397 Ways to Save Money: Spend Smarter & Live Well on Less - PDFDrive.com

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397 Ways to Save Money: Spend Smarter & Live Well on Less - PDFDrive.com Page 7

by Kerry K. Taylor


  BOTTOM LINE: Using a plastic film over your windows in the

  wintercostsyou$30to$100(dependingonthekit)butcansave

  you20%to30%inenergyexpenses.

  Replaceolderwindows. Windowsinolderhomescanbeasignificant sourceofheatloss,increasingenergycostsbyupto30%.Newwindows

  cancostupwardsof$1,000each,butrebatesareavailablethroughthe

  Government of Canada’s ecoENERGY Retrofit grant program. Consult

  with a certified energy adviser to qualify for rebates of up to $60 per window.Ifit’stoomuchofastretchtospringfornewwindowsnow,use asmanyoftheotherstrategiesaspossibletoloweryourenergybillsand thensetasideyoursavingsinaTax-FreeSavingsAccount(TFSA)ora

  standard high-interest account for a window fund. You’ll be surprised howitaddsupinjustafewyears.

  BOTTOMLINE:Newwindowsareexpensiveatupwardsof$1,000

  each but can lower your heating and cooling costs by 30%. As a bonus, new windows can also increase the value of your home whenyouarereadytosell.

  Hangdrapesandblinds. Useyourexistingheavyinsulateddrapesto saveyou8%to15%inheatingcosts.Togetwarmerforfree,closeyour

  drapesorblindsatnightandonshadedsidesofthehomewhileopening

  them on sunny days. Drapes can also keep your home cooler in the summerbyshadingyourhomefromthehotafternoonsunlight.Heavy

  insulatingdrapescancosthundredstothousandsofdollarsdepending

  onthenumberofwindowsandthesizeofyourhome.

  BOTTOMLINE:Existingdrapesandblindscanbeopenedorclosed

  forfreetokeepyourhomewarmerandcutyourenergycostsby8%

  to15%.

  Close doors in rooms not frequently used. Keeping both exterior andinteriordoorstightlyshutandavoidingfrequentinandouttraffic costsnothingandlowersyourenergycosts.Usepaddeddoorrunnersor

  rolledtowelstohelpreducedraftsunderdoorways.

  BOTTOM LINE: Closing doors and placing a rolled towel under

  doorwaysisfreeandcansaveyou2%onyourenergybill.

  Electricity

  We all need electricity to light our homes and power our appliances.

  Despitethisconsiderableneedtodrawonhydro,youcancutyourcosts

  byhundreds,eventhousands,ayearbyadoptingfrugalandeasyenergy-

  saving habits. From how you light your home to choosing the more energy-efficient electronic devices, here are numerous ways to add moneytoyourpocketwithoutfeelingshockedbydrasticchange.

  Lighting

  Turnofflights. Keepingyourlightsonwhennooneisintheroomis costingyou.NaturalResourcesCanadasaysitcostsbetween$200and

  $250tolighttheaveragehomeeachyear.A100-wattbulbleftonforan hourcosts1cent.But300wattsofunusedlightsleftonforthreehours eachdaycosts$11ayear.

  BOTTOM LINE: Save $11 a year by turning off unused lights for threehourseachday.

  Installlightdimmersaroundyourhome. Dimmingalampby25%

  increaseslightbulblifebyfourtimesandsavesyou20%onelectricity costs.Dimmerpricesstartat$10eachandcangoupto$80.

  BOTTOMLINE:Inexpensivedimmerscost$10eachandareafrugal

  waytosaveabout$50ayearontheaverageelectricitybill,while

  extendingbulblife.

  Install a motion sensor outdoors. Installing a motion sensor outdoors can serve as a security light and save you money. Leaving a 100-wattbulbburningfor24hourscosts25centsaday.Switchingtoa

  motionsensorcosts$50andsavesyou$90ayearbyonlyswitchingon

  whenneeded.

  BOTTOMLINE:Ifyouinstallamotionsensoritwillpayforitselfin justoversixmonthsandthengoontosaveyou$90eachyear.

  Replace incandescent bulbs with compact fluorescent lamps

  (CFLs). At $2 to $5 each, compact fluorescent lamps cost five times morethanconventionalbulbsbutuse25%oftheelectricityandlast8to 15timeslonger.

