BudgetMath.com Budget Calculator Logo
The Ultimate Budget Calculator / Financial Manager
 

Every Day Tips for Savings Money

Tips for saving money on electricity:

Unplug all of the following when not in use (don't just turn off):

  • Unplug surge protectors
  • Unplug cable box at night
  • Unplug stereo system and receiver
  • Unplug cell phone chargers when not in use
  • Unplug computers, printers, fax machines, and all other office equipment at night
  • Unplug fans (including ceiling fans) when not in use
  • Unplug air conditioners (a/c units)
       -Also clean/replace the A/C filter regularly to help it run more efficiently and cut cooling costs

During the winter: Set temperature to 68 degrees and the thermostat fan to auto (if possible). When you go out, set temp. to 65. When you get back home, bring it back up to 65.

During the summer: Set temperature to 78 degrees and the thermostat fan to auto (if possible). When you go out, set temp. to 82. When you get back home, bring it back up to 78.

The U.S. Dept. of Energy recommends keeping the temperature of your water heater set at 120 degrees. If you reduce the temperature from 140 to 120, you'd save about $7 a month.

If you leave your home for the weekend or for a long period of time, unplug EVERYTHING UNCESSARY! Imagine you leave for a week. That's 25% of a month. If you unplug everything for that week, you'll save 25% on your electric bill!

If you have a dish washer (and don't pay for your water) try to limit its use. It costs somewhere between $.50 to $1.00 per dish load to use it. If you don't pay for water, then it's definitely cheaper to wash your dishes by hand. However if you do pay for water, it may cost almost the same amount of money to wash by hand. When using a dishwasher, always adjust the water level to match the load size, especially when using hot water. And ALWAYS use a cold rinse!

Clean the lint filter in your clothes dryer BEFORE every load. This dries your clothes faster.

Turn off lights when you're not in the room. And while you're at it, trade in all of your old style (incandescent) light bulbs for the new energy saving bulbs. You save money and have to change them less often.

Make sure your windows are sealing properly. If when closed, they're letting in the outside air, then you're losing money on heating and A/C costs.

Other ways to make extra money or save money:

Use deal websites like Google Offers, Groupon, Living Social, etc..

Cook at home more often limit eating out. Limit your eating out only to the deals you find on these sites.

Make sure you have the right cell phone plan. Check to see how many minutes you use. Downgrade if possible.

Make sure you have the right cable plan. For example, don't pay for movie channels that you're not watching! Only pay for what you watch!

Consider getting rid of your land line. it may feel strange at first to not have one, but you'll get used to it. They really aren't necessary anymore

Sell your old books on ebay.

Convert your CDs to mp3s and sell the CDs on ebay. Selling CDs and books on ebay is a lot easier than you might think it is. All you need to do is type in the ISBN number (the number under the bar code in the little white box on every piece of media). All of the item's information automatically comes up. Then you just click sell.

Have a garage sale or sell your old stuff at the flea market. one man's junk is another man's treasure!

Save all returnable drink bottles to return them for money! It may seem not worth it. But if you save all of your bottles in an out of the way place (in the basement?) and then once a year or twice a year make a day out of it. Depending on the size of your family and how much is drank, you could get $50 to $100 a year!

And of course the NUMBER ONE MONEY SAVING TIP:
Plan a budget using our budget calculator!!

Having a firm understanding of your finances is very important. And our website provides the easiest way to do that.