Green Your Finances & Save the Earth

With all the talk about going green and saving the earth over recent years, I have often wondered does going green REALLY make that much of a difference toward restoration of the earth?  I’ve also wondered if our efforts toward climate change and energy efficiency actually add to our wallets or take away from them.

After taking some time to research this topic, I have come to the conclusion that “going green” can save you “green” (money) in the long run.  Yes, my friends, “greening” our finances can help save the earth.  There are simple, cost-effective things that you can do to not only help reduce your impact on the environment, but also save you money over the long haul.

The first thing that you can do is become more energy efficient.  The more we save energy, the more money we will save.  A very simple way to become more energy efficient is to set your thermostat 2-3 degrees lower in the winter (put a sweater or sweatshirt on if you’re prone to being cold) and 2-3 degrees higher in the summer.  This will save on both your heating and cooling costs and though it might take some getting used to the temperature adjustment, you’ll be pleased when you get your power bill and you’ve saved $20-$30.

Another easy way to save on energy is to purchase compact fluorescent light bulbs (CFLs) for every light in your home.  CFL’s use less energy and last much longer than incandescent bulbs, thus, saving you money.  Don’t forget the golden rule to turn lights and appliances off when they are not needed!

Have you ever received your water bill and thought, “This is simply too much money to pay for water?”  I know I have.  Reduce your water consumption by installing low-flow showerheads and taking shorter showers.  You can also use rain barrels to capture water for watering your plants and garden.

Wash your clothes in cold water and consider using a clothesline or drying rack for drying.  This will save a great deal of energy and save you money as well.  (Plus your clothes will smell so fresh!)

Insulation is important for energy efficiency.  Much of the time homeowners have no idea the R-value of the insulation that is in their homes, thus, if the value is super low it is costing you more to heat and cool your home.  Check it out and consider adding insulation as well as insulating water pipes and electrical sockets.  Check your windows and be sure that there is adequate caulking.  Making sure your home is as energy efficient as it can be will most definitely benefit you and save you money.

Lastly, drive less and walk more.  Gas prices seem to always be increasing and takes its toll on our finances.  If you live close to your work or supermarket, consider walking or riding a bike.  Not only will this save you money, but you’ll also be exercising and it will benefit your health.  If you live too far from work to walk or bike, check around with work buddies to see if they are interested in taking turns riding together to work.

Undoubtedly, “greening” your finances can help save the earth, little by little, day after day.  As more and more people become more environmentally friendly, we’ll see more and more of our beautiful earth cared for and restored.

This article is by Dominique Rodriguez, a freelance writer with CreditDonkey.  While it’s best to walk or ride a bike, if you do have to drive, make sure you use a gas rewards credit card that lets you earn up to 6% cash back on your gas purchases.

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