14 Ways to Cut Costs in Every Corner of Your Home

Nearly every room in the house provides an opportunity to save money—if you know what to do. Check out our favorite cost-saving tips for your home, ranging from cleaning your refrigerator to selecting energy-saving window treatments.

  1. Get a Programmable Thermostat

    Get a Programmable Thermostat

    Installing a programmable thermostat can really save you money. According to Energy.gov, you can save as much as 1 percent on your winter heating bill for every degree you turn your thermostat down for an eight-hour period, and a programmable thermostat can automate those savings for you. If you choose a smart thermostat, it can even learn your schedule, automatically rolling back the temperature when you're sleeping at night or when you're out of the house so you'll always be comfortable, both physically and fiscally.


  2. Install Attic Fans

    Install Attic Fans

    Attic fans can take some of the pressure off your A/C unit by drawing hot air out of the house through the attic so your air conditioner won't have to work as hard. Attic fans don’t cost a lot to operate, and there are even solar options available, which means you'll use even less energy from the grid.


  3. Put in Water Restrictors

    Put in Water Restrictors

    Your water heater uses a lot of energy—in fact, only your HVAC system uses more. Build in some savings and use less hot water by installing water-flow restrictors on your shower heads. These little pieces of hardware control the flow of water from the shower head, thereby reducing your hot water use. You could save up to $25 per year for each shower head that you outfit with a restrictor.

    Related: 14 Sneaky Ways to Save Money on Your Water Bill


  4. Give Your Water Heater a Blanket

    Give Your Water Heater a Blanket

    Just as heat escapes from your head in the winter, heat escapes from your water heater too. Stop the heat loss by giving your water heater a "hat"—a water heater blanket—to save money on your energy bills.


  5. Thermal Curtains

    Thermal Curtains

    The next time you're selecting window treatments, think beyond aesthetics and consider energy savings. If you opt for thermal curtains, which have a layer of foam sandwiched between the layers of fabric, you'll cut your energy bills in the long run. Insulated curtains keep your home cooler in the summer and warmer in the winter. As a bonus, they'll also keep your room darker for better sleep and can dampen sound as well. 

    Related: Drafty Windows? Solutions for Every Budget


  6. Upgrade Your Insulation

    Upgrade Your Insulation

    If your home is older, you could benefit from upgrading to the latest insulation technology. Adding insulation to your home is a doable DIY project and offers one of the best returns on investment of any home improvement. Depending on the size and location of your home and the heating type, improving your home’s insulation could save you more than $500 per year in energy costs.

    Related: The Pros and Cons of Today's Most Popular Insulation


  7. Use Energy-Efficient Light Bulbs

    Use Energy-Efficient Light Bulbs

    Energy-efficient bulbs use between 25 to 80 percent less energy than traditional light bulbs, and they last longer. When you think about the number of light bulbs you have in your house, you can understand how replacing all of them could make a serious dent in your electric bill.

    Related: 14 Secrets of People with Low Energy Bills


  8. Maintain Your Furnace and A/C

    Maintain Your Furnace and A/C

    Be sure to keep up with regular preventive maintenance for your furnace and air-conditioning units—and that includes changing the filters at regular intervals. A properly maintained system will run more efficiently, require fewer repairs, and last longer.

    Related: Solve Common Furnace Problems with 9 Easy Fixes


  9. Wash Your Clothes in Cold Water

    Wash Your Clothes in Cold Water

    These days, both laundry detergents and washing machines have become more efficient. So, in most cases, cold water will get your clothes clean. Use warm or hot water only for heavily soiled clothes or linens that need to be sanitized. The less your water heater has to work, the more money you’ll save. While you're at it, save water by setting your washer to a water level that's appropriate for the quantity of clothes you’re washing.

    Related: 9 Smart Hacks for Laundry Day


  10. Reduce Your Toilet's Water Usage

    Reduce Your Toilet's Water Usage

    A dual-flush toilet helps save water by offering you two types of flushes—a lighter flush and a heavier one—to wash away waste. If you'd rather not upgrade your toilet or install a dual-flush retrofit kit, you can try this water-saving hack instead: Fill a two-liter bottle with water and place it in your toilet tank. The displacement will reduce the amount of water your toilet uses every time you flush. Multiply that little bit of water by thousands of flushes a year, and you end up saving both water and dollars. 


  11. Use Smart Power Strips

    Use Smart Power Strips

    Household electronic devices can suck up a lot of electricity even when they’re not in use. Cut down on wasted energy by investing in smart power strips, which shut down power to devices when they are in standby mode.

    Related: 10 Things Never to Plug into a Power Strip


  12. Clean the Fridge

    Clean the Fridge

    Be sure to clean your fridge regularly, and don’t ignore the vents and fan. By keeping these parts clean and free of blockages, you will encourage optimal airflow, which will keep your fridge working more efficiently and save you money.


  13. Adjust the Temp of Your Water Heater

    Adjust the Temp of Your Water Heater

    Most water heaters are set to a manufacturer’s recommendation of 140 degrees Fahrenheit. Go ahead and knock that setting down by 10 to 15 degrees. You'll spend less to heat your water, and your showers will probably feel just as comfortably warm as ever. 


  14. Use Your Dishwasher

    Use Your Dishwasher

    It may seem counterintuitive, but using your dishwasher is actually more efficient than washing dishes by hand—as long as you’re running full loads. So, don’t feel guilty! Load 'er up!

    Related: 9 Ways You’re Loading the Dishwasher Wrong


  15. Smart Savings

    Smart Savings

    Choose even just one or two of these energy saving tips, and you could see a difference in your bills.


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