Are you struggling to save money around the home? Anyone asked whether they like to waste money tends to give the same response – namely, no. We all want to control expenses and save money. It’s often easier said than done though.
The most common excuse is that all expenses are necessary, leaving no money in your hand or account at the end of the month. There are many easy, creative ways through which you can save money in the home. Some expenses are small, but they add up quite significantly over a month – or even a year!
This makes managing your property easier, efficient and – perhaps most importantly – more stress free. Let’s review some of the best ways you can save money around the home.
Adjust your thermostat
If you forget to adjust thermostat levels, HVAC / heating system needs to work harder to keep your home warm during the winter and cool during summers. Your electricity bill can go down as much as 10-20% if you monitor its use. Don’t keep it on any longer than you need to! Many homeowners forget to adjust their thermostat. Even minor changes over a few hours a day can, in the long term, save considerable expense on a month-to-month basis.
Stay smart with food
Many families tend to cook more food than necessary, often much more!
Most of this food either goes to waste or is later consumed. However, later consumed food adds more calories to your diet. In other words, there are dietary consequences as well as expense consequences when it comes to leftover food.
Don’t keep food lying around the home. Instead, just don’t cook it in the first place. Monitor how much food the family is consuming and adjust accordingly. You’ll have more food in the fridge and cupboard at the end of the week – saving you an immeasurable number of dollars over both the short and the long-term.
In addition, don’t purchase any more food than you need to. Cut down on luxuries. Think about it – saving $15 on luxuries a week – which is a small, conservative number, reduces your food bill by almost $800 per year!
Grow fruits and vegetables
Your property may be blessed with extensive greenery; perhaps you have a conservatory, too. What better way to use this zone than to grow your own fruit and vegetables. Even if you don’t have green fingers, you’d be surprised how quick, easy and hassle-free the process can be. There’s nothing like fresh fruit and vegetables – nothing more satisfying than eating your own produce (free from harsh pesticides and herbicides, too).
Tending to your garden is also a great way to alleviate stress. Managing your property’s expenses extends to the outside, too!
Getting to grips with DIY
Maybe you don’t have green fingers, but perhaps you’re adept at do-it-yourself jobs? Learn to save money around the home by tackling DIY.
Think about how much money you spend on handymen every year? It can easily rise into the hundreds, if not thousands of dollars. Some jobs are so small that, with a little ingenuity and some assistance from your friendly search engine, you can do them yourself.
We don’t mean you should attend to every DIY duty but there may be some, however small, that you can roll your sleeves up and give your best shot.
Saving money throughout the home doesn’t need to be difficult.
The tips and tricks listed above do, though, go some significant way toward saving expense. For instance (per month):
– $40 saved on thermostat
– $100 saved on food (for 2-4 people)
– $20 on growing your own vegetables
– $30 on small DIY tasks
We’re talking over $2,000 per year! And these are conservative estimates – your DIY may be higher during the year, often much higher! So while these tips may seem to save small, they add up to really help you save money around the home.
Triumph is the leading property management company throughout Las Vegas – full-service management than includes accounting, tenant selection, maintenance, maintenance and eviction services. Check back to our real estate blog soon for even more great tips on saving money in the home!