I’ve been working on this post for a few months trying to collect all of the ideas I incorporate into our daily life that have minimal effort but can save you some money.
It’s not all about big huge sacrifices that can effect you financially. There’s a million little things you can do everyday that don’t seem like much but can add up over the course of a month or a year. Not to mention that starting off with the mindset of reducing your bills and saving money can have way further reaching effects in your finances than the immediately apparent numbers as listed below.
Line Drying Clothes
The Saving Energy website estimates that the average dryer uses 3.3 kWh, and that one kWh costs about 11 cents. So counting that out, line drying a load of laundry saves 36 cents. Seems like nothing, so let’s march it out.
I do four loads of laundry a week. Line drying in the northeast is really only feasible from mid-April to September. So we’ll say 24 weeks.
24 weeks x (36 cents per load x 4 loads per week)= $34.56
Cool right? That’s like a free tank of gas a year. In warm sunny places where it’s hot and sunny year rounds, it’s more like $75.
Turn Down (or Up) the Heat
According to the I Will Teach You to be Rich blog, turning the thermostat down one degree takes 3% off your heating bill. So if you drop even 3-4 degrees, thats approximately $10-20 per month depending on where you live.
Also under this heading is air conditioning, which according to How Stuff Works, consumes 2,000 kWh per year on average, or about $220 using the same 11 cents per kWh.
We have a super old (about 200 years old) house that’s drafty and has high ceilings. We keep our thermostat at 65 in the winter. When we were renting a utilities included apartment… it was more like 72-75. It was an adjustment to cool it off at first, but this is way easier for me than losing the AC. I hate being hot. I’d rather put on a sweater then sweat even a little bit.
Turn Off the Lights
I feel like I spend half my day walking around my house shutting lights off. Its a habit left over from my childhood when my parents (especially my dad) would freak out if a light was left on when you aren’t in the room or if there were too many on in the house at once.
I also hate the yellow glow of incandescent bulbs. I just don’t get why lights have to be on in the daytime when we have perfectly good sunlight for free.
Using the number we’ve been using at 11 cents per kWh, running a 60 watt bulb for five hours a day can cost over $12 per year. Typing that out I just got up and turned out four lights burning in the house. In rooms I’m not even sitting in. FOUR. Two were in the same room. And its 9:30 am on a perfectly bright although overcast day.
So working the math backwards from how much something costs to how much I can save with my efforts (because I’m all about that), if my daily light killing walk throughs can prevent all four of those lights from being on for not as much as 5 hours a day, because that seems like a lot, but lets say one hour per day, I’d save about $10 in one year. For really nothing. Would you use a $10 coupon off your grocery bill? Of course you would. You can play with energy usage math here, at energyusecalculator.com.
$10 is $10 all day.
Get the Last Drop of Detergent
This is another one I remember from growing up. Having poor parents can really pay off later in life lol. My mom used to get so mad at how much detergent was left in the jug that wouldn’t pour out on its own and refused to throw it away. And when you really think about it, look down into the bottle next time you do laundry. There’s no way to get ALL the liquid you paid for, and according to ConsumerReport.org, 7-16% of what you bought can be trapped in the bottle to be thrown out!
So the brand used to calculate this difference was Tide, lets do some math. I get tide at Walmart (one of the few things I still buy there), and a 64 load jug costs $11.97. 7% of that is 83 cents, 16% is $1.92! I typically go through a bottle a month, sometimes more. But lets say that at 1 bottle per month, with the max of 16% lost in the bottle at the tail end, I’d be losing $22.98 a year. That’s two whole jugs of detergent!
Would you grab up a deal for 2 FREE bottles of Tide? Of course you would. How do you get it? Just rinse out your jug when you think its gone. Thats it. Fill it with hot water and you’re good for another 1-2 loads.
Let’s add up all of our (minimal efforts) for an entire year: So if we line dry our clothes for 24 weeks in Massachusetts ($34.56), turn our thermostat down 3 degrees ($10), our off our lights for an hour per day in rooms we’re not even in ($10), and make sure to use up all the detergent trapped int he bottle ($22.98), we’ve saved $77.54.
$77 bucks for doing basically nothing, right back in your pocket. Whats better than that?