  BOTTOM LINE: Switching to compact fluorescent lamps may cost

  you$100intheshorttermbutsavesyou75%onlightingcostsover

  thelongerterm.

  Makeuseofnaturallight. Openthedrapesandletthesunshinein.

  Using natural daylight over electricity costs you nothing and saves on energy. Also, choosing to paint rooms in lighter colours and opening blinds can brighten your living space. Using natural sunlight and switchinglightsoffduringthedaycansaveyouhundredsofdollarsa

  year.

  BOTTOMLINE:Usingnaturallightinplaceoffive60-wattbulbsfor

  eighthourseachdaysavesyou$11ayear.

  AppliancesandElectronics

  Turn off electronic devices. Turning off your unused electrical devices like gaming consoles and computers is an easy way to save electricity. By turning on your computer only when needed for three hourseachdayratherthanrunningitcontinuously,youcansaveupto

  $75ayear.

  BOTTOMLINE:Turnoffelectricaldeviceswhenthey’renotinuse

  andsavehundredsayear.

  Pulltheplugonstandbycosts. Plugged-inelectronicsareexpensive becausetheycontinuetodrawpowertolightupclocks,supplychargers

  andbeonstandby.Thisstandbypowercancontributeto10%ofwasted

  andexpensiveenergyloss.Ifyouneedareminder,leaveanotebeside

  yourelectronicdevicestounplugthem.

  BOTTOM LINE: Unplug these power-drawing devices and save a

  whopping10%onenergycostseachyear.

  Useasurgeprotector. Tosavemoneywhilekeepingyourelectronic devices plugged in, consider buying a surge protector for $5 to $20.

  Surge protectors can be switched off while electronic devices are plugged in, thus reducing standby power consumption. Using a surge protectortofullyswitchoffyourhomeentertainmentsystemwhennot

  inusecansaveyou$5to$10ayear.

  BOTTOMLINE:Useasurgeprotectortolimitstandbypowerwaste

  andsaveyouhundredsayear.

  Water

  Heatingwateristhesecondlargestdrainonyourenergybill.Byusing

  inexpensivehotwatersavingstrategiesyoucansaveconsiderablecash

  whetheryourentanapartmentorownahome.

  Turn water temperature down. Turning down your water heater’s temperatureto60°Ciseasyandfree.Forevery10degreesyoudecrease

  the tank’s temperature you save 3% to 5% on your energy bill. You won’tnoticethedifferencebecausethehotwateryouuseisatamuch

  lowertemperaturethan60°C.

  BOTTOM LINE: Reduce your water heater temperature to 60°C to save3%to5%onyourenergycosts.

  Fix leaky taps. A leaking hot water tap slowly drips your money downthedrain.Seekaprofessionalplumbertoplugtheleakorreplace

  the gasket in the tap yourself. Because some leaks can waste enough watertofillabathtubinafewdays,it’swisetostopthedripsandsave somecash.

  BOTTOMLINE:Aleakyhotwatertapcanbefixedwitha$1gasket

  and save you $50 a year on energy costs. Consult a professional plumberforafewhundreddollarstosolvemorecomplicatedissues

  sooner.

  Insulate hot water pipes. Keep the water hot for less by installing insulating sleeves on the hot water pipes in your home. Special foam insulation pieces can be purchased at a hardware store for 30 cents a foot.Startbycoveringthepipesnearthehotwater
tankandworkyour

  way out to all easily accessible pipes. Be sure the insulation is a safe

  distancefromanyopenflameorothersourceofignition.

  BOTTOMLINE:Pipeinsulationcosts$10to$20perhomeandcan

  saveyou$50ayear.

  Install a solar water heater. Adding a solar water heater to your traditionalwaterheatercanadduptosignificantlong-termsavings.A

  solarwaterheaterusescollectorpanelsinwhichwateriswarmedbythe sun;yousavemoneybecauseitdoesn’tcostsomuchtoheatthewaterin yourwaterheater.Professionalsystemscostaround$5,000andqualify

  foranecoENERGYRetrofitgrant.Ahome-builtdo-it-yourselfsolarwater systemcostsunder$1,000.

  BOTTOM LINE: A homemade solar water heater costs $1,000 and

  cansaveyouupto$300peryear,whileprofessionalsystemscost

  $5,000andcanqualifyfor$1,600ingovernmentenergygrants.

