If saving money is at the top of your to-do list and you happen to be a homeowner, then look no further than these 12 life hacks that will put more cash in your wallet. Additionally, these tips will extend the life of your home through better maintenance and help balance the rising costs of living throughout the US.
Drop the temperature on your hot water heater to 120 degrees Fahrenheit. Not only will this prevent burn injuries in your home but will significantly lower your power bill as well.
Home alarm systems don’t just prevent burglaries (homes without any type of security system is over three times more likely to be robbed than homes with a security system) but can lower the cost of your homeowner’s insurance policy as well. Check with your insurance agent for which systems qualify and offer the largest discount.
Invest in an automated thermostat. Technology can be a pain but it can also be a blessing. Take for instance automated thermostats such as Nest. This pricey device pays off in a big way by adjusting to the patterns at which you cool and heat your home and often come with a rebate from most energy companies which basically is a wash for the upfront cost. If you are not ready to make the commitment just yet, consider setting a reminder on your phone to turn down the temperature when you leave for work.
Get rid of cable and slash your expenses. Assess what you are really watching and you will realize that you only consume about a quarter of the channels you frequently view. A good place to start is your local news channel for a streaming app and look into adding Netflix which hovers around 10 bucks a month versus cable which can skyrocket well over $100 a month.
Add insulation to your insulation. One of the biggest culprits of heat or COLD (and if you’re a Florida homeowner you want all the A/C you can handle this summer) escaping is inadequate insulation. If it’s been awhile since you checked on your insulation you are likely overdue to add some. It doesn’t cost much and will save hundreds.