Can I save money at home while on vacation? Yes, you can! Going on vacation is an exciting time, but it can also be an expensive one. The costs can quickly add up from accommodation to dining out and activities. However, there are ways to save money even while you’re away from home. You can save money at home while on vacation by implementing a few smart strategies.
According to statistics, the average daily travel spending in the United States is around $144 per person. With this in mind, finding ways to cut costs and stretch your vacation budget is essential.
So, let’s learn various tips and tricks on saving money while on vacation. By following these money-saving strategies, you can have a memorable vacation while staying within your budget.
Adjust Your Thermostat
Before leaving for vacation, set your thermostat to a more energy-efficient temperature. In colder months, lower the heat to a minimum level to prevent freezing pipes, while in warmer months, raise the temperature to reduce the load on your air conditioner.
According to the U.S. Department of Energy, you can save up to 10% on your heating and cooling bills annually by adjusting your thermostat when you’re away.
Unplug Electronics and Appliances
Many devices continue to consume energy even when they’re turned off but still plugged in. This phenomenon is known as “phantom” or “vampire” power. Unplugging your electronics and appliances or using smart power strips can help you save on your electricity bill.
Suspend or Adjust Services
If you’re going on an extended vacation, consider suspending or adjusting certain home services. For instance, you can temporarily suspend your cable or satellite TV service, reduce your internet speed, or cancel non-essential subscriptions. These adjustments can save you money while you’re away.
Install Timers or Smart Home Devices
Timers or smart home devices can help automate your home’s lighting and electronics, making it appear as though someone is home. This can deter burglars and save energy.
While there may be an initial investment in purchasing smart devices, they can save you money in the long run by reducing energy consumption and potential losses due to theft or property damage.
Secure Your Home Economically
Instead of investing in expensive security systems, consider cost-effective security measures. Simple steps like installing motion-activated lights, reinforcing doors and windows, and notifying a trusted neighbor or friend of your absence can enhance home security without breaking the bank.
Adjust Your Water Heater
Lower the temperature of your water heater to save on energy costs while you’re away. According to the U.S. Department of Energy, water heating accounts for about 18% of your home’s energy usage.
Turning down the thermostat on your water heater from 140°F (60°C) to 120°F (49°C) can result in significant energy savings without affecting your water’s comfort or cleanliness.
Use Energy-Efficient Appliances
Before leaving for your vacation, ensure your home has energy-efficient appliances. These appliances, such as Energy Star-rated models, are designed to consume less energy.
According to the Environmental Protection Agency (EPA), Energy Star-certified appliances can reduce energy bills by about 10-50%, depending on the appliance type.
Seal Gaps and Insulate
Inspect your home for gaps, cracks, and areas with poor insulation. Properly sealing gaps and adding insulation can improve your home’s energy efficiency, reducing heating and cooling costs.
The U.S. Department of Energy reports that sealing leaks and adding insulation can save homeowners up to 15% on heating and cooling bills.
Pause Non-Essential Services
Consider temporarily suspending or pausing non-essential home services such as gardening, pest control, or cleaning. These services can add up, and suspending them while you’re away can help you save money.
According to HomeAdvisor, the average cost of hiring a professional cleaning service is $167, while lawn care services can range from $30 to $80 per visit.
Set Up Home Security Systems
Investing in home security systems can provide long-term savings by deterring burglaries and reducing the risk of property damage. Modern home security systems often include surveillance cameras, motion sensors, and alarm systems.
Unplug and Power Down
Unplug all non-essential electronics and appliances before leaving for your vacation. Many devices continue to consume electricity even when turned off but plugged in. This phenomenon, known as standby power or vampire power, can account for a significant portion of your energy bills.
Adjust Your Refrigerator
If you’ll be away for an extended period, adjust your refrigerator settings to conserve energy. Turn up the temperature setting to a slightly warmer level, but ensure it stays within the safe range for food preservation.
Also, consider emptying your fridge of perishables before you go to avoid food waste. Refrigerators are among the most energy-intensive appliances in a home, and this adjustment can lead to noticeable energy savings.
Notify Your Bank and Utility Providers
Inform your bank and utility providers of your travel plans. This can prevent potential issues such as unauthorized credit card transactions or sudden disruptions in utility services.
Additionally, some banks may offer vacation-specific services, such as temporarily lowering your credit card’s interest rate during your travels, potentially saving you money on interest charges.
Use Smart Thermostats
Invest in a smart thermostat for your home if you don’t already have one. Smart thermostats allow you to remotely control your heating and cooling systems and create energy-efficient schedules. They can adapt to your preferences and sense when you’re away, adjusting the temperature accordingly. Recent studies have shown that smart thermostats can reduce heating and cooling costs by 10-23%.
Secure Your Home’s Entry Points
Ensure all doors, windows, and entry points are securely locked and sealed before leaving for vacation. Use weather stripping to prevent drafts and seal any gaps that may allow pests or cold air to enter your home. This not only improves energy efficiency but also reduces the risk of burglary or damage due to weather events.
Saving money at home while on vacation is not only a financially savvy practice but also an environmentally responsible one. By taking proactive steps before your vacation, you not only ensure a more energy-efficient and secure home but also return to a more budget-friendly and eco-conscious living space.