How being eco-friendly can save you money

Category: Personal Finances

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Making eco-friendly choices can be a great way to help out the planet. After all, every little bit helps. But did you know that going green can save you some green, too? Most eco-friendly lifestyle choices go hand-in-hand with saving money, so not only can you feel good about doing your part to pitch in, but your wallet will thank you, too.

When you want to save money by going green, remember the three R’s: reduce, reuse, and recycle. Some of the ways that you can do that include:

Cutting down on your gas costs

If you drive a lot on a daily basis, consider investing in a fuel-efficient vehicle. Otherwise, there are ways you can cut down on gas expenses. Emptying out your car and driving slower, for example, are two ways that you’ll save at the pump. And if you can eliminate driving completely by walking or bicycling, even better. When you need to drive somewhere, try to carpool.

Unplugging your appliances

When you aren’t using them, turning them off will definitely help you save on energy costs. But unplugging any unused appliances will make an even bigger difference.

Reusing boxes and bags

When you go grocery shopping, use bags from previous shopping trips. You can also use the bags for other purposes, instead of just tossing them in the trash when you get home. The same goes for boxes—everything from moving boxes to product boxes can be used again and again.

Replacing old appliances with newer, energy-efficient models

This may be a little bit of an investment, but it will pay for itself in no time. You also may be eligible for certain tax credits.

Swapping out disposable batteries for rechargeable ones

Disposable batteries aren’t designed to break down into organic compounds. Many of them contain dangerous substances that can harm the environment. Rechargeable batteries are a little more expensive initially, but you can keep using them.

Growing your own food

If you don’t exactly have a green thumb, start off slowly. You can begin just by planting some simple vegetables or herbs.

Conserve water

Conserving water is one of the easiest ways to go green, which will also cut down on your monthly water bill.

Purchasing used products

You can save money on just about anything when you buy it used. Usually, you can find used versions of products that are practically new. For instance, next time you are in the market for a new car, consider purchasing a certified pre-owned vehicle instead. Purchasing used items stops the product from ending up in a landfill and cuts down on the need for new products to be manufactured.

Plugging any energy leaks in your home

Completely eliminating the use of an air conditioner and/or heater may be unrealistic, but you can conserve the energy you’re using by plugging any areas throughout your home, such as gaps and cracks, in which this air escapes through. Make sure these areas are sealed and that your home is properly insulated.

Swapping out your light bulbs

Reduce the amount of energy that is expended from traditional light bulbs by swapping them out for energy-efficient compact fluorescent light bulbs (CFLs). This can reduce energy by 50 to 75 percent.

If you’re looking for a way to take care of accumulating expenses and bills, Peachtree Financial Solutions can help if you are receiving annuity payments. At Peachtree, we buy annuity payments from people that need their money now. You have different options when it comes to selling your annuity payments for cash now: you can sell some of them, most of them, or even all of them. Many of our customers prefer to sell just a portion of their annuity payments for cash now, but the decision is entirely yours! If you need help deciding how many of your annuity payments you’d like to sell, contact us today. We can customize a unique quote for you, based on different aspects of your specific case, including your current needs and the value of your payments.

Nothing above is meant to provide financial or tax advice. You should meet with appropriate professionals for such services.

Tags: budgeting, eco friendly, home renovations, Home Repairs, saving, utility bills

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