3 Quick Tricks To Save Money Around The House
It’s amazing just how much money we seem to let slip through our figures without ever really knowing what it goes to! With the convenience and quality of modern utility operations, it can feel like a lot of your expenses occur entirely beyond your notice. Luckily, there are a few simple ways to minimise pointless spending and ensure your cash flow is transparent and firmly in your control. Here are just three.
1. Stop wasting water
This isn’t news to the parts of the country most affected by drought restrictions! So much cash can be spared each year if you make an effort to be more frugal with your water usage. Get a shower timer, install a water-saving showerhead and only machine wash full loads of clothing or dirty dishes. If you find yourself having to run the tap for a while to get cold drinkable water, start keeping a jug in the fridge instead. Make sure your plumbing system is happy and healthy - get on top of the littlest of leaks.
2. Be gadget smart
To lower those pesky electricity bills, be sure to unplug and switch off devices at the socket! With items which must run 24/7, try to heighten their functionality - for example, you can keep your fridge and freezer running their best by allowing food to cool before storage. Keep in the loop about the latest energy-saving lighting products and give a thought to the location of your home, since this is of vital importance to the kinds of savings you can make. In some climates in Australia it is possible to avoid tumble drying for most of the year with strategic wash cycles and outdoor clothes lines; in others, installing insulation for water pipes will prevent heat loss in winter and ultimately pay for itself within the year.
3. Try the diary challenge
Be honest - how many of us actually record daily living expenses in a useful or meaningful format? Not many. Give it a try for just one week and discover where exactly every dollar goes. Just how many takeaway coffees were had? How do you do your grocery shopping and would it be more logical to shop for fresh produce at a separate shop or market? Most essential is quantifying recreational spending. Regardless of what advertising may tell you, purchases are not about what you deserve, but what you can afford! And having a written account of how much you put toward dining, entertainment, clothing and so on can help you narrow down exactly which guilty pleasures you want to prioritise and which you can spare.
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