Author Topic: Home owner guide to saving money.  (Read 11901 times)

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Greenfinger

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Home owner guide to saving money.
« on: June 09, 2011, 11:40:19 am »
Listed below are the average savings that a typical family of four can make each year:
The total potential savings are £2,432 per year!


Water:
Use the shower and not a bath                                     £15
Use the shower for a minute less                                  £100
Use a low power setting shower                                   £20
Use a shower save head                                              £40
Fix leaking taps                                                          £9
Wash full not half loads in washing machine                  £41
Use Hippo Toilet flush                                                £20
Sub total                                                                  £245

Energy - Improvements:
A-rated washing machine, dishwasher and fridgefreezers  £73
Draught proof your home                                             £20
Lag hot water cylinder                                                 £15
Cavity wall insulation                                                  £110
Extra Loft insulation   to 270mm thick                           £155
Insulate pipes                                                            £10
Double glazing                                                           £140
Replace old boiler with more efficient one                      £235
Change TV to low energy LED                                       £32
Use low energy light bulbs                                           £11
Sub total                                                                   £801

Energy - Usage:
Only boil the water you need in a kettle                     £25
Use a dishwasher instead of washing up                    £200
Turn off all appliances on stand-by                           £30
Power down computer                                             £10
Turn heating thermostat down by one-degree             £60
Dry clothes on a washing line not in a tumble dryer    £70
Don't put wet clothes on a radiator                           £10
Close curtains at night                                            £25
Cook on the correct sized hob ring                           £1
Sub total                                                              £431

Other savings:
Drive your car at 55mph                                         £225
Cut down on food waste                                         £680
Grow your own vegetables                                      £50
Sub total                                                              £955


Banjo

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Re: Home Owner’s Guide to saving money.
« Reply #1 on: June 10, 2011, 02:38:33 pm »
It is amazing how much money you can save even by just changing a few things.
I certainly would only buy 'A' rated appliances now.
The new LED TV's are also very energy efficient.


Philofacts

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Re: Home Owner’s Guide to saving money.
« Reply #2 on: June 11, 2011, 10:22:54 am »
That is some saving if you did everything!

At least most new homes are better insulated.
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The Prophet

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Re: Home Owner’s Guide to saving money.
« Reply #3 on: June 11, 2011, 11:05:51 am »
Time to increase my loft insulation by 150mm.
I dont fancy doing it in the summer heat though.

lookingtobuy11

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Re: Home Owner’s Guide to saving money.
« Reply #4 on: June 24, 2011, 03:27:57 pm »
There are a lot of ways for us to cut costs.  I have children, and I hate how they leave lights and tv's on all the time.  I recently got the electric bill, and I about fell over.  I had a quick conversation with them about doing this! 

To the topic though, there are some really great things you can do to make your home more energy efficient.  I recently had a neighbor who is saving 25 a month because of the window replacement he had done.  Insulation also can play a major role in saving money on heating and cooling.  Also, there are some home services companies that can evaluate your house for efficiency and make recommendations on how to improve. 

I think consciousness is the best saver though.  If you are looking for ways to save then you will continuously find ways to improve efficiency and cut cost. 

Philofacts

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Re: Home Owner’s Guide to saving money.
« Reply #5 on: June 25, 2011, 09:10:47 am »
We have energy Performance Certificates in the UK that are required every time a house is sold.
It is an assessment of energy efficiency and gives suggested improvements.
By the way you can get TV's now that have motion sensors that switch off the TV after a period of time if no motion (people) are detected.
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FirstTimeBuyerGuru

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Re: Home Owner’s Guide to saving money.
« Reply #6 on: July 19, 2011, 11:07:00 am »
What a brilliant thread! I particularly like the one about it saving the average homeowner £100 a year by simply reducing their time in the shower by only a minute!

The little things really do add up to the big thing when it comes to saving money. It will also help if you use your microwave a little more than conventional cooking applicances.


Philofacts

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Re: Home Owner’s Guide to saving money.
« Reply #7 on: July 19, 2011, 11:49:18 am »
It does become a case of remembering to do these.
Harder in practice!
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FirstTimeBuyerGuru

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Re: Home Owner’s Guide to saving money.
« Reply #8 on: July 19, 2011, 09:04:46 pm »
That's true. If you want to see dedication then take a look at the US show 'Extreme Couponing' on youtube. It's phenomenal how much work goes into basically getting their weekly shop for free! Not sure I could do it.

Banjo

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Re: Home Owner’s Guide to saving money.
« Reply #9 on: July 20, 2011, 08:57:05 am »
If they spend a lot of time doing this it isnt for free!
Just another way of "earning" money.

FirstTimeBuyerGuru

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Re: Home Owner’s Guide to saving money.
« Reply #10 on: July 21, 2011, 06:18:50 pm »
That's true, it is basically a full time job for these people!