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money pit mansion

Money Saving Hacks All Homeowners Need to Know

money_pit_mansion In 1986, Tom Hanks and Shelley Long starred in the hilarious movie, “The Money Pit.” Needing to move, but not having a lot of money to buy a house, in the film they were duped into buying a house that unknowingly was in desperate need of repair. One thing leads to another and before they knew it, they were in over their heads financially and structurally when the floor literally caves in. As a homeowner, you may be able to relate to the movie, but hopefully not to those extreme measures. Regardless of whether you are in the market for a new home, or if you've been a homeowner for many years, here are some tips for saving money at in your home.

Utilities

Some of the simplest ways to save money don’t involve major home improvements, but they are the small things that you can do on any given day.
  • Flipping a switch to turn lights off in an unoccupied room
  • Wrapping your hot water heater with insulation
  • Lowering the thermostat on your water heater
  • Adding more insulation to your attic
  • Putting an empty jar in the tank of your toilets
  • Setting your water heater on a timer,
  • Installing a programmable thermostat that will heat or cool your home during times when you are there …
The list goes on for simple habits that can save you money every month.

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