Wednesday, August 24, 2011

Money Saving Tips Around the Home

By Lamo Damo


There are plenty of good ways to save money around the home which is wonderful in an economic climate such as this. The good times have passed and it will be quite a while before they come back so people need to understand this and alter their lifestyle appropriately.

Below are just a handful of ideas to help you save money around the house. With these savings, reduce any debt you may have including credit card or home mortgage. If you have no debt, you can put it towards a family holiday.

Money Saving Tip 1. Don't run water whenever shaving or cleaning teeth. I can't believe how many people still leave the tap running when they’re cleaning their teeth. For crying out loud, the tooth brush only needs to be wet to use. Did you realize that if you don’t leave the tap running that you can save up to 5 gallons per trip to the sink. In addition you’ll also save on your water bills.

Money Saving Tip 2. Steer clear of credit card debt. If you don't have the cash to pay for what you are purchasing, don’t purchase it. The fact that over 60% of American households have a monthly credit card debt of over $12,000 is unbelievable. The interest payments on credit card loans is crippling. So if you can, don’t use the credit card.

Money Saving Tip 3. Hang Clothes Out To Dry. Many families use ducted heating to dry their clothes. Reduce your gas and electricity bill by choosing not to use your ducted heating or dryer.

Money Saving Tip 4. Use freebies and samples. With the market in the position it is in, businesses are now marketing their items using free samples. This provides a great opportunity for you to save but also to make educated buying decisions.




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