One of the reasons people come to Money Mutual is to get in touch with a lender that can get them the short term loan they need. Also referred to as ‘payday loans,’ these short term cash loans are often used to avoid late fees on things like utility bills. Say, for example, the water bill is higher than you expected. A short term loan can get you the cash you need to pay it on time and avoid any kind of late fee. But even though you can get the funds you need now from one of Money Mutual’s participating lenders, it’s always a good idea to re-assess your utility usage, and find new ways to shrink your bills. Whether you rent or own your home, you can save money simply by making a few small changes around the house. If everyone in the house makes some small changes to their routine, you can save money, as well as energy, each and every day.
Stay aware of the air conditioning. When the weather is warm, keep your thermostat settings to no lower than 72 degrees Fahrenheit and consider using fans more often to cool things down. Whenever you leave the house, turn it up to about 80 degrees. Be sure to replace air conditioning filters when necessary and make sure the A/C units outside aren’t being clogged or blocked by plants. You should also draw the drapes and shades within your home as much as possible. This will help cool things down immensely, especially during the hottest part of the day.
In cold weather months, try keeping the thermostat at around 70 degrees during the day and about 65 degrees at night. You should also make sure the air return vents are not blocked by anything in your home such as rugs or furniture. These simple changes could save you up to 20% in heating and cooling costs.
When doing laundry consider shortening laundry cycles, using mostly cold water and minimizing your use of the dryer. In the kitchen, try cooking in the microwave rather than the oven and take time every now and then to check up on your refrigerator. Make sure the temperature is between 35 and 42 degrees and between 0 and 5 degrees for the freezer.
Water use is another big aspect of saving money. Make sure you repair leaky faucets immediately, try using less hot water, take shorter showers and turn off the water when doing things like brushing your teeth. If you’re going to be away for 3 days or more, flip the circuit breaker switch that turns off all water heaters.
With a few simple changes and a little education about conservation for the whole family, you’d be surprised how much money can be saved on the utility bills. Of course, despite your efforts in shrinking utility bills, if you ever find yourself in need of some quick financial help, you can always turn to Money Mutual.
