By: MJ Gonzales | Executive Chronicles
In the article ‘Why staying at home boosts your personal finance?’ it’s mentioned that knowing every corner and thing inside your house may help you to budget your money. One reason for this is to stop you to buy something you already have. The other good point is to clean or remove items that let you spend more. What are the things you need to check often to save money?
Reading materials. Some readers still prefer hard copies of newspapers and magazines for their pleasure. However, if you are not one of them, then it’s wise to use your gadget, instead to read stories and topics that appealing for you. Besides that you save money from buying new ones or regular subscriptions, you also make your house paperless. This means spacious, neat, and eco-friendly homey environment for you.
Choose and use energy saving gadgets. Don’t buy latest gadgets out of fad, but spend money for new ones that are useful and consume less energy. A good example for this is choosing laptop over desktop PC. The former is not only portable and can be battery-powered, it also consume around 90WH when it’s plug. On the other hand, desktop PC eats more power consumptions like 400Wh as per Houston Chronicle’s Report.
Turn on the budget-friendly lights. Your home lighting system is very important because you always use it. Among the available products in the market, choose LED bulbs that may be expensive, but produce brighter and energy-efficient light. This kind of bulb lasts longer, which according to G.E. is three times versus most CFLs and 25 times compare to incandescent and halogen. Furthermore, LED consumes energy that’s 75 percent lower than incandescent light bulbs and safer
Energy-Star compliant appliances. Same with the LED bulbs, there are several home appliances that make your electrical bill higher than usual. If you’re choosing between second-hand and brand new appliance, don’t just settle on products which have cheaper price has. Check how old the item is and if it’s energy compliant so you save energy and money every day.
Grocery items. Cost-cutting in your food expenses starts with your meal planning. As much as possible, plan what dishes you would like to cook for an entire week. This will help you to stop buying ingredients and products you will not eat. It’s a waste of money to see items that already expired.