In today’s economy, people often talk about how they can reduce their expenses and increase the return on their investments. There are many ways to do this, and some are more challenging than others.
As I work with clients to maximize their incomes and improve their finances, one thing we discuss is how to reduce their utility costs. One of the items that typically comes up in these conversations is the programmable thermostat. Most people either they don’t have one or they have one but do not use it.
According to the energystar.gov website, a programmable thermostat saves an average of $180 per year. So if you have one, start using it. If you don’t have one, get one. Spending $40 to $100 for a programmable thermostat now can save you approximately $1,800 over the next ten years. Now that is an EXCELLENT return on an investment. Talk about savings!
You have a choice, and the choice is yours.
My Financial Life Coach, LLC
Delaware, Ohio 43015