To cut down on costs, I took a look at my bank statements to have a general idea of what my expenses were. I took a statement from one year ago and compared it to last month’s statement. One thing that I noticed is that my heating bill went up. For 2014-2015, my heating bill has gone up by $22/month. That is $264/year that I’m paying extra. That money could be invested and possibly get at least 7% returns from the market. That could be used for our next family vacation.
I started researching on ways to reduce my heating bill and these are a few that I’ve come across:
* Make your own draft snake
* If you just finished baking a pizza or a pie, leave the oven door ajar and use that heat for an extra blast of warmth in the kitchen.
* Set your thermostat to 20 degrees. You can reduce your heating bill by 5% to 10%. It might seem a little bit chilly, you might be surprised at how you can get used to it.
* Run bathroom and kitchen fans when needed since they will blow the warm air out of your house.
* Let the sun in during the daytime, especially in south facing windows, to heat up the home. Close blinds and curtains at night as it adds an extra layer of insulation to the window.
These tips seem very easy for anyone to do. Do you have any tips that is easy to implement?