"There is no doubt about it, living is expensive. I’ve found that my home tends to be a constant source of unexpected piling expenses. Between utilities, maintenance, and all that “must-have” decor (we all need a decor refresh here and there), figuring out how to keep my finances in check feels like a constant battle. I recently learned that a lack of financial knowledge can cost an average household over $5,000 per year, according to a recent study. I don’t know about you, but I can’t afford to be uninformed, especially in this economy, so I set out to research and adopt a few solutions for keeping my pesky household expenses in check.
this is your sign to stock up
To my surprise, there are so many ways to save on home expenses, and I was overlooking most of them. With the help of a few experts and some personal methods I’ve tested and swear by, here are 16 hacks that can help you save money on things like your cable bill, water bill, and even decor updates, without sacrificing comfort.
Develop energy-efficient practices
1. Switch to LED lightbulbs
Did you know that LED lights use at least 75 percent less energy? According to the U.S. Department of Energy, if every household replaced just one incandescent bulb with an LED, it would save about $600 million in annual energy costs. Not to mention, they last up to 25 times longer than traditional incandescent lighting, so you’re buying far fewer light bulbs over time, too. When I learned this, I decided to give them a go in my own home, and I was immediately a convert. I love the shade and color choices, from traditional fluorescent to soft warm hues (the dimmer, the better, in my opinion). Practically every shade and size is available, making an all-over change easy.
2. Stop leaving everything on all the time
I come from a family that would leave a light on for our future selves to come home to, and I did sleep with a nightlight for many, many years. Some days, when I’m running late, I’ll get halfway to my destination and wonder whether or not the ceiling fan in my bedroom is still spinning like crazy, lights a-glow. The Office of Energy Efficiency and Renewable Energy reports that personal residences account for about 21 percent of the total energy use in the United States, and I can’t help but wonder how much lower that number could be if we didn’t leave everything on constantly.
Though it may look like your coffee pot, clock, and other devices are sitting quietly, they use energy even when they’re turned off but still plugged in. Consider unplugging devices when you go on a trip or a long weekend, and in the meantime, stop leaving your desktop monitor, TV, and other small devices on and running all the time!
Monitor your water usage
3. Address leaks and cracks right away
Drips from a leaky faucet can add up to gallons of wasted water over time, and with it, money that slips right down the drain. Replacing a leaky faucet can cost less than $10 and takes just minutes. If you live in an apartment, contacting your landlord or building manager to address these concerns can end up saving you time and money on repairs as well. I might be the least handy person I know, but YouTube and TikTok exist for a reason. The number of home repairs I’ve been able to do with a little help from the internet is truly impressive if I say so myself.
“A lack of financial knowledge can cost an average household over $5,000 per year.”
4. Install a faucet aerator
A faucet aerator might sound like a complex device, but it’s actually a small, simple attachment that screws onto the end of your faucet. It mixes air with the water to reduce flow without lowering pressure, helping to conserve water while also filtering out debris and minimizing noise and splashing. This means you’ll save money on water bills and avoid messy puddles around the sink. Best of all, it costs less than ten dollars and can be picked up at your local hardware store.
5. Install low-flow showerheads
Installing low-flow showerheads, which are designed to use less water than standard models, can help dramatically decrease your personal hot water use, according to LaurieAnn King, co-CEO of Dow Janes. Don’t worry, this won’t have any effect on the vibes of your everything shower, but while you’re making changes, it wouldn’t hurt to cut back a few minutes from your routine. I’m not saying to rush the time it takes to do a deep-conditioning mask, but maybe don’t practice your work presentation while standing in the running water. After all, cutting even one minute from a daily shower could save about 75 gallons a month, according to the Regional Water Provider Consortium. That is money you could be spending elsewhere, like on a new hair mask once you run out.
