Tips On Saving Money On Your Bills This Year

Whether your goal is to be more frugal, money is just tight, or you just want to start saving, there are many ways you can save money on your everyday bills. Sometimes when you are barely getting by, it seems impossible to find additional ways to save money. However, that isn’t necessarily true! It’s times like these when you need to work even harder to give yourself the extra savings you need as a cushion to cover unexpected expenses. Here are six ways you can save money on your bills.

 

Install a programmable thermostat.

A programmable thermostat allows you to automatically change the heating and cooling of your home when you’re not at home, when you’re asleep, or away for several days at a time. Saving significantly on your heating and cooling bills is a big way to start saving money. With a programmable thermostat, you can also set it to heat or cool your home right before you arrive home from work.

 

Utilize power timers

Consider utilizing power timers to turn electrical devices on and off is an additional way for you save on costs. A timer can automatically turn off the charge going to a power strip (or anything plugged into it) at a certain time each night, saving you money on your electricity bill. Also consider a power strip with a switch on it. When the strip is turned off, it blocks the phantom charge on those devices.

 

Install CFL or LED light bulbs.

If you’ve never updated the lightbulbs in your home, consider switching to either CFLs or, better yet, LEDs. These bulbs are about four times more energy efficient than incandescent bulbs and last for many years.

 

Save at your water heater

Did you know your water heater can account for 14-25% of your energy bills every year. Often the heat on your water heater is turned up higher than you need it to be. A temp of 120-140 degrees is hot enough, and every 10 degrees you lower it you’ll save 3-5% on your bill.

 

Cut Every Category Just a Little Bit

When you are tight on cash or just trying to become more frugal, you may have already cut all the extra from the budget that you can manage. A budget like this would have no gym memberships, not going out to eat every night, no cable television, and very little in entertainment. When you are just getting by, you still need to save money each month.

Try finding ways to save $5 to $10 per category in your budget and bills.

 

Lastly, you can always save money by ordering your heating oil with us at PayLessForOil.com to help keep you in budget this year. Contact us if you have any questions on how you can save money with PayLessForOil.