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8 money saving tips for your new home

Published on January 10, 2018

Moving into a new home is an exciting time but it also comes with down payments and numerous expenses.

Here are 8 money saving tips to help you keep your cash where it belongs – in your wallet!

1. Become a bargain hunter:

If you’re searching for new furniture or decoration pieces, look at auctions, eBay, and thrift stores to discover the best bargains.

2. Make quick updates:

Who said you need new furniture to switch up your new home? New bedding can instantly give your bedroom a facelift. Brighten up your house with a throw rug

or new cushion covers. Add colorful towels to perk up the bathroom.

3. Sell your old things:

Do you have clothes you haven’t worn in years and never will? Or things you simply don’t need anymore? Sell them online and use the cash towards your new pad.

4. Reuse old stuff:

Repurposing old T-shirts as dishrags and cleaning cloths not only saves you money but also cuts down on waste and is good for the environment.

5. Get smart with art:

You don’t need expensive art to make your home look chic. Design a photo display using old photographs, travel memorabilia or even your kid’s drawings. Find affordable frames of different sizes and place them together on a wall.

6. Shop around for insurance:

By using an online comparison website, you could potentially save a lot of money on your insurance. Don’t be tempted to cut costs by not taking out insurance. You never know what’s around the corner.

7. Be energy efficient:

Cutting your fuel costs is one of the best and easiest ways to save money on your new home. Turning off devices when not in use can cut your bills in half. Also, install LED bulbs. They might cost more initially, but have a longer life than incandescent bulbs and consume far less electricity.

8. Ditch the landline:

Don’t double spend. Instead of paying for a home phone line, go mobile only.

Most of all, don’t forget to sit back, relax and show off your fantastic new space!

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