1. Home
  2. Business & Finance
  3. Financial Planning

Save Money on Your Home Expenses - Part 2

for About.com

Cut Costs on Miscellaneous Home-Related Expenses

Save Money On Utilities - Water

  • Always do full loads of laundry. A typical full load uses about 21 gallons of water. A small load uses 14 gallons. Several small loads use considerably more water than one or two large loads. Over the course of a year, this adds up. Potential Money Savings: $25-$125/yr.

  • Run your dishwasher only when you have a full load. Let the dishes air-dry instead of using the heat cycle. An average dishwasher costs $60 to $100 per year to run. Potential Money Savings: $35-55/yr.

  • Fix running toilets or leaking faucets promptly. A continuously running toilet can use more than 8,000 gallons of water a year. Potential Money Savings: $25-125/yr.

  • Install flow restricting shower heads. A family of four can save 8,000 to 12,000 gallons of water a year. You not only save on the cost of the water, but also the cost of heating it. Potential Money Savings: $100-$300/yr.$

  • Add fabric softener to your laundry at the appropriate point in the cycle instead of adding it at the end and running another rinse cycle, which can use up to 10 extra gallons of water. Figure out how much time it takes your washer to reach the rinse cycle, and set a timer so you can add softener at the right time. Potential Savings: $25-100/yr.

  • Use warm or cold water for washing clothes, and always rinse in cold water. Potential Savings: $50/yr.

Save Money On Utilities - Other

  • Stick to basic phone service. Extra services like call waiting and call forwarding can almost double your costs for phone services. Potential Savings: $168/yr.

  • If you can live without cable television, you can save between $300 and $600 per year. If you can't live without it, get basic service only. You can rent a lot of movies for the extra $150 to $600 per year you pay for movie channels like HBO, Showtime, etc. Potential Money Savings: $144-700/yr.

  • Plant perennial flowers instead of annuals. You incur a one time cost and enjoy the flowers for years, with little additional effort or money. Annuals, on the other hand, require an outlay of cash and effort every year. Potential Money Savings: $100-$300/yr.

  • If you live in a cold region of the country, heating costs are a major expense. Tips on shaving some significant savings off your heating bill are covered in Save Money on Heating Costs.
  • Explore Financial Planning

    More from About.com

    1. Home
    2. Business & Finance
    3. Financial Planning
    4. Best Mortgages & Loans
    5. Save Money on Your Home Expenses

    ©2008 About.com, a part of The New York Times Company.

    All rights reserved.