A Room-by-Room Guide of Home Money-Saving

by Magical Penny on March 15, 2017

Though your home may mean the world to you, there’s no denying that it can be mighty expensive. The problem is that many people are losing money without even knowing it. Saving cash doesn’t necessarily have to involve huge lifestyle changes, but instead making some minor adjustments can really make all the difference.

So, let’s have a closer look at the house, room by room, to find out some quick and easy ways that you can save or make a bit of extra cash.

remortgage house loanLiving Room

Let’s start our journey around the house in the living room…and let’s begin by turning off the television! Not only will you save on electricity costs, you also won’t be so influenced by advertising telling you what to buy next! You can also spend this extra time doing more of the things you love, or maybe even channeling your energy into starting a small business.

Now, let’s look at that DVD, CD and game collection. With so many selling platforms available these days, it may be time to put some of these up for sale, clear some extra space and make some extra cash.

As your living room is where you spend a great deal of your time, this is where you can really rack up your lighting bills. Consider switching your traditional light bulbs for their more energy efficient LED counterparts.


lightbulb momentKitchen

It’s time to wander over to the kitchen. This is the room in which you are likely to rack up your electricity and gas bills, so why not do a quick energy comparison with Simply Switch? Switching to a cheaper provider is a great way to save money with minimal effort.

Now let’s move over to your fridge…is it disappointingly bare right now? Before you restock it, write out a clear shopping list and stick to it. This will stop you impulse buying and picking up that extra bag of Doritos that you really don’t need!

Instead of buying sugary soft drinks or fruit juices, try drinking some more of that clear liquid that comes out of the tap. Not only is it free, drinking more water has a range of important health benefits.

Bathroom

 

Though you may assume that having a shower uses less water than having a bath, that’s not necessarily true. Some power showers can be very wasteful which is why you should consider installing an eco shower head which controls the flow and spray pattern of the water.

While you’re in this room, if you can hear a drip, drip, drip, not only is this annoying, it could be money literally going down the drain. The longer you leave a dripping tap, the more money you will be wasting so don’t delay a minute longer   

Bedroom

We’ve already talked about putting your old things up for sale online, and your wardrobe probably has at least one or two things which you no longer wear. If there are some items that you feel you just can’t part with, there are even online platforms that allow you to rent out clothing just for the night. Remember, you are more likely to have success with a designer dress rather than a moth-eaten cardy!   

house mortgage UKSpare Bedroom   

If you have a bedroom that’s not currently being used, you could consider renting it out using a platform like Airbnb or similar service. Choose the dates that it is available, whether you are looking for a long term lodger or someone to come in on a more temporary basis. If you live in an area which makes it easier for people to commute, you are likely to find someone willing to pay for the room.

Attic/Basement

Now it’s time to clamber into your attic or basement. If you have some space around the home that you are not doing anything with, you may find that people are willing to pay for it. In town and city centres in particular, storage space is at a premium, so taking in a few extra things can net you a decent monthly income. Best of all, it is money for literally doing nothing!

CarDriveway

Take a loving look at your pride and joy parked out here. Doing some simple health check-ups on your car like changing the oil on a regular basis helps ensure it stays in good working order for longer. If there are times that your driveway is not in use, there are even sites online that allow you to rent your driveway. Again, money for doing nothing!

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