September 26, 2023 | Allison Robertson

Practical Ways to Reduce Your Carbon Footprint and Save Money


The Secret Cost Saving Benefits of Lowering Your Carbon Footprint

Cash and eco-friendly woman split image

In a world facing increasingly serious environmental concerns, each of us has a role to play in reducing our carbon footprint.

However, did you know that many steps to become more eco-friendly can also save you money?

Here are some practical ways you can contribute to the health of our planet while keeping more green in your wallet.

Embrace Energy Efficiency

Washing MachineAdobe

Energy-efficient appliances and light bulbs can significantly reduce your home's energy consumption.

Not only does this reduce your carbon footprint, but it also saves you money on utility bills.

Look for Energy Star certified products that are designed to use up to 25% less energy than standard models.

Unplug Electronics

ToasterAdobe

Devices consume power even when they're turned off, known as "phantom power".

This is true for your television, computer, and even small appliances like toasters, coffee makers, and kettles.

To combat this, unplug your electronics and small appliances when not in use, or invest in a power strip with an on/off switch.

This simple habit can help reduce electricity usage and lower your utility bills.

Mind Your Commute

BusAdobe

Choose biking, walking, or public transportation over driving whenever possible.

If driving is necessary, consider investing in a fuel-efficient, hybrid, or electric vehicle. Carpooling is another great way to reduce CO2 emissions.

These methods not only decrease your carbon footprint but also save you money on fuel and car maintenance.

Go Local and Seasonal

Shop LocalAdobe

Choosing to buy local and in-season products supports local agriculture and reduces the carbon footprint associated with long-distance food transportation.

Often, these items are also fresher and cheaper.

Rethink Your Diet

Plant Based DietAdobe

Cutting back on your meat and dairy intake, especially from factory farms, can drastically reduce your carbon footprint.

Consider incorporating more plant-based meals into your diet.

When you do consume meat, opt for locally sourced, sustainably raised options.

Not only is this better for the planet, but it's often cheaper too.

Lean on Laundry Efficiencies

Clothes LineAdobe

Opting to wash your clothes in cold water can save up to 90% of the energy used per load when compared to hot water.

Additionally, air-drying your clothes instead of using the dryer extends the life of your clothing and reduces energy consumption, helping you save money on your energy bill and clothing costs.

Reusables to the Rescue

Reusable LunchAdobe

Investing in reusable products like lunch containers, water bottles, shopping bags, and rechargeable batteries significantly reduces the waste produced from single-use items.

Though these products might cost a bit more upfront, they save money in the long run by eliminating the need for continuous purchases.

Waste Not, Want Not

Reduce, Reuse, RecycleAdobe

Following the mantra of "reduce, reuse, recycle" isn't just eco-friendly—it's budget-friendly too.

Buy used or repurposed items, compost organic waste, and recycle as much as possible.

These habits save you money and help reduce the resources needed for new production and waste management.

Reducing your carbon footprint isn't an insurmountable task.

By implementing these simple, practical steps, you can foster a more sustainable lifestyle and save money simultaneously.

So, why not start making these changes today? Both your wallet and Mother Earth will thank you.


READ MORE

Wpthumb

Things Only Wealthy People Know Exist

There are a million things that money can buy—and a lot of them are things that most people don't even realize are an option. Here's a glimpse into the secret world that only the richest of the rich have access to.
May 21, 2024 Jamie Hayes
Homestead Budget Internal

How to Start a Homestead On A Budget

Uncover 10 steps to starting your homestead on a budget. Find out how you can get supplies, plants, and even animals basically for free, and how to maintain it all for next to nothing.
May 17, 2024 Allison Robertson
Jobs2024 Internal

The Highest Paying Jobs You Can Get Without A Degree

Having higher education is often associated with higher-paying job prospects, but that isn't always the case. Some jobs don't need you to have a degree to make a decent living—all you need is a high school diploma or equivalent.
May 14, 2024 Eul Basa
Pbthumb

20 Billionaires Who Actually Started Off Poor

Most of the world's wealthiest people were born pretty darn wealthy to begin with. But the American Dream can come true—just ask any of these true self-made billionaires.
May 11, 2024 Jamie Hayes

18 Thrifty Gift Ideas for Mom

Uncover 18 gift ideas you can find for your Mom at the thrift store. Not only is thrifting easier on your wallet, it's also a sustainable choice, and provides the opportunity to find a diamond in the rough. From the interior design mom to the sporty mom, there's something for everyone at the thrift store.
May 10, 2024 Penelope Singh
Great Wealth Transfer Internal

The Great Wealth Transfer

Uncover the truth about The Great Wealth Transfer, dubbed "the greatest wealth transfer in history." Find out which generation will benefit the most from those before them, and what might happen to the money they inherit.
May 9, 2024 Sammy Tran



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team