With the price of just about everything on the rise, saving money at home is more important than ever. Food, gas, clothes, fertilizer, water, and even sun-block cost more than they used to. If everything costs more, you might think it’s impossible to save money. In reality, there are plenty of ways you can save money around the house. Your appliances and electronic devices are the biggest money hogs around. If you want to save money, the best way to do so is to upgrade them. So which ones should you repair or replace first? Feel free to read more about the biggest money hogs in your home.
HVAC: Your heating and cooling system costs you more money than just about anything in your home. Unless you are one of the few people living in an area where the temperature stays in the 70′s all year, you need to use your heater or cooler almost every day.
Depending on how large your home is, you can spend over $500 a month just to keep it comfortable. Why does it cost so much? To begin with, it requires a lot of energy to overcome Mother Nature. If it is 30 degrees outside, it will take a lot of thermal energy to heat your home to 65 degrees. An old furnace or air conditioning unit is going to waste energy as you try to heat your home. And that wasted energy means wasting money. How much money? If you use a heater or cooler that is more than 15 years old and spend $200 a month on gas or electricity, you can reduce the amount you spend to around $50 or less with a new unit. New units are incredibly efficient. Within one or two years, you can save enough to pay for the unit and have money to spare.
Kitchen: It would take too long to go into detail about each appliance in your kitchen. But as with your HVAC system, a kitchen full of old appliances will waste money faster than you can imagine. Your fridge and dishwasher are two of the biggest energy hogs in your kitchen. In fact, some fridges waste so much energy that you can actually get a refund or rebate from your local power company if you purchase a new one. While a new fridge might cost over $1,000, it won’t take long for your savings to exceed that amount.
It takes money to save money. However, spending a couple thousand dollars to upgrade your home will be one of the most profitable things you can do. While it might take a year or two to cover the cost of the new appliances, once they have paid for themselves, you will have all that extra money in your bank account each month. If you are interested in upgrading any of your appliances, visit a contractor’s website and read more about what they have to offer.