Money Talks: Open Topic + Utility Savings

This Open Topic day had calls about saving on your utility bills and emails about stock splits and finding tax information concerning a company in bankruptcy. Nancy mentioned MarketWatch's tweet about budgeting: https://twitter.com/MarketWatch/status/1096990188864241666set goals for paying down debt, building an emergency fund, saving for retirmentcalcualte net incomeafter needs are met, pay towards goals, THEN wants.Southern Pine Electric has provided a list of 10 Easy Ways to Lower Your Power BillTurn Off The Lights: Mom was right. Turn off the lights when you’re not in the room. Even energy-efficient LED and florescent lights. Every little bit helps.Turn Off Ceiling Fans: Ceiling fans only make us feel cooler because they move air across our skin. If you’re not in the room, you’re wasting money if it’s on.Avoid Space Heaters: Space heaters aren’t meant to heat a whole room or run for very long. More often than not, it’s less expensive to run an energy-efficient home heating system instead.Line Dry Clothing: Instead of drying clothes in an electric dryer, hand them on a line and let the sunshine do the work. It’s free.Open Blinds on Cold Days: Open blinds during the day to let in extra warmth from sunlight. But shut them at night to keep your warm air in.Close Blinds on Hot Days: Shut your blinds during the day. That blocks out extra heat from sunlight, so your home stays cooler longer.Kill the Vampires: Anything plugged in keeps sucking electricity even when you aren’t using it. To kill these “vampire electronics” unplug anything you aren’t using : a phone charger, a microwave, a hairdryer. You get the idea.Close Doors & Windows: when your heater or a/c unit is running, your home should be sealed. The more inside air you lose, the higher your bill well be.Seal Up Cracks: Even with doors and windows closed, air can still escape through cracks, costing you money. The solution? A $3 tube of caulk and some inexpensive weather stripping.Set Your Thermostat: When it’s worm out, set your thermostat to 78 degrees. When it’s cold, 68 degrees. Hosted on Acast. See acast.com/privacy for more information.