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Tuesday, May 24, 2022

Money Saving Tips

With inflation causing increased prices for many day-to-day staples and services, many of us may be looking for more ways to save some money. Below we’ve compiled a few ways to help your money go further!

Turn Off Heat or Air to Unused Rooms

It may seem obvious, but limiting your energy expenditure only to areas you’re actively using can help reduce costs. So take advantage of the moderate Southern California weather and save money at the same time. For example, consider only using heat when its colder at night, or air conditioning during the day only when you are home and absolutely need it. You can be frugal with your heat and air either by manually turning it on and off or with the help of a programmable thermostat, several of which can be purchased for under $50.

Unplug Unused Devices

Even when off or not in use, most electronic devices still draw some energy when plugged into a power source. Plugging things in only when they’re needed can help reduce your monthly utilities expenses. You can use power strips or surge protectors with multiple smaller electronics and disconnect all of them simultaneously by unplugging the surge protector from the wall.

No Partial Loads

Avoid wasting energy, water, and detergent with a half-full dishwasher or washing machine. Fill the machine all the way before running it to get your money’s worth. Also consider air drying clothing – it’s free, saves energy, and will reduce wear and tear on your clothes, making them last longer.

Thrift, Consignment, and Yard Sales

Take advantage of lower cost options from your local thrift and consignment shops and yard sales. Whether shopping for something special or replacing a staple item, these options often offer items at a steep discount from traditional stores. You could also utilize these methods to declutter your life and maybe even make some extra money! Many people sell items they longer need to consignment shops or from their homes. In addition to traditional yard sale methods, there are many online resources to help you sell your belongings. Craigslist and Facebook Marketplace allow you to advertise your wares locally, while Poshmark, Mercari, ThredUp, and Depop are websites allowing you to sell to people farther away. If you choose to donate your unwanted or unused items, large items or a high volume of items may be tax deductible. Some thrift stores even give you a coupon for the store when you donate items!

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