Whether you’re looking for ways to cut down on your expenses, or you just want to save more money, there could be small things around your home that are costing you more than they should be. Even though some of these things don’t seem too significant, every little bit adds up, and small changes can eventually go a long way. Some of the following are common money wasters around the home, and some simple fixes:
Even small changes in your water usage can make a big impact on your monthly bill. Try to limit how much time you take in the shower; if you could cut down your shower time by even just three minutes, it’ll add up and you’ll likely notice a savings. Bear in mind that your water bill could also be higher than it should be, and it might not have anything to do with your personal usage. You could potentially have a leak in your home that you’re not even aware of, and even a tiny leak can result in thousands of gallons of water going to waste. Carefully check your faucets and toilets on a routine basis, just to make sure that there aren’t any leaks that need to be addressed.
Aside from making sure your smaller appliances are not plugged in when you aren’t using them, it’s also important to take note of your larger appliances. If they are older, they’ll usually use more energy and cause your electric bill to be higher than it needs to be. If you’ve thought about updating them anyway, taking the plunge and swap them out for newer, energy efficient models. The investment will pay itself off in no time, since newer appliances tend to use up a lot less energy, and will cause your electric bills to go down.
Are you paying for both a cell phone and a landline phone? It’s one thing if your at-home landline is the only phone you have, but if you’re also paying for monthly cell phone usage, you might want to think about just how often you actually use your cell phone. Many consumers pay for both, and only use their cell phones. If you live in an area where you don’t get good cell phone reception and that’s why you hang on to your landline, consider switching service providers and ditching the landline for good, as that will be one less monthly bill to worry about. Otherwise, consider getting rid of your cell phone and just getting a prepaid cell phone that you only use for important calls and when you’re away from home.
Do you need extra cash to catch up on monthly bills and expenses? If you’re receiving payments from a long-term payment stream, such as an annuity or structured settlement, Peachtree Financial Solutions may be able to help. By purchasing some or all of your future payments, Peachtree can offer you a lump sum of cash. It’s your money, only you’re receiving it sooner. Contact Peachtree Financial Solutions today to learn more about the process and to receive your free quote.
Nothing above is meant to provide financial, tax, or legal advice. You should meet with appropriate professionals for such services.