Beat the summer Heat with Money Management

Summer has arrived and it has become a bit difficult to escape from the scorching heat and soaring bills on air conditioners etc. Following money management tips may help you to stay cool while saving some extra money in summers:

• Air conditioners: You can properly shade your home as research says proper shading helps to reduce 30%-32% of air conditioning costs. Moreover in summers you can adjust the vents upwards as ‘cold air’ is heavier than normal air. You should clean the filters on regular intervals (once a month). Following these simple tips can help you to increase the efficiency of air conditioners and  save some extra money.

• Gardening: Summer season is favorable for planting fruits and vegetables. Growing fruits and vegetables will help you to  save money on buying from shops. Moreover it will help in keeping a cool climate around your home.

• Solar energy: You can save money by using solar panels to run your electrical appliances.

• Dry your clothes outside: If you have an open space outside your house, then dry your clothes outside. This will not only help you to dry your clothes, but also help in eliminating your laundry bills.

Following the above tips may reduce your bills and save some extra money, which you may use for a lovely summer vacation with your family.

This entry was posted on Friday, May 08th, 2009 and is filed under money management, personal finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or Trackback from your own site.