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Whether you believe in climate change or not we can all agree that saving money is beneficial, right?
Helping people save money at home is appreciated at any time, we spend 32.9% of our budget on our housing needs, so any effort to reduce that amount means money we have for other things, right?
Products that save energy, water, reduce waste, are healthier, and are cleaner to use:
- Saves us money
- Are healthier (which saves us in medical bills)
- Increases the value of our home
- Makes us self-sustainable
There are many more reasons, but I’ll only focus on the financial gains.
Let’s look at X ways we can save money at home that are also environmentally friendly too:
1. Programmable Thermostat
If you only buy one thing on this list – this should be it.
Getting a programmable thermostat saves you roughly 10% – 30% off your energy bill every year by setting different temperatures for different times of the day.
The Department of Labor states that you save 1% for each degree adjustment per 8 hours.
You’re gone to work 9 hours of the day (8 hours work plus commute), and you also sleep roughly 7 to 8 hours nightly – that’s where you’ll save the most.
Let’s throw out some numbers – electric costs roughly $1,475 each year and if we lower the heat and A/C by 5 degrees while you’re gone or asleep – that’s 10% saved. You’ve saved $147 a year with just a thermostat.
2. Power Saving Surge Strips
This is a power bar that everyone needs for all their electronics and appliances but with an added money-saving bonus.
Plug this into the outlet by your TV, plug your TV and its related electronics into it and when the TV is off, this smart power surge will shut down all the other peripherals. So, when you’re not watching TV, why not shut off the game console, the DVD player, the Cable box, and everything else?
Shutting all these down (and not just on standby) nightly will save you about $67 a year! Get the power bar with the USB plugs and plug in all your chargers and it will shut those off after a full charge and you’ll save even more money.
An unused phone charger that’s still plugged in costs you $1.05 a year, now multiply that by all the chargers everyone has.
Use a power bar strip in the kitchen and plug in your microwave, the coffeemaker, and any other appliance you use – especially those with clocks and shut the bar off when not using these appliances.
A microwave uses about 2W to 7W of power on standby alone – that’s 17¢ to 62¢ a month being wasted, or $2.04 – $7.44 a year.
It adds up to quite a drain on your energy budget doesn’t it?
3. Water Saving Gadgets
We all use a lot of water every day in our homes – the average water bill is about $17 – $68 a month.
The average person uses about 80 -100 gallons of water daily. Most of this is from flushing the toilet, and taking showers and baths. If there were ways to cut back on this water consumption then we can cut down our water bill, right?
If we installed various water saving gadgets around our house, we can save water and money. Such gadgets like:
Switching to low flow gadgets will save $135 a year per tap and shower head installed. Switching to a tankless water heater will save your family $70 – $80 a year.
Now let’s look at water bottles, we spend about $100 a year per person buying bottled water.
We believe it’s a healthier alternative to tap water, right? But recent reports have shown that some bottled water brands from Target, Walmart, and other stores contained arsenic.
Not so safe anymore is it?
I require bottled or canned drinks due to medical issues, but I have saved so much money by regularly switching out my fridge filter, using a filtration pitcher, and a refillable filtered water bottle instead.
4. Zero Waste Products
Did you know that the average monthly trash bill is about $12 – $20 a month? Not only that, but the average household produces about 94.5 lbs. of garbage in one week.
Some ways to reduce your trash output are:
- Join your local recycling program
- Get a compost bin and composter
- Get reusable towels, shopping bags, and storage items.
- Buy biogradable products instead of plastics.
How much does recycling save? Let’s look:
- Each ton of recycled paper saves 17 trees, 64% energy savings, a 58% water savings, and 60% less air pollution.
- Going “zero waste” and recycling can possibly save $1,200 a year!
- Composting saves you around $25 – $33 per square yard for your gardening and landscaping needs. You don’t need to buy any compost soil as you’ve made it yourself.
Over $1,200 in savings is a great motivator to start a “zero waste” household isn’t it?
5. LED Bulbs
Another simple way to save money without any effort is to simply switch out your regular bulbs to LED bulbs.
These LED bulbs only use 8.5 Watts of electricity for a 60watt equivalent.
This saves about $290 a year over incandescent bulb and about $44 more a year than the compact florescent bulbs. (The electric costs are: $328/yr for incandescent bulbs, $76/yr for florescent bulbs & $32/yr for LEDs).
Another money-saving advantage is that you won’t need to buy these bulbs as often as the incandescent bulbs. A LED bulb lasts 11,000 hours or more, whereas an incandescent bulb lasts 1,000 to 2,000 hours.
Check out the math – a LED bulb costs $1 and lasts 11,000 hours and an incandescent bulb costs $1.33 and lasts 2,000 hours. You’re replacing incandescent bulbs 5 times as often costing you $6.65 more over the LED bulb.
6. Natural Products
Replace all your cleaning products and everyday use products for all-natural ones.
These natural products are much better health-wise for your family and your pets. When everyone’s healthier there’s fewer medical bills and co-pays for visiting the doctor for various ailments that could be prevented (such as asthma attacks or chemical burns).
