Economical Living Can Help Save Money and the Planet

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Two of the most important challenges facing households today are how to live more economically and how to be more environmentally friendly.

Baines and Ernst have published a new Infographic called ‘Live more economically and save the planet‘ which primarily offers advice on the first of these issues. However, much of the advice given can also be seen to be good for the environment and can indeed contribute to saving the planet.

Energy bills

Households use 68% of their energy consumption to heat their homes, so this should be one of the areas considered if you are seeking ways to reduce your utility costs. Draught-proofing suitable parts of the home and adding loft insulation can save the average household over £150 per year. And double-glazing your home can save an average of £140. Adding wall insulation can save typically £160 per year. Whilst these measures can be initially costly to implement, there are several charity and government schemes which can help with the costs. The potential savings to be made by making sure that your home is better insulated will repay the cost in just a few years.

There are other great tips for reducing the cost of utility bills, all of which will lead to a greener lifestyle and hence slow down global warming. Ideas such as turning your fridge’s temperature setting down slightly, washing clothes at a lower temperature and ensuring appliances are not left on standby will hardly impact on your everyday life but will have a noticeable impact on your yearly outgoings.

Another method to reduce utility bills is to use a utility comparison service such as that offered by Baines and Ernst called Solve and Save. After you provide details of your utility bills, the comparison service will search to see whether you are on the best possible tariff. And if you are not, this service can even arrange the switch to a new supplier.

Water consumption

Water is a precious resource which we all take for granted to a certain degree. Clean drinking water, hot showers and flushing toilets are luxuries that we would not want to be without. Helping to save water secures the long-term future of this resource for our planet. And in addition, if your household has a water meter it can help to save you money. Baths use, on average, four times as much water as a shower. A single dripping tap could waste up to 120 litres of fresh clean water each month. Installing a water butt is a simple, cost-effective way of trapping rainwater which can then be used to water your plants and lawn.

Food waste

In the United Kingdom, households typically waste £480 worth of food that gets thrown away.  Follow some simple tips such as never going shopping when you are hungry (you will always buy more food!), setting a proper weekly menu plan each week and ensuring you stick to it and always making a list before your grocery shop. You will find that not only do you cut down on monthly supermarket bills, but you will also waste much less food, which of course is good for the planet!

These tips are a starting point towards adopting more economical and environmentally friendly policies for your household. Just one household implementing these changes would seem to make only a very small difference to the problem of global warming. But if we were all to make these changes it would have a great impact on our planet.

This post was generously sponsored by Baines & Ernst

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  • These are great suggestions, but an important piece to point out, as you did, is that several of the recommendations can be costly to implement. Here in the U.S. many Community Action Agencies have weatherization programs that will inspect the energy efficiency of a home and put in better insulation or windows – for free for qualifying low-income home owners.
    And along the lines of water consumption – I encourage low-income folks to use a reusable bottle and filter rather than lots of pre-bottled water. It’ll save a lot of money for the individual, and doesn’t necessitate all the plastic production / disposal.

  • abe froman

    Growing your own food is another great way to save money and the planet. Check out http://blog.provensustainable.com/?p=273 and yougrowgirl.com for tips on how to get started!!

  • One of the biggest ways we can save money on living costs is by owning smaller homes. Especially in the US, we’ve grown to cling to an antiquated notion of the components of a house as opposed to what we actually use in modern culture. Formal living rooms and dining rooms are prime examples of things that everyone expects to be there, but don’t really reflect how we live any longer. At the same, not only does it take resources, energy and money to build these spaces, but we continually pay to temper them and maintain them. Having an efficient envelope is great–a must in how we build today–but trimming square feet off of the house in the first place will lead to even more savings to us and the environment.