How to Save Energy to Save Cash

Energy costs are burning up your cash. Heating, cooling, and powering your home can be costing you hundreds of dollars a month. In some cases, people need to rely on payday loans or cash loans just to pay their ballooning utility bills, especially as energy prices increase almost every year. Luckily, there are many things you can do to save cash on your energy costs:

– Install energy-saving devices in your home. When you need new appliances, buy ones that use less power. Even when replacing your light bulbs, buy new green bulbs that use a fraction of the energy.

– Watch out for vampire energy usage. Do you see that flashing LED screen on your microwave or clock radio? You’re paying for that, around the clock. Most appliances continue to leach a small amount of electricity when they are plugged in, even when not in use. Unplug everything unless you are using it or buy powerbars that let you flip appliances on and off as needed. This simple step can save you 10% on your energy bills each year.

– Use less. In the summer, leave windows open in the evening to let in cool air rather than letting the fan run. On chilly evenings, put on a sweater rather than turning up the heat. Turn off the TV when no one is watching. It’s a simple way to slash your costs without sacrificing a thing.…

Categorized as Save Cash

Surviving Tough Times: 10 Tips for Financial Stability

Although the economy has been improving recently, many are still worried about jobs, foreclosures, debts, and more. When times are tough, it is useful to:

1) Keep your ear to the ground about job options. Knowing ahead of time lets you act fast if you do suddenly lose your job.

2) Stock up on essentials. If you see a great bargain on items, by all means budget and stock up. Having a full pantry of lower-cost items helps you to prepare affordable meals, too.

3) Build that emergency fund. Having an emergency fund is simply the best way to be prepared for personal emergency or larger financial woes.

4) Take care of your house and car. This is still not the time to be buying new cars and homes for many people, especially if your job future looks a little shaky. Taking care of your home and your car (as well as your other bog ticket items) helps them go further with fewer repairs.

5) Pay down your debts. When times are tough, carrying lots of credit card debt, personal loans, signature loans, student loans, and other debt is generally a mistake. If you are suddenly faced with reduced hours or job loss, lots of personal loans can push you over into bankruptcy. Pay down what you can.

6) Create a financial emergency plan. A financial emergency plan includes a detailed listing of what you can do immediately if you are faced with a job loss or other financial crisis.

7) Look for ways to cut costs. This may mean cutting back on non-essential expenses, like dining out or cable TV, or finding ways to save on everyday expenses, like groceries and utilities. Every little bit helps when times are tough.

8) Explore income-earning opportunities. This might mean picking up a part-time job or gig work, starting a side hustle, or looking for ways to earn passive income. Be creative and think outside the box.

9) Seek professional financial advice. If you’re struggling with debt or financial insecurity, it might be helpful to consult with a financial advisor or credit counselor. They can help you create a plan to get back on track and achieve your financial goals.

10) Stay positive and stay focused. It’s easy to feel overwhelmed during tough times, but it’s important to stay positive and focused on your goals. Surround yourself with supportive people and keep taking small steps towards your financial stability.…