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Past Financial Tips
- Wash full loads only. Whether you are running the dishwasher or washing clothes, make sure you are washing full loads rather than just a few items. If your dishwasher or washing machine has a setting for smaller loads, then adjust the setting according to the size and type of load you're washing.
Posted 02/21/2012 - Line dry. Hang your clothes on an outside clothesline to dry. You can also hang items on hangars to dry around the house, or buy an indoor clothesline you can pull out and retract when you need it.
Posted 02/20/2012 - Turn down the heat. In the winter months, turn down the thermostat a few degrees. Turning it down a few degrees saves you money in the long run. If nobody is home during the day, turn the thermostat all the way down and then turn it on again when you arrive home.
Posted 02/19/2012 - Turn up the AC. In the summer months, turn up the thermostat a few degrees. Turning it up a few degrees saves you money in the long run. If nobody is home during the day, turn the thermostat all the way up and then turn it on again when you arrive home.
Posted 02/18/2012 - Maximize retirement savings contributions. If you have a retirement savings account that allows you to contribute pre-tax, maximize your contribution amount. Not only does this allow you to put away as much as possible for your retirement, tax-free, but it also saves you money on your taxes.
Posted 02/17/2012 - Create menus with on-sale food items. Rather than create a shopping list according to your menu, create a menu according to the food items that are on sale. Look at the weekly sale paper of your grocery store to create the weekly household menu with ingredients you can buy that is on sale and that you already have on hand.
Posted 02/16/2012 - Combine coupons with sales. To add to your savings at the grocery store and other retail stores, buy items that are on sale and that you have coupons. Remember, you can use a coupon for each item you buy, so if you have multiple coupons, even better.
Posted 02/15/2012 - Seal the cracks and air escape routes. Seal any cracks or spaces around windows, under doors or near the heating and cooling unit of your home. If air escapes out or gets in through these cracks, you are just throwing your money away in heating and cooling costs.
Posted 02/14/2012 - Bike, carpool, walk and combine errands. Save on gas by riding your bike or walking whenever you can. If you have to use the car, then carpool with others and combine your outings and errands so you have to make as few trips as possible.
Posted 02/13/2012 - Shut it off. When you leave a room for more than ten minutes, turn everything off in the room. This includes TVs, lights and other electronics.
Posted 02/12/2012
