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Tips for Saving Money on Your New Home

Sure, you’ve already thought about budgeting, going out for dinner less, and holding off on buying that big plasma TV. However, you’re still feeling like you’re pinching pennies as you move into your new home. After all, a new home can cost you a lot of money; from the price of mortgage and interior design to new appliances and energy bills. You already know every little penny counts, so check out a few of our simple tips for saving a few extra coins here and there:

Skip the Heat

According to the selection of microwaves currently on Target.com, these kitchen appliances can cost anywhere from $49 to $299.99. That’s a lot of money to fork out on an appliance you don’t even need! Your oven and stove top are just as good alternatives to cooking and heating your food. As long as you don’t mind waiting slightly longer to heat your food, there’s no need to spend money on a microwave right now.

Unplug Your Appliances

Did you know, even if your appliance is turned off, if it’s plugged in, it will still use energy? The energy your appliances suck up, even while they’re off, is often referred to as “phantom power”. Yup, your coffee pot, curling iron, laptop, and T.V. are all using phantom energy, which in turn, is costing you more on your electric bill. While only unplugging one or two appliances may save you a buck or two a month, just think about how many other appliances you can unplug to rack up the savings.

Adjust Your Thermostat

The chances of you noticing a few degrees difference in the temperature of your new home are slim, but your monthly bill will certainly take notice. Throwing on a pair of socks in the winter could make up for the few degrees you lowered the thermostat. Meanwhile, if there’s an unnaturally warm day in April, turn off the thermostat and open the windows for a few hours. You’ll be amazed at how easily you can wean yourself off a certain temperature and save money along the way.