5 Ways to Avoid Costly Mistakes and Save More Money (Part 1)

5 Ways to Avoid Costly Mistakes and Save More Money Part 1

With all of the expenses that come along with owning your own home, you must do what you can to minimize mistakes that cost you money, while always looking for ways to save any money you can.

Remember, saving your money, even if it is only a little bit at a time, can really add up. By the end of the year, you can actually save enough for an important home improvement, or enough to take your family on that big vacation they’ve always dreamed of.

This month begins my special segment for homeowners, to help you keep more cash in your pocket. My intent is to help you save more money and avoid mistakes that cost you money.

See how many of these money saving tips you’re doing, and also how many of these mistakes you may be making. Then look out for 5 more tips coming your way in next month’s Financial Fitness Magazine:

Keeping More Cash Tip #1: Is your fridge too warm or too cold?

With different family members in and out of your fridge many times a day, personal preferences may come into play, with some wanting certain things very cold, then others who change the setting back to warmer. Since many foods can spoil from being too cold or too warm, find a happy medium that will make your family happy, and save you money on wasted spoiled food. Also remember that a higher yet still cold setting can save you money every month.

Keeping More Cash Tip #2: Low-Flow Toilets and Showers.

The sources of water you use every day can really add up over the course of a month, and much more over the course of a year. If you live in an older home with old fixtures, making the decision to save all the water you can by replacing your old toilets and shower heads to newer “low flow” models will save you a pile of cash, while also helping to conserve one of our most precious resources, clean water.

Keeping More Cash Tip #3: Insulate Doors and Windows.

Whether it’s summer or winter, or any time in between, you are spending good money to keep your home at a comfortable temperature. Yet if your windows and doors let air from the outside in, and let your comfortable air from inside escape to the outside, you are letting your hard-earned money blow away with the wind. Do a yearly check to make sure your windows are insulated and close tightly, as well as seeing that any openings around your outside doors have the proper weather stripping.

Keeping More Cash Tip #4: Use Fans For Circulation.

Did you know that moving air helps to increase evaporation of moisture in the air in your home? If you use air conditioning regularly, you can make your family more comfortable by installing ceiling fans. Doing this will enable you to lower the setting on your air conditioner, keeping your home comfortable, while saving cash every month.

Keeping More Cash Tip #5: Keeping Walls Clean Without Paint.

If your family is anything like mine, they are always moving through the house with dirty hands, touching walls and light switches, creating ugly marks and fingerprints. Before you get the temptation to buy paint and repaint your interior, try a cloth with warm water and gentle soap first. Doing this will clean most marks off your walls. Then you can keep the $25 or more in your pocket that you would have spent on a can of paint, every time your walls and switch plates get dirty again.

Related posts:

7 Summertime Tips for Homeowners
A New Kitchen Can Increase Your Home's Value and Enjoyment
How To Save 10% Per Year On Your Home Energy Bill

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