Tips for Saving Money in the Winter
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Tips for Saving Money in the Winter

Posted on Tuesday, January 19th, 2021 at 7:00 am
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Winter weather comes with extra expenses. Will the extra cost fit into your budget? Here are some tips for saving money during the winter months.

Seal Drafts

Cold winter winds can find their way into the smallest crack in a window or gap in a door. The cold air makes your furnace work harder – and that can raise your heating bill. One way to prevent this problem is to seal off the cracks in windows and underneath doors. Some people will purchase insulation kits from a hardware store. A less expensive way is to push rolled up towels into door gaps and window cracks.

Cook Meals at Home

Cold days require hot food! You can save a lot of money by cooking meals at home. Use your oven to make a pizza or a casserole. The heat from your oven will warm your kitchen. Don’t forget to turn down your furnace before you start cooking!

Cooking at home saves money in other ways. It forces you to use up your groceries before they go bad. Throwing out groceries is a waste of money! Cooking at home also prevents you from driving to pick up food at a restaurant and having to spend money to refill your vehicle’s gas tank.

Blankets and Sweaters

You can save money by turning down your thermostat and bundling up in sweaters, warm socks, and blankets. Add some extra blankets to your bed before you go to sleep. You probably have those items at home. Turning down the heat means you will spend less money on your energy bill.

Close the Flue on Your Fireplace

A fireplace can be used to heat your home. But, it only works while there is a fire burning. Close the flue after the fire goes out and before turning on your heater. Don’t let the warm air go out the flue!

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.