Do you know that saving is essential, but you don’t know where to start? You are discouraged with the methods you have seen on how to save money at home?
There are many better ways that you can use to save money at home. In this post, we share 30 ways to save money at home.
30 Easy Ways To Save Money At Home
1. Pick the right home
Moving can be very costly, and the best way to avoid spending on moving expenses is by choosing the right home where you could raise your kids and stay there for the rest of your life.
Well, this is assuming that your job won’t need you to move someplace else and that your neighborhood will not be affected by any catastrophic natural disaster.
2. Turn off the lights!
This one is the simplest and maybe the most natural way you can do to save money at home. Turn the lights off when you are not using them. It will surely help you in saving on your electric bill.
3. Change your lights and use LED!
LED light bulbs use less energy and they last longer than regular light bulbs. You can change your regular bulbs with LED bulbs to save some money on the electricity bill.
4. Save money at home by unplugging your appliances
Another simple way to save money at home is by unplugging your appliances when no one is using them. If you are always out of the house or apartment because of work, then make sure that all your appliances are unplugged before you leave.
According to GoGreenInYourHome.com, plugged appliances can still consume anywhere from 1 watt up to 50 watts of electricity. One watt may not be that much of energy being wasted but imagine if there are 20 electric appliances plugged using 1 watt of energy, that’s 20 watts of energy already being wasted.
A single cellphone charger plugged without a cellphone being charged can consume 1 watt of energy. The same cellphone charger will consume 4.5 watts of electricity with a fully-charged phone plugged into it. The same cellphone charger may consume 8 watts of energy while charging a cellphone. (Source)
5. Buy energy-efficient home appliances
We live in an era where energy-efficient appliances exist. Has it ever crossed your mind that maybe it’s also a good time to upgrade your home appliances to more energy-efficient ones?
Tip: When shopping for appliances, you should always look for the Energy Star label, because these appliances consume 10 to 50 percent less energy than their conventional counterparts.
6. Properly place your appliances
Placing your appliances in the right location can also help you save money and energy at home. How?
Well, Take for example refrigerators, because refrigerators consume more electricity when they are placed in the wrong location, so where should you place them?
Your refrigerator shouldn’t be near the stove or any source of heat, and the back of your refrigerator should be at least an inch or two apart from the wall. The more space it has apart from the wall, the better.
Your refrigerator needs some breathing room and giving it some space on it’s back, and side areas would be great.
7. Clean your refrigerator once every two months
Cleaning your refrigerator is another good way to save money at home. Cleaning it often will lessen the energy that it consumes to cool the things inside of it and help it maintain its efficiency for longer periods.
9. Make less use of air conditioners
These appliances have increased in millions of homes and are one of the reasons why you can always receive a high electric bill. They provide a cool temperature, but they use a lot of electricity.
Thus, do not exaggerate too much with the temperature for the interior of the house. It should be set at 20º C, which is kind enough to get through a hot summer. For each degree temperature is lowered, the energy expenditure increases by at least 5%.
10. Grow your vegetables
Save money at home by growing your vegetablesIf you have a little yard or a small place where you can plant, then you should try to grow your own vegetables. Why?
It’s because being able to have your vegetable garden can lessen your food expenses and increase your saved money.
Get some vegetable seeds at your local store, plant them, take care of them, and after several weeks you can harvest your home-grown vegetables.
Vegetables such as tomatoes, spinach, rosemary, mint, peppers and carrots can be easily sown at home.
11. Check for leaks
Water leaks can cost you a lot if you wouldn’t work on it ASAP. Checking your water pipes now and then can prevent you from spending on more expensive home repairs.
Clean your dishes only once a day, and do your laundry once a week to save on water expenses
Recycling will help you to save money and also our environment. To give you an idea of the things that you can recycle, let’s use a tin can as an example.What can you do with tin cans?
Well, you can easily make a pencil holder out of a tin can. Another thing you can do with it makes outdoor lanterns; you can go here for further instructions on how to do that. You can even sell those outdoor lanterns and make some money out of them.
13. Dry your clothes in natural light
Let your clothes dry outside. You don’t always have to use the dryer to dry your washed clothes. You can hang them out and let it dry there. Doing this will lessen your energy consumption, and save you money.
14. Take advantage of daylight
The simple fact of opening the windows provides help to save energy and provides a much healthier environment. Natural light is always much better than electricity and also gives heat to all environments.
The air that enters through the windows purifies the stale air from the closed places and also help to produce more vitamin D. Thus, it is necessary to take advantage of the natural lighting of the day.
15. Save money at home by using solar panels
Solar panels can cut your energy bills anywhere between 50% and 90%.
