5 Ways to be Better at Conscious Consumption
Weâve all been there. You walk into your favorite store, the one with the amazing branding and the conveniently set up dollar bins and somehow walk out with $100 worth of stuff when you just went in for conditioner. Or…
The post 5 Ways to be Better at Conscious Consumption appeared first on Modern Frugality.
The Millionaire Next Door Book Review [6 Important Lessons]
You know that plumber who lives on your street and drives the beat up pickup truck? Heâs much more likely to be a millionaire than the executive next door driving the BMW. Donât believe me? Well that was a common theme found in The Millionaire Next Door:The Surprising Secrets of America’s Wealthy by William Danko […]
The post The Millionaire Next Door Book Review [6 Important Lessons] appeared first on Incomist.
How to (Actually) Stop Overspending on Christmas Presents
Here are the 5 steps you need to take to stop yourself from overspending on Christmas gifts The excitement, the gingerbread latte is now kicking in … the click-clack of your shoes racing down Target’s floor tiles… as you frantically snatch the must-have toy of the season off the shelf, clutching it possessively to your […]
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The post How to (Actually) Stop Overspending on Christmas Presents appeared first on Money for the Mamas.
What To Do With Your Tax Refund (10 Smart Tax Refund Investments)
Few things brighten up a dull, cold winter like a robust tax refund from Uncle Sam. In 2019, the average tax refund was $3,068âthatâs a lot of extra dough. But before you go on a shopping spree or otherwise splurge with…
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The post What To Do With Your Tax Refund (10 Smart Tax Refund Investments) appeared first on MintLife Blog.
A Financial Vision Board: How to Create One to Make Your Life Goals a Reality
Learn the four essential steps to creating your own financial vision board from the experts who wrote the book on it.
The post A Financial Vision Board: How to Create One to Make Your Life Goals a Reality appeared first on Discover Bank – Banking Topics Blog.
How to Make Moving During the Holidays a Painless Experience
Don’t let moving during the holidays put a damper on the most wonderful time of the year. These tips will help make it less hectic and more bearable.
The post How to Make Moving During the Holidays a Painless Experience appeared first on Real Estate News & Insights | realtor.com®.
How to Slash Your Electric Bill by Heating Less Water
Does Turning Off Your Water Heater Save Money?
Yes, turning your water heater off when you’re not going to need hot water will save you money—but you may have to wait awhile before you have hot water again. It’s definitely worth it to turn it off while you’re out of town, and you may also want to invest in a water heater timer, which is like a programmable thermostat for your water heater. A better option, however, is turning down the heat!
Turn Down the Heat
You never use your water on full-blast hot anyway (140ºF!), so it’s worth it to lower how hot you keep your water heater. You can save up to $125 per year by simply lowering the thermostat on your hot water heater from 140º to 120º F—and you probably won’t even notice the difference.
Buy Your Water Heater a Jacket
A water heater insulation jacket (also called a blanket) costs $15–$35, but it can cut the cost to heat your water dramatically. By insulating your water heater, you’ll cut down on the amount of energy it needs to use to heat standing water in half, also cutting down on the amount you need to pay. To find out if you need a water heater jacket, touch the side of it. If it’s warm, it’s leaking energy. You may also want to insulate your hot water pipes.
Drain Your Water Heater to Save
Make sure to drain your water heater once a year to get rid of sediment. Left too long, this grit can build up until you’re using energy to heat sludge. Flush it out to use less energy and save.
Wash Clothes in Cold Water
Cut down on the amount of hot water you use by washing your clothes in cold water with a cold rinse. Due to advances in detergents and washing machines, the only time you really need to use warm or hot water is when you need to get a really bad stain, like red wine or oil, out of an article. Not only will you help the environment, you’ll save money on heating the water, too.
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