If you’re looking for a way to go green or if you are just looking for ways to save money, you will find several ideas in this article. These tips are intended to help you become more green conscience and to show you that it will not cost you tons of money to do so. Helping the overall environmental impact can only be achieved one step at a time. Below are 6 tips on how you can save money by going green.
1. Carpool or take Public Transportation
Cost Savings: Approximately $1,092
The average person commutes is 16 miles to work each way, and the average car consumes less than 23 mpg, which is approximately 7 gallons of gas per week. According to AAA Daily Fuel Gauge report the average price for regulator gasoline is $3.69 per gallon. That’s about $42 spent a week on fuel and $2,184 a year. Carpool with a co-worker, neighbor, or friend and you can save about $1,092 each a year. There are a number of web-based tools to get you started including Divide the Ride, eRideShare, and CarPool World.
If you can take public transportation you will see even more savings as you will not have the car payments, fuel costs, maintenance or insurance payments that you would normally incur.
2. Reuse Items
Cost Savings: Hundreds
Reusing items is a way to make the best use of the resources used to create those items. Borrowing will not cost you. It’s free. Ask your neighbor or post on your community bulletin board before you buy that new table saw.
An easy way to avoid cost of paying for items is via the internet through Freecycle. This website is free to use and local citizen’s post items that they no longer want.
If you still cannot find what you need, renting is an option. Many local hardware stores will allow you to rent tools for as long as you need them.
3. Purchase a Fuel Efficient Vehicle
Cost Savings: Hundreds or thousands
It is always better not to buy a new car – you will typically save around $9,000 a year which factors in monthly payments, insurance, fuel, maintenance, and registration. If you must have a new car, consider purchasing a fuel-efficient used car. Consider The Daily Green’s list of the most affordable fuel-efficient new cars, all under $17,500. The most affordable fuel efficient vehicle is the Hyundai Accent, with an MSRP under $10,000 and an estimated annual fuel bill under $1,500.
Cost Savings: $112
4. Switch to Energy Efficient Lighting
Replacing your incandescent light bulbs with energy efficient bulbs can be expensive at approximately $150. However, the payoff is significant with reductions of up to 75% off your lighting bill. Not only are you saving money but you’re consuming less energy. Depending on your lighting bill, your investment can start packing you back within one year. For more information on lighting check out this website The Daily Green.
5. Use a Rain Barrel to water your lawn and garden
Cost Savings: $100-$300
According to the EPA, the average U.S. household uses more than $500 on its water and sewer bill annually. Homeowners typically consume 20-60% of their water to irrigate their lawn and garden. A rain barrel can cost you up to $120. This is a great investment considering the cost of water and sewer. Collect water from rain and water your lawn and garden as needed.
6. Use a Reusable Travel Mug for Coffee
Cost Savings: $36
According to E-Imports, an organization that provides business solutions to the coffee industry, the average American consumes 3.1 cups of coffee per day. There are 150 million Americans who drink this beverage and approximately 24,000 coffee shops that are prepared to sell you any coffee beverage imaginable. The coffee shops sell on average 300 cups of coffee per day in paper cups – let’s do the math, that’s 2.6 million paper cups a year on average that may or may not be recycled.
The solution here is to use your own reusable travel mug instead of using paper cups. You can save up to $36 if you buy your coffee at Starbucks because they will give you a $0.10 discount.