Save money by going green

From reducing your carbon footprint to bringing down your energy bills, finding new ways to go green can be a very appealing idea. Here are our top eight tips for sustainable living on a budget when investing in a greener home.

Be mindful of heating your house

Another of the top eight tips for sustainable living on a budget is to be mindful of heat use. While it’s tempting to turn up the heat when temperatures drop, ensure you are only using the appropriate amount of cooling and only when necessary. The Department of Energy recommends turning the thermostat to 68 degrees Fahrenheit‡ when you’re awake in the house. When you aren’t at home, turn it up to as high a temperature as comfortably possible (check with your vet if you have pets). It’s estimated homeowners save 10% each year on heating and cooling by managing temperatures this way, which can be easier to do with a programmable device. Many modern thermostats also allow you to control the temperature of your home from an online dashboard.

Start a compost pile

According to the U.S. Compost Council, composting offers several benefits‡, and it’s a cost-effective way to be a little more eco-friendly at home. Compost improves soil and plant growth by reusing decomposed materials, helps with erosion control, and can also bind and degrade certain pollutants. To compost, simply gather grass clippings, leaves, shredded paper, leftover produce and coffee grounds and pile these elements in a container. You’ll want to keep your compost damp and regularly turn the pile to ensure the process is underway. If this is your first experience composting, you’ll want to try it during the warmer months to improve your chances of success. It’s a simple way to make your home eco-friendly and reuse waste you would otherwise throw away.

Rethink your interior

If you are remodeling or looking to change up some of your décor, consider using eco-friendly and energy efficient materials. Bamboo, cork, reclaimed lumber, hemp, wool and stainless steel are among some of the more easily replenished natural resources. In addition, investing in energy-efficient appliances and windows also offers financial incentives, like tax breaks and lower energy bills throughout the year. Fortunately, many of these materials are also quite stylish and some, like cork, can be more affordable than other resources.

Keep it cool

Heating water requires energy. That’s why it’s best to use cold or even warm water when using the washing machine. You can even use detergent specifically designed to work well in cold water to help make the transition to a more energy-efficient laundry method easier.

Lighten up

One of the top eight tips for sustainable living on a budget is to change to LED bulbs.Lighting is something used every day that can require quite a bit of energy. The Department of Energy states that changing your five most-used lights from regular light bulbs to models that have the ENERGY STAR designation‡, could save you $45 each year. Check with your utility company to see if it offers rebates or discounts for investing in more energy-efficient light bulbs. In some cases, you may even receive some for free or at discounted rates.

Reduce water usage

To help preserve water, commit to taking shorter showers, fixing leaky faucets, only running the dishwasher or washing machine when necessary, and collecting rainwater to help water your plants. You may want to track water usage and find your own unique ways to reduce consumption of this resource. These small changes are affordable, and they can help you make significant strides toward a much more eco-friendly home.

Consider solar

If you’re considering solar energy, but aren’t sure you are prepared to make the financial commitment, you can lease panels on a month-to-month basis from some solar companies. Another benefit of renting panels is that the installer will be responsible for maintenance, which eliminates potential headaches in the future.

Opt for native plants

When landscaping your yard, invest in native plants. These require less water, fertilizers and pesticides as they are already designed specifically for your climate. When heading to your local garden center, ask an expert to help out when selecting the shrubs, flowers and trees to ensure you invest in plants that will thrive with little to no help. Environmentally responsible homes are critical for communities everywhere. While there are several expensive ways to transform your property into a more eco-friendly haven, there are also small ways you can reduce your carbon footprint without spending too much money.

Combining these top eight tips for sustainable living on a budget with a little independent research, time and effort, you can live a greener and more efficient life.

UMB personal banking solutions offer convenience and simplicity to meet all of your past, present and future financial needs. From home loans to auto financing and everything in between, see how UMB personal banking can work with you to find the right products for your life and lifestyle.

Boost your financial know-how and sign up for our personal banking newsletter. We’ll send you informative articles right to your inbox.

When you click links marked with the “‡” symbol, you will leave UMB’s website and go to websites that are not controlled by or affiliated with UMB. We have provided these links for your convenience. However, we do not endorse or guarantee any products or services you may view on other sites. Other websites may not follow the same privacy policies and security procedures that UMB does, so please review their policies and procedures carefully.