Re-examine your heating and cooling practices
6. Cover your windows
It’s possible to keep your home cool during summer-time heat waves without causing your electric bill to explode. A great way is to cover those windows! According to energy.gov, about 30 percent of a home’s heating or cooling energy is lost through windows, and about 76 percent of sunlight enters in the form of heat. To help combat this, try adding sunlight-blocking curtains or blinds to your windows. This doesn’t mean you have to sacrifice your decor aesthetic or the look of your floor-to-ceiling glass windows. Closing the blinds only when you leave home is enough to make a huge difference in maintaining the temperature. Plus, it’s a great and non-permanent way to explore your home style.
7. Use a humidifier
It may sound hard to believe, but investing in a humidifier for the colder months can help reduce your heating bill. Sure, humidifiers don’t literally warm a room, but water vapor holds more heat than dry air. Running a humidifier will also reduce nasty static electricity, making you feel warmer and less prone to painful, dry skin and locks. I use my humidifier constantly, which keeps my thermostat lower and my skin feeling hydrated and glowing in the cold months. In my experience, even inexpensive humidifiers work exceptionally well. Lowering a bill, adding to comfort, and improving my beauty routine? I’m convinced.
Streamline your internet, streaming, and cable services
8. Remove optional add-ons
When it comes to your internet, cable, or phone bill, I bet you have package add-ons you don’t even know about. New customer promotions and trials often sign you up for things that you’ll never think about checking again. Think: Free equipment or services that are good for a limited period… and then they tack right onto your monthly bill. These sneaky add-on services could be costing you $20 or more a month. Give your internet or cable company a call and make sure you’re aware of what your monthly bill really includes. Are there services you aren’t using? My internet package came with a free trial of a few streaming services I never used, and I totally forgot about them for a full two years. Needless to say, I was really excited to have a few extra bucks in my pocket after canceling them.
9. Rotate your streaming services
Ditching cable was one of the best things I did to lower my utility bills each month, but then I realized that the cost of all the streaming platforms I was paying for instead was making a serious dent in my monthly budget. The truth is, I love them all, but I don’t use them all every single month. Some months, my Hulu account collects dust because I’m glued to Netflix. Instead of paying for both at the same time, I rotate platforms every few months, depending on what shows I’m watching. This is as easy as logging on and pausing your membership until you’re ready to jump back in.
Lean on your community
10. Borrow or rent tools instead of buying them
When my parents dropped me off at college, they gave me a handy-dandy toolbox fit with all the things they thought I would need. (Basically, my dad wanted to make sure I could hang my own wall art with a screwdriver and some nails.) But when I moved into my first post-grad house and wanted to do a few projects, I realized that my little toolbox didn’t have everything I needed for anything bigger. Instead of buying tools I’d likely only use once (I’m a simple gal who doesn’t need to own a power drill), I turned to friends to borrow what I needed. This saved me a lot of money—not to mention, precious garage storage space.
“If every household replaced just one incandescent bulb with an LED, it would save about $600 million in annual energy costs.”
If your friends or family members don’t have what you need, look for rental services through local tool libraries. Communities usually post these options on bulletin boards or in email newsletters, but you can also do a quick search for tool libraries in your area. Sometimes, they can come with a small rental fee, but that will almost always be cheaper than buying the tools yourself. This is a great option for small projects, but even better for larger projects like power-washing the driveway once a year.
11. Take advantage of local programs
You’d be surprised how many community programs are available for homeowners and renters alike that can save you hundreds of dollars. For example, when I realized that my landscaping could use a little excitement, I was able to get a free tree for my yard from our city, thanks to our local nature program. I don’t know if you’ve ever looked at the cost of landscaping, but it sure surprised me how much plants and trees cost. This program was a huge help, and it only took a little bit of research to find and apply for online.
Spend some time talking to neighbors and searching online to find out what types of local programs are available to you, whether that’s a nature one like mine or other home-related repair or restoration programs. They are in place to help the community and the homes within it thrive, so don’t be shy about taking advantage of them.
12. Look for “buy nothing” groups
It’s almost impossible to find anything truly free these days, but “buy nothing” groups are a little-known secret that can save you so much money. Many local communities have these groups where people give away furniture and decor for free, rather than going through the hassle of selling it. Simply search on Facebook or ask around to see if there is a “buy nothing” group in your area. If there isn’t, try starting it yourself. Trust me, when people hear “free,” they’ll come running.
Be more resourceful
13. Use more reusable and refillable products
It may seem easier to use something once and then toss it in the trash, but you’re throwing away your hard-earned cash along with it. Instead of going through a roll of paper towels a week, swap them for reusable cloth ones, and just wash them between uses. (You’re doing laundry anyways!) Similarly, opting for refillable products, such as countertop sprays, laundry detergent, and hand soap, is another great way to save money. When you opt for a refill (which often comes in a bag rather than a plastic container) rather than an entirely new product, you save money on the product itself—plus, you reduce waste. Take a look at what you use regularly and see where you can make simple swaps to incorporate more reusable products and save yourself a few bucks every month.
14. DIY projects—or outsource them affordably
When something breaks or a new decor item needs hanging, it’s tempting to start researching your local handyman options. But before you jump right to outsourcing help, consider whether or not you can complete the task yourself. If you want to repaint your bathroom, I fully believe you’re capable of doing it. The same goes for projects like repairing small holes, switching out shower heads, and simple decor changes (like these IKEA hacks we love). Taking on small projects yourself will save on cost and allow you to create the desired result on your own time.
“Drips from a leaky faucet can add up to gallons of wasted water over time, and with it, money that slips right down the drain.”
However, if you need a true pro to do things, like fix plumbing, replace a window, or mess with anything electric, ask an experienced family member or friend first. If they aren’t capable, then ask around for trustworthy yet affordable contractors. Attempting (and failing) projects that you’re unqualified for will end up costing more money in the long run when it comes to repairs, parts, and the manual labor of the person you hire. Platforms like TaskRabbit and Angi are great resources for finding professionals in your area if no one has recommendations for you. Just make sure you read their reviews first. The last thing you need is to get overcharged by someone who won’t do the job right.
15. Capitalize on warranties
Instead of running to Amazon to replace something the second it breaks, check to see if it has a warranty. I know this sounds like you’re going to have to rummage through your cabinets to find the manual for your microwave, but it’s as easy as doing a quick Google search of the item. Most manufacturers list warranties right on their website, so you can quickly assess whether or not you qualify. Even if you’re outside of your warranty, contact the company to see if they can replace or repair it before shelling out the cash for a new version. Sure, this might take you an extra few minutes, but I beg you not to spend money on something new when you could get it for free.
16. Find decor dupes (or wait for a sale)
Saving money on decor doesn’t mean you have to sacrifice your style or the trends you love. Have your eye on a specific headboard or decorative throw? There are a few options you should consider before hitting “checkout.” First, is there a similar, more affordable style that you like just as much? The best way to find dupes is by reverse image searching on Google. It will display similar items to the one you’re searching for and provide links at all price points. Amazon has some high-rated and low-cost options that look just like they popped off the floor at stores like Crate & Barrel and West Elm.
If you can’t find anything that strikes your fancy as much as the item you are eyeing, wait for a sale. Turn on those notifications or check back every once in a while to catch annual or seasonal sales from those brands you know and love. Bank holidays in the United States (think Memorial Day, Labor Day, Fourth of July, Black Friday, and Cyber Monday) are the best time to plan your shopping for everything from decor to appliances. Sure, you might have to wait a few months to get what you want or need, but you’ll save a lot of cash by doing so. If you ask me, that’s worth it. Every dollar counts.
Sydney Cox, Contributing Writer
Sydney Cox is a Chicago-based writer and intimacy coordinator who is passionate about exploring the complexities of human connections and teaching readers to advocate for themselves. Sydney’s work has been featured in various publications, where they aim to foster open and honest conversations.
Lauren Blue, Assistant Editor
As an Assistant Editor for The Everygirl, Lauren ideates and writes content for every facet of our readers’ lives. Her articles span the topics of must-read books, movies, home tours, travel itineraries—and everything in between. When she isn’t testing the latest TikTok trend, she can be found scouring Goodreads for new releases to feature on the site.