  CHAPTER7

  Cleaning

  Cleaning our homes has become a multi-billion-dollar brand-name

  business. Between super-specialized cleaners marketed to help remove grimefromthenorthwestcorneroftheshoweranddisposableoptions

  convincingusit’spossibletohaveasparklinghousewithoutanounceof effort, there are hundreds of products designed not only to clean our homesbuttocleanoutourwallets.Butkeepingyourhomecleandoesn’t

  need to be an expensive endeavour. Many cleaning products can be replacedorenhancedwithitemsyouprobablyalreadyhavearoundthe

  houseatafractionofthecost.Allittakesisalittlebitofelbowgrease andsomecommonkitchenstaplestocleanregularspillsandwashthe

  dirtaway.

  I’ve been using simple, frugal and effective methods to clean my bathroom,kitchen,windowsandfloorsforyears.Atfirst,Imissedthat

  “cleansmell”thatcomesfromusingcommercialproducts,butthemore

  Icleanedthewaymygrandmotherhad,themoreIrealizedthatclean

  doesn’t have a smell—and I was paying big bucks for that artificial lemonwhiffandexposingmyfamilytounnecessaryharshchemicalsat

  thesametime.Thischapterispackedwithcheapandnaturalsolutions

  to help you save money not only at the store but over time as well, because cleaning your home on a regular basis helps to maintain the valueofyourinvestmentandreducestheneedtoreplaceitemsbecause

  ofsoilsandstains.

  Cleansers

  Replacingyourbrand-namehouseholdcleanerswithinexpensivekitchen

  stapleslikevinegar,bakingsodaandliquiddishwashingsoapcansave

  youhundredsofdollarsayear,andatthesametimecanprotectyour

  homesurfacesfromabrasivecleansersandstrongchemicals.

  Makeyourownglasscleaner. Buyingareusablespraybottlefor$3

  and mixing your own glass-cleaning solution containing 1 part white vinegarand1partwatersavesyouatleast$25ayearoverbrand-name

  glasscleaners.Usingvinegarandwatertocleanglasssurfaces,mirrors andwindowsalsoreducesthenumberofharshchemicalsinyourhome.

  A4-litrebottleofgenericwhitevinegarcostsonly$1.50andcanlastfor months.

  BOTTOMLINE:Makingyourownglasscleanerisenvironmentally

  friendlyandsavesyouatleast$25ayear.Ifyouhaveanoldspray

  bottle,refillitwhenit’semptyandsave$3,whichishowmucha

  newonewouldcost.

  HomeCleaningSuppliesChecklist

  Mildliquiddishwashingcleanser

  Bakingsodapaste

  Vinegarglasscleaner

  Reusablespraybottle

  Lint-freemicrofibretowels

  Qualityrubbergloves

  Toiletscrubbrush

  Sinkscrubbrush

  Usedtoothbrushes

  Spongemopheadwithtowels

  Usebakingsodatodeodorize,removestainsandtoscrubtough

  grime away. Go beyond using baking soda for deodorizing your refrigerator and freezer by using this inexpensive cleaning marvel for tough dirt around your home. Replacing your arsenal of brand-name kitchen, bathroom and specialty cleaners with a big box of generic bakingsodacouldsaveyouhundredsofdollarsayear.Bakingsodacan

  be used for scrubbing without scratching surfaces and is safe for removingstainsfromdishes,countertops,sinksandtoiletbowls.Baking

  soda can also remove tough grease and buildup in ovens and on stovetops:scrubusingapastemadebymixing3partswarmwaterand1

  partbakingsoda.Thebestdealsonbakingsodacanbefoundatanimal

  feedstores,wherea10kgbagsellsfor50centsperkilogram.Baking

  sodaboughtatfeedstoresisnotbakingqualityandiscoarserthanretail brands,butthepriceforcleaningcannotbebeatwhencomparedwith

  brandssoldingrocerystoresat$5perkilogram.

  BOTTOMLINE:Replaceyourbrand-namehouseholdcleanerswith

  bakingsoda—notonlywillyousavehundredsofdollarsayear,but

  youwillalsoprotectyourfamilyfromexposuretoharshchemicals.

  Buy baking soda at animal feed stores—it’s 90% cheaper than at grocerystores.

