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.
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!
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.
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.
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.
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.
For more ways to save money from all over the internet, check out our Saving Money board on Pinterest. And don’t forget to sign up for our newsletter and follow us on Facebook!
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A shoddy-looking front yard could undermine all that hard work you put into beautifying the inside of your home, and that could jeopardize your chances of selling.
The post 6 Modest Front-Yard Updates Home Sellers Should Never Forget appeared first on Real Estate News & Insights | realtor.com®.
If you’re one of the millions of Americans who have declared bankruptcy, financial recovery can seem like a pipe dream. But don’t give up. According to a study by the Consumer Financial Protection Bureau, people’s credit scores increased steadily after filing for bankruptcy. While any credit improvement is good news, is it enough to offer… Read More
The post 5 Steps to Buying a Home After Bankruptcy appeared first on Credit.com.
The post How to Plan a Vacation as a Family appeared first on Penny Pinchin' Mom.
Summer means many things. School is out; the kids get to splash in the pool and go to summer camp. It is also the time when most families take a vacation. Well, or they would like to. The reality is you may dream of a vacation where you can spend your days relaxing on a … Read More about How to Plan a Vacation as a Family
The post How to Plan a Vacation as a Family appeared first on Penny Pinchin' Mom.
When it comes to buying a home or renting, there are many things to consider. While there are tons of resources on the financial implications of both options, Iâd like to share my thoughts on buying versus renting from an…
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The post Home Ownership vs Renting As A Minimalist Lifestyle Decision appeared first on MintLife Blog.
For products in its class, the Chase Freedom® Student credit card gets good marks, thanks in part to its credit-building features and solid incentives. The cardâs underwriting is friendly toâ¦