Renting an Older Home? 4 Utility Cost-Saving Updates

If you’re renting an older home, you may discover that utility costs are more than you might expect. There are several reasons that you may be paying more than in a newer home. Often, they are little issues that can easily be fixed for just a few dollars. Consider making a few updates to your rental to save money in the long run. Just be sure to get landlord’s approval before beginning any project.

Are Your Utility Bills Higher Than Expected?

If a pipe is leaking, even if it only looks like a small drip, it could result in significant water usage. According to the USGS Water Science School one drip per second (think Drip… Drip… Drip) equals 86,400 drips per day which is roughly 5 gallons per day or 2,082 gallons per year.

Plumbing Problems: 4 Tips for the Amateur DIY Plumber

Being a first-time homeowner can be both exciting and overwhelming. You can take pride in knowing that each payment that you make towards your home loan is helping you build equity in your home. While building equity is something to be proud of, now that you are the homeowner, gone are the days where you can call your landlord if something goes wrong with the plumbing. It’s now your responsibility to pay for the repairs that you need whenever something breaks down. A good way to save on the cost of the repairs is to learn to do it yourself. If you’re starting to notice that something isn’t right with your plumbing, here are some DIY tips:

Frugal Finances: 5 Ways to Save Money on Home Bills

Home expenses can creep up significantly, often without your realizing it’s happening. Price increases and the growing need for everyday services can eat into your income rapidly. But you can take control of your home expenses, if you carefully review how you are spending your money now, and make a few changes to live more frugally. Here are 5 ideas that can get you started on saving money: