get it fixed as soon as you can because every drip means not only wasted water, but wasted money as well. Sure it’s going to cost you the cost of a plumber, but you’re going to need to get it fixed anyway so the faster you get it done the better.
  5. If your house gets unbearably warm in the summer, consider planting shade trees or adding an awning to keep the hot sun from directly hitting your windows.
  6. You can save considerably on your electricity bill by unplugging your electronics when they are not in use. I don’t mean just turning them off. I mean completely unplugging them. Your television is still drawing power even when it’s off. So if you’re going on a vacation make sure to un-plug it from the wall.
  7. Replace your light bulbs with CFL or LED light bulbs. These bulbs can be just as bright as the other ones, they use less electricity and even last longer so it’s really a no-brainer to switch.
  8. If you’re in need of a new washer, dryer or refrigerator, buy an energy efficient one. These appliances can last you for 10+ years so you’ll be saving money on your monthly bills for a long time.
  9. If you make an energy efficient home improvement you may qualify for either a state or federal tax credit. Take advantage of these tax benefits before they expire.
  10. When you warm your house up in the winter, you want to keep the warmth in and keep the cold air out. That’s why it’s imperative that your windows and doors are airtight. Put your hands near your windows and see if there’s a draft coming in, you need to seal it.

About The Author

Edwin is a marketer, social media influencer and head writer here at Frugal Wiz. He manages a large network of high quality finance blogs and social media accounts. You can connect with him via email here.

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