  Removedriedspillswithdilutedliquiddishwashingsoap. Make

  an inexpensive all-purpose cleaner by mixing 1 cup of water with 1

  tablespoon of generic liquid dishwashing soap in a $3 reusable spray bottle. Use this cleaner to spot-clean dried spills and remove greasy fingerprints throughout your home and on countertops and wood

  surfaces.Genericdishwashingsoapcostsonly$2per950mL,sodiluting itwithwaterandsprayingwithabottlecostsjustpenniesaweek,saving youabundleonbrand-namecleanersinayear.

  BOTTOM LINE: Cleaning with generic liquid dishwashing soap

  dilutedwithwaterinareusablespraybottlecostspenniesaweek

  andsavesyoudozensofdollarsayear.

  Eliminatesoapscumwithlemonjuiceandwhitevinegar.

  Makeasimplemixtureof1cupwhitevinegarandthejuicefromhalfa

  lemon to remove soap scum from bathtubs and mineral deposits from sinks and faucets. Soak an old hand towel in this acidic mixture and cover deposits or residue for several hours, then scrub. Vinegar is economicalat$1.50per4-litrebottleandlemonscancost$1forfour.

  BOTTOMLINE:Removeexpensiveandharshsoapscum–dissolving

  chemicals from your home and save hundreds a year by mixing lemonjuicewithvinegar.Scrubbingdirtandgrimeisfree.

  Cleanwood,linoleumandtileflooringwithvinegarandwater.

  Forwoodfloorsfinishedwithpolyurethane,linoleumsurfacesandtiles, mopwithamixof1partvinegarwith1partwarmwater.Vinegarcosts

  $1.50per4-litrebottleandsavesyouhundredsonbrand-nameflooring

  cleaners. The vinegar cuts through grime and leaves a fresh scent throughoutyourhome.

  BOTTOMLINE:Cleanyourflooringforhundredsofdollarslessby

  mixingvinegarwithwarmwater.

  Wipeupspillswhiletheyarefresh. Spillsinthekitchenanddirtin the doorway are always easier to clean when fresh. Attending to everydaygrimesoonercostsyoufarlessincleaningdetergents;ahand

  towelandsomeelbowgreaseisallittakestokeepsurfacesfreshand

  clean. Proper and regular cleaning also maintains the value of your home and protects the investment in your possessions, making your belongingslastlonger.

  BOTTOMLINE:Wipingupspillsimmediatelyisfreeandcostsyou

  nothing in cleaning
supplies. Regular cleaning and maintenance protectstheinvestmentinyourhomeandbelongingsandreduces

  replacementcostsbymakingthingslastlonger.

  CleaningTools

  Thetoolsyouchoosetocleanyourhomewithcansaveyoumoneyover

  time.Toolslikereusablemicrofibreclothsandoldtoothbrushesarenot only better for your budget but can be healthier for your household environmentaswell.

  Useelbowgreaseandagoodpairofrubbergloves. Agoodpairof reusable rubber gloves can last for weeks and makes a great cleaning partnerforalittlebitofelbowgrease.Glovesandelbowgreasecansave youfromspendinghundredsoncorrosivechemicalstoremovestubborn

  grime.Besuretohangyourglovestodrytopreventmouldandmildew

  growthfromeatingintoyoursavings.

  BOTTOMLINE:Apairofqualityrubberglovescosts$2to$5and

  savesyouhundredsongrime-removingcorrosivechemicals.

  Use an old toothbrush to get into hard-to-clean places. Used toothbrushes can be recycled for cleaning throughout your home for free. Frayed bristles are a perfect match for faucets, tile grout, light switches and cabinet hardware. Toothbrushes are also excellent for cleaningcalciumbuildupinkettlesorroadgrimeonbikechains.

  BOTTOM LINE: Replacing your toothbrush regularly is good for

  yourdentalhealthanditcostsyounothingtoreuseitasacleaning toolthroughoutyourhome.

  Passonpapertowelsandusemicrofibrecloths. Microfibrecloths are woven from very fine synthetic fibres and are perfect for dusting, polishing,wipingandmopping.Thesesoftandreusableclothssaveyou

  money because they are effective at cleaning delicate surfaces like computermonitors,theyaremachinewashableandtheydon’trequire

  costlycleaningsolutionstoremovegrime.Microfibreclothscomeina

  rangeofsizesandweightswithvaryingloopsizes,andcancostaslittle as$5.Saveonexpensiveendlessrollsofpapertowelsbybuyingabunch of microfibre cloths and washing them regularly. They can last years, saveyouhundredsofdollarsandareabetteroptionforourforests.

 

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