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Home Improvement Tips to help you save money off your home

Posted on 01 June 2018 by admin (0)

If you’re someone who makes a habit out of tracking your expenses monthly or weekly, you’ll realize that your home is taking quite a big bite off your pocket. Don’t believe it? Here are a few money gulping sources:

  • Electricity: Pretty obvious but still worth mentioning. Powering all of the light bulbs, your television, refrigerator(s), HVAC unit, and pretty much everything else that’s in use contributes directly or indirectly to the overhead electricity bill.
  • General Maintenance: The occasional roof leakage that has to be fixed, the repainting jobs when you get tired of some drab color. All of the here and there plumber payments. These all contribute their quota too in some way to the maintenance costs of your home.

These two broad categories basically cover the bulk of expenditure on residential properties. Below are some tips that will help you to cut down on your home running expenses and leave some extra cash to do whatever you like with.

  • Track Expenses: You can’t save on what you don’t know. The starting point for saving on residential costs is by tracking exactly how much you’re spending in the first place. You can take a survey period of between 3 to 6 months within which you record every expense and exactly what it’s been spent on. When you’ve been able to create a fairly accurate map of your home maintenance spending, you are in a better position to determine what is useful and what isn’t.
  • Cut down on waste: We all easily ignore adverts and articles about saving energy, however, these things are very important. Little tips like turning off the lights when you’re not using them may seem cliché, but they’re actually very vital in reducing the eventual amount that you’ll get to spend on electricity.
  • Be Proactive: Rather than wait for things to break down before fixing them, paying for preventive maintenance is a smarter way to go. Have scheduled maintenance periods when professionals come to give your appliances a look over, this will help in keeping your stuff in good shape. You may even have the plumber run a quick check on your home piping system say once every two months, just to be sure that you catch those leaks before they happen.
  • Use Technology: Smart technologies like Nest and a host of others are the in thing now. From temperature to control to security and other functions, smart technology is helping to keep the home at the exact conditions desired by the owner. With the integration of the Internet of Things, the level of control over how much electricity has been increased; these technologies will go a long way in helping to track and control your energy costs.
  • Use Renewable energy: Ever fancied having a solar panel on your roof or a wind turbine in your garden? Renewable energy is a good idea for cutting costs. The initial installation fees may be quite on the high side, however, it’s long term, and besides, government gives tax credits in some cases for the use of Renewable energy.

We hope that the above ideas will help you one way or the other in reducing the amount of money you have to spend in running and maintaining your home.