Let’s look at the ingredients of 2 different cleaning products:
- Meyers Clean Day Multi-Surface Everyday Cleaner:
- Water, Decyl Glucoside (plant based fatty alcohols), Various Essential Oils, Lauryl Glucoside (natural foam), Sodium Citrate (Plant salt), Sodium Methyl 2-Sulfolaurate (scrubbing agent derived from coconut), Citric Acid, Capryleth-4 (synthetic emulsifier), Tetrasodium Glutamate Diacetate (plant-based preservative), Methylisothiazolinone and Benzisothiazolinone (non-formaldehyde preservatives).
- Lysol Clean & Fresh Multi-Surface Cleaner:
- Water, C10-16 Alcohols Ethoxylated (stabilizes oil and water mixture), Alkyl (C14 50%, C12 40%, C16 10%) dimethyl benzyl ammonium chloride (surfactant and disinfectant), Fragrance/Perfumes, d-Limonene (natural citrus oil), Sodium Tetraborate Decahydrate (Borax), Tetrasodium EDTA (chelating agent made from formaldehyde and sodium cyanide, Various fragrance components, and several color dyes.
Mrs. Meyer’s Cleaner may cost $6 more, but I rather spend that and stay healthy instead of using borax and other toxic cleaners in my home and are better for the environment in general.
7. Sustainability Lifestyle
Begin saving money by growing your own food and creating your own necessities.
Sustainability at home doesn’t just reduce your “carbon footprint” but saves you money overall.
Let’s look at our grocery store trip:
- An average grocery trip is 4 to 6 miles roundtrip – so, on a 13-gallon tank it costs 44¢ and 99¢.
- Shoppers go an average of 1.5 times per week – 66¢ to $1.49 in gas.
- The average family’s weekly shopping bill is $118 – about $5 each grocery trip paid in sales tax.
An average week is costing you $5.66 – $6.49 in extras for grocery shopping alone.
Other ways to save money by adopting sustainable living practices are:
- Hang clothes to dry – Using a clothesline saves you 36¢ a load, or $2.88 – $3.60 a week
- Use a Rain Barrel – Get a rain barrel to collect rain water and water your garden, lawn, wash your car, water your indoor plants, and water your pets. You’ll save $35 in the summer.
- Plan your landscaping – Plant trees and bushes strategically to provide shade in summer and provide a wind barrier in winter. You’ll save 25% on your heating and cooling.
- Plant a garden – A simple 4X8 foot backyard garden can save over $600 in your grocery bill in a summer. (Not to mention the mental health benefits).
- Get a bike – Not only is it healthier for your overall, it saves $1,000 a year commuting to work.
You don’t have to go “off-grid” at all to save money with a sustainable household.
8. Buy Used
Buying used stuff is a form of recycling and honestly is much cheaper than brand-new.
How much cheaper? Let’s see:
- A new iPhone XR costs $749, but if you got an iPhone that’s only 2 generations older and refurbished, you’ll save $300. An extra savings bonus – trade-in that iPhone after you’re done and get $285 back!
- A new 2019 Kia Sorento is about $26,290, but a five-year-old one (2014) is only $15,250 – a difference of $11,040!
- A new pair of women’s Levi jeans cost $49 at Walmart. I got a pair at a consignment shop with the tags still attached for $7. A savings of $42!
- A new baby crib at Walmart is $120, there’s one listed on Facebook’s Marketplace for $30.
You get the idea, having used belongings never means poorer quality or a poorer lifestyle, and it makes a world of difference for your budget.
9. Go Solar
I don’t mean having to install solar panels across your roof, even though that’ll save you your whole electric bill eventually, is still expensive to begin with.
But you can still start small solar-wise and save money. Get products such as:
- Solar Powered Phone Charger – Save about $1.96 per year, for charging and not having an unused plugged charger in, not to mention savings on the car battery as well.
- Solar Powered Motion Sensor Light – Install this as your porch light and save $11 a month off your electricity bill.
- Solar Powered Swimming Pool Heater – Save about $6 – $8 an hour on electricity for heating your pool.
- Solar Rechargeable Battery Charger – Save twice as much money. Save $6.29 a year on electricity plus $2,800 a year on the batteries.
Check out this Kindle book for other small solar projects you can achieve yourself.
10. Weatherize your Home
Weather-proofing your home not only saves you money, but adds value to your home when it’s time to sell.
- Home performance check – Your local electric company can do a home performance check and list where you’re losing and wasting energy.
- Thermal Leak Detector – Detect any drafts from windows, doors, outlets and such and you then can insulate them.
- Water Tank Insulated Blanket – Insulate your water tank and your hot water pipes and save 7% – 16% in your energy bill yearly.
- Seal your Windows and Doors – Easy to apply stripping around the edges can save 5% – 10% on your energy costs.
- Apply film on Windows – Applying a weather seal on windows saves about $300 a year in heating and cooling costs.
Small things like this can make big differences in your home energy costs and create less energy consumption which helps conserve the planet.
As you’ve read, it doesn’t take much energy to save energy. In the end, you and your family are healthier and have more money to divert to your other financial obligations.
Read our other Environmentally friendly articles:
- 11 Green Money Saving Tips That Are Also Good For The Environment
- 10 Simple Ways To Travel Green That Could Save You Money
- Vegetable Container Gardening 101: A Strategy to Cut Grocery Costs
- 9 Easy Ways On How To Green Your Home & Save Money
- bUnited Review: Earn Money to Unite Everyone and Be Socially Conscious