18 Ways a New (or Old) Homeowner Can Save Money

18 Ways a New (or Old) Homeowner Can Save Money


Wether you're new to home ownership or not, there are some things you can do to save bucks. The cost-saving suggestions come to us from The Simple Dollar, and they're so good, I'm going to quote them directly. 

  1. Check the insulation in your attic - and install more if needed.
  2. Lower the temperature on your hot water heater down to 120 degrees Fahrenheit (55 degrees Celsius).
  3. Toss a water heater blanket over that hot water heater as well.
  4. Install ceiling fans in most rooms.
  5. Wrap exposed water pipes with insulation.
  6. Install a programmable thermostat - and learn how to use it.
  7. Hang a clothes rack in your laundry room (or, better yet, an outdoor clothesline).
  8. Check all toilets and under-sink plumbing for leaks or constant running - and check faucets, too.
  9. Replace your air handling filter.
  10. Make sure the vents in all rooms are clear of dust and obstructions.
  11. Mark any cracks in the basement with dated masking tape.
  12. Install CFL and LED light bulbs in some locations.
  13. Choose energy efficient appliances, even if you have to pay more up front.
  14. Set up your home electronics with a SmartStrip or two.
  15. Air-seal your home.
  16. Plant shade trees near your house.
  17. Take advantage of tax benefits for any improvements you make.
  18. Develop a home maintenance checklist - and run through it for the first time.

For the individual whys and wherefores of these tips, visit The Simple Dollar. 

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