Buying any kind of household item is an investment, and more often than not the investment does not pay off monetarily, but emotionally. They even say that most home updates only offer a 30% return when you resell. Even energy star appliances only make up their extra costs long after their warranties have expired. Luckily there are a select few items that are totally worth the investment and will start saving you money right away.
Solar Assisted Air Conditioner
The only thing that doesn’t make sense about this is why solar power technology is not used on every single air conditioner. These units are not completely powered by the sun, but they are assisted by it. They only cost about $500 more than a traditional air conditioner and, depending where you live, you could absolutely recover that cost in one to two years.
Smart Power Strips
“Vampire electronics” has been a buzz phrase in energy conservation for a while. These electronics consist of items like TVs and computers who are still trickling electricity even when they are turned off. Hard core conservationist recommend unplugging your TV when you are not using it, but that is obnoxious. Smart power strips like this one kill the connection between the wall and your electronics effectively placing garlic between your electricity bill and your Vampire TV.
Electric Water Heater
Much like LED light bulbs the upfront cost of rechargeable batteries can give you sticker shock. The thing is that they last forever and you will never have to make an unneeded trip to the store just for batteries. To make your investment better get yourself a solar powered battery charger like this one and you will forget about the initial investment in no time.
They cost more money and often times mean a little bit of rewiring, but they will pay off quickly. Traditional water heaters use gas as their fuel source and are constantly heating water which makes them inefficient, and on top of that you still run out of hot water. Electric water heaters flash heat the water which means no wasted energy when it isn’t being used and you will never run out of hot water when you need it the most.
LED Light Bulbs
To be honest I originally thought that LED bulbs were the biggest rip off in the book; after all some of these bulbs can cost 20 dollars or more for a single bulb. What I did not realize is that these bulbs not only use less energy than any other bulb on the market right now but they can last upwards of twenty years. If that is not a sound investment then I might as well shut this blog down right now.
The only problem with register boosters is that they are often ugly and space consuming. If you can get over those facts then you will make back the price of this device and more in the first year that you own it. They work by replacing your regular register with a fan that only turns on when it feels air passing through it. When active it throws cold or hot air further than your traditional registers which means rooms get heated or cooled twice as fast and your energy consuming furnace works half as much.
The Dollar Dad isn't about pinching pennies. He is about making and saving money in interesting way to live the best life you can.