The COVID-19 pandemic has hit many of us hard. The respiratory infection has proven that it can afflict anyone, regardless of age or health. Anyone can catch it, and anyone can spread it. Even newborn babies are not immune to its dangerous effects. In most cases (thankfully) the illness is not life threatening. However, there are many of us who have tragically lost loved ones to the virus. Even those lucky enough to have avoided infection completely have been hit hard right where it currently hurts the most… in the bank account!
Lots of us are currently working from home, experiencing pay cuts of at least 20% and in many cases losing work and income altogether. Your home can either be your greatest ally when it comes to making savings… or your greatest enemy. Here are some ways to stop your home from costing you a fortune while on lockdown…
Stop letting your money go (literally) out the window
With the whole family at home, your comfort is essential in keeping you productive at work or relaxed in your free time. And comfort starts with the perfect ambient temperature. However, if you’re using your heater or AC all day and have windows with poor energy efficiency, you could literally be losing money out through your windows. New window installation could see you save up to $465 a year when replacing single panes. Oh, and don’t make the mistake of assuming that because you’ve got double window panes you’ve got energy efficient windows. Replacing your windows now could still save you up to $111 a year.
Speaking of saving money on heating costs, you might want to head into the attic to take a look at your insulation. If you see little burrows, bite marks or droppings it may have been home to nesting rodents under winter. Replacing it could save you anywhere between 10% and 50% on your heating bill.
Rethink your energy supplier
Of course, as well as making your home more energy efficient, you should also look into making your energy cost less. It’s all too easy to let your contract with your current provider roll over. In fact, they’re counting on it. But changing your energy provider routinely can ensure that you get the best deal, especially given your increased usage under the current circumstances. Your usage has changed. Your energy package should change with it.
Working from home? Check on your phone (package)
Your energy provider isn’t the only thing you should consider changing, especially if you’re working from home. You should also take a close look at your phone package if you make a lot of outbound calls for work. This can see you spend a fortune, and even if your employer reimburses you, the turnaround can still hurt your bank balance.
Unplug the energy vampires on standby
Finally… It’s such a tiny and easy step to take, but can save you a great deal in the long term. Many are unaware that electrical goods on standby use almost as much energy as when they’re switched on. Make sure they’re unplugged or switched off at the wall overnight. And remember not all games need to be plugged into the wall. A fun boardgame can be just as great for couples and families as a games console’s offerings!