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How to Save Money on Heating This Winter

Heating during the winter can be a family’s biggest expense. Yet no one wants to go cold, particularly when the temperatures approach freezing. Good news – there are some easy ways to save money on heating this winter and still stay warm.

#1 Add a blanket to your bedtime – At night, there’s no reason to keep the thermostat set to seventy degrees. Lower your thermostat to somewhere between sixty and sixty five and add another blanket to your bed. You’ll sleep better in the colder temperatures and you’ll save money on heating.

#2 Use the sun – Open the curtains on the south side of your home. The sun’s rays, even during the weak winter hours when the sun is furthest from Earth, will help warm your home by a few degrees. This is particularly effective if your home faces the south and you have a lot of windows. You can warm your home by ten to twenty degrees. However, even if you only have a few south-facing windows, open the curtains and let the sun do some work.

#3 Thermal curtains and window treatments – There’s often a lot of heat loss through windows and doors. Thermal-backed curtains and insulated window treatments can help. They work by keeping the heat in during the winter and out during the summer.

#4 Check for draughts around your windows and doors – It may not be in the budget to replace your draughty doors and windows. If you can, by all means do so. You’ll save hundreds, possibly thousands, of dollars over the life of the window. However, if it’s not in the budget, check for draughts around your windows and doors and seal them. You can use the heat shrink winterizing plastic covers on your windows. If the draught is from the window casing, you can also caulk the space.

#5 Check the insulation in your home. Too much insulation pushes the heat out your windows. If your windows often have a lot of moisture on them during the winter, this may be the case. Too little insulation allows the heat to escape through your roof. If the snow melts on your roof quickly, this may be the case.

Finally, take a look at your thermostat. Do you normally keep it at seventy to seventy-five degrees during the winter? If so, turn it down a few degrees. You likely won’t notice the difference in temperature but you’ll be sure to notice the difference in your heating bill.

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How to Cut Back Your Utility Bills

by Frugal Simplicity

How to Cut Back Your Utility Bills
Winter is coming and so for those that don’t know how to live frugal, those huge utility bills… but it doesn’t have to be that way! With a few small changes, you can save a lot of money on the cost of your utilities.

Your utility bills are one of those grin and bear it types of monthly payments. They’re expected, sometimes anticipated, and rarely appreciated. Well, rather than suffer in silence, there are real frugal steps you can take to cut back on those utility bills. And you can do it without living in the dark and suffering uncomfortable home temperatures. Here’s how:

1.  Turn down the temperature. No, not the temperature in your home, the temperature on your hot water heater. The less your hot water heater has to work, the more money and energy you save. It’s also safer to keep the hot water setting lower. Wash your clothing on cold or warm, use the recycle option on your dishwasher and only run it when it’s full. Take shorter showers and stop leaving the faucet running. The more your water heater has to heat the water, the more money you’re spending.

2.  Let the sunshine in. This is of course only a policy in the cooler months. The heat from the sun’s rays can warm your home five, ten, sometimes even fifteen degrees, depending on the time of day. This can save your furnace a lot of extra effort and energy. It’ll also save you good money each month.

(During the summertime, keep the sun’s rays out to keep your home cooler.)

3.  Give them a tune up. Any appliances that use electricity or gas should be maintained. That includes your refrigerator, hot water heater, furnace, air conditioner, stove and even your grill if it runs off of your gas line. Make sure they’re in good operating shape. Make sure you’re not losing energy or efficiency. This means regular cleaning and routine tune ups.

4.  Run your heat generating appliances during the evening. During the warm summer months, try not to run the dishwasher, stove or washing machine during the day. They kick out heat when they’re running and that makes your air conditioner have to work extra hard. During the winter months, however, you can capitalize on household chores to help heat the home. For example, using the oven to bake can also help heat the room, making the central heat run less.

5.  Eliminate phantom load. When your appliances and electronics are turned off, they still use energy. In fact, they use a lot of energy. It’s said that if everyone unplugged their computers and laptops at night they’d save enough energy to power 100,000 homes. Experts say if you eliminate your phantom load, you can cut your energy bill by 10%.

That’s a pretty significant savings, particularly when you look at the savings over time. Plug electronics into smart strips and turn off the strip at night.

6. Don’t heat (or cool during the summer months) rooms that you don’t use. Close the door, cover the vents, etc. If the room isn’t used, there’s no need to spend money heating (or cooling) it. Also if you are gone all day working, and no one is home (or no pets, etc.), turn the heat down to a lower setting and make it more comfortable once you are home. After all, if you are gone all day, why keep the house toasty warm with no one there?

Many of the recommendations for saving energy still hold true. You can save a ton by getting a programmable thermostat, turning off the lights when you leave the room and by adjusting your thermostat to save energy. These additional frugal tips and steps will help you take your money further and lower your utility bills year around.

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Easy Ways to Stash Away Savings

by Frugal Simplicity

Easy Ways to Stash Away Savings

In today’s economy, it can seem like a difficult task to save your pennies, but it is easier than you may think. There are many different ways you can put away money that you would normally not count on seeing in any event. These savings can add up over time and create a nice cushion for you and your family in the event that the money is needed.

Saving your reimbursements is a great idea. Since you have already laid out the money, putting it aside once you are reimbursed should be easy enough. Instead of counting on the reimbursement, consider the money spent and place it in a savings account when you receive it. You may receive reimbursements from many different potential areas such as job related expenses, tuition reimbursements and many others.

Set aside money each pay period to be deposited into your savings account. The money will not be available for spending unless you go to take it out of your savings. The amount set aside does not have to be a lot, even $5 or $10 a pay period will add up over time – especially if you have an interest bearing savings account.

Save your change in one location. Use a large coin collection jar or an empty coffee can. When the change jar is full, wrap up the coins and deposit the change into your savings account. Many people disregard change and find it all over the house. Change is money too, and believe it or not, after a while it all adds up – sometimes to the tune of hundreds of dollars.

Live on your current salary, even if you get a raise. Receiving a 2% raise a year can mean a 2% increase in your savings account. If you are comfortable living on your salary, consider placing the extra amount into a savings account each pay period. This will keep your standard of living the same, yet increase your savings account at the same time.

Cash in your recyclables such as cans and plastic bottles. Save the money you receive from the trade-in and put it in your change jar or into your savings account. Over time it will benefit you and increase your savings.

Saving money does not have to be a difficult endeavor. It is not necessary to put away hundreds of dollars at a time. Think of saving in small terms such as collecting your change, saving your reimbursements and storing your raises in your savings account. All of these tips are small, yet great ways to save money and before you know it you will have enough money for a rainy day.

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