It will cost you money in the begging, but it will save you more money in the long run. Aside from savings, you can also increase the value of your home or business by just installing solar panels.
16. Cut your cable and watch shows and movies online
Why you should cut down your cable and start saving money now, having cable is ridiculous because you’re just paying for hundreds of channel that you are hardly going to watch.
17. Buy only what is necessary.
Do not fill your fridge or pantry with food that you will not eat. Around the world, approximately 30% of the food is wasted, which means throwing money away. So take into account the exact ratios of what you will eat in the week and buy according to that.
18. Compare prices of items for the home.
Never buy something expensive without comparing prices. The differences between one store and another can be surprising and will save you a lot.You do not have to go moving from one store to another to compare prices. Nowadays with the internet you can compare hundreds of stores in a very short time.
19. Move to a less expensive area.
If you rent a home, then try to look for more accessible options in your area. Have the patience to find a cheaper place, which also gives you advantages such as more space or closer proximity to your workplace.
20. Make a home budget
Having a home budget will help you to track all the household expenses. Make a home budget based on your income and expenses and list out how much you will spend on home products in a month.
Making a home budget will give you a better idea about your expenses and help to have great control of your finance.
21. Share your house with a roommate
If you have a free room or even a comfortable sofa bed, you can consider the possibility of living with someone else and thus share expenses.
By dividing the expenses, you will automatically use half of the money you spent on many things. The money will yield much more and also; you can share experiences with a person or a group of people, which can enrich you a lot.
Currently, there are several online platforms where you can put in your rooms.
22. Rent your empty rooms
If you have some extra space or an empty room in your house, then you can rent it on Airbnb or Idealista. You will earn a few extra dollars a month, which will help you pay part of the rent or the mortgage.
Also, Airbnb allows you to save when you travel; you will find new accommodations.
23. Build your own furniture
Instead of buying new furniture, why not build them yourself?Furniture made of pallets or boxes that supermarkets throw away is increasingly fashionable. You have to wash them, paint them and put them where you see fit.
If you think you can not make furniture with pallets, you can go to second-hand stores or outlets, you will find exciting offers, and you will save a few dollars.
24. Reuse shoe boxes
If you are looking to buy storage boxes, you can reuse the shoe boxes, instead of throwing them away. To personalise them, you can paint or decorate them in different ways, create your designs and no one will notice the difference.
25. Sewing to repair your clothes
The clothes usually get damaged a little, but it does not remain unusable. Learn to change the closure of a pair of pants, repair a break and place a button. In this way, they will have a long useful life, which will save you a lot of money on clothing expenses.
26. Exercise at home or outdoors
Subscribing to a gym is useful but can become an expense. You can have good health exercising at home or doing outdoor activities that have no cost.There are television programs that offer exercises to do at home and that are easy to do. You can follow yoga classes available on YouTube comfortably from your home computer. You can also take bicycle rides, walks or aerobic races.
27. Get together with friends at home
The exits are fun, but they involve a significant expense. If you like to meet with friends, organise informal dinners in your house, or you can do them in the home of your friends or relatives. Sharing the expenses, in the same way as in a bar or restaurant, the cost will be much lower for everyone.
28. Learn cooking to save money at home
Ordering food from a restaurant can be expensive. For the same price, you can make homemade meals that are more nutritious and yield more servings. Thus to save money at home, it is good that you learn to cook. Maybe you’re wrong at first. But remember that practice makes perfect.
29. Borrow what you rarely use at home
You will always find those moments where you need something but most likely is that you do not need it again in a couple of years. Because of the need, you usually go out immediately to get it and end up spending on things that will not have any use in the future.
If you know someone has it already and will only be able to use it once. Then prefer to ask them to borrow for some time.
If you are not going to use it frequently, do not buy it.
It only means that besides spending money on unnecessary things for your home, you accumulate all that “garbage” without needing it.
30. Repair things
When something breaks in your house, it looks worn or old. Instead of throwing it away, take it and see how you could repair it or what other function it can fulfil in your home.
The best way to avoid having to buy something new and make that expense is to repair the old.
31. Go outside! (Additional One)
Sometimes the best way to save money and energy at home is to leave your house. Going outside and doing other stuff besides watching TV or being in front of your computer can save you more money than any of those money saving tips listed above.
Just make sure that you unplug all your appliances before you leave your home.
Here are some of the outdoor activities that wouldn’t cost you anything:
- Jog around your neighborhood
- Walk with your pet dog.
- Ride the bike
- Go to the library
How do you save money at home? Do you have other ways that you do to save money at home besides those listed above? comment below to share with us.