Tuesday, September 11

Sneaky Hidden Expenses

A beautiful waste of money?Beware! There are hidden expenses that might be built into your lifestyle. They are nearly invisible and can be hiding right under your frugal nose.

Do you have a leaky faucet? Is it dripping continously? If so, that is bad enough, especially if your water is metered, but it might be worse. Are you slowly dripping from the hot water tank or is it just cold water? Every drop of water entering the hot water tank starts out cold and uses a fair amount of energy to heat up.

While leaky faucets are easy to spot, a toilet that runs constantly may not be. While the wasted water won't be heated it can still run through gallons of water a day and end up affecting your utility costs.

Perhaps most insidious is the fancy combination faucet. You know, the ones that you pull up to the right or to the left depending on whether or not you want cold or hot water? Guess what, they generally are easiest to use if you simply pull up the middle. Filling a glass, flip, straight up. Yes, though you may not run it long enough to notice, you are getting half heated water and half cold water.

Sure, these faucets look nice, but they take conscious effort to use without inadvertently wasting hot water.

Check your home and see if you have faucets that are spending your money on your behalf. If so, exert the discipline to train yourself to use them more efficiently, and then if it is replacement time, find a faucet that both looks nice and isn't designed to throw your money down the drain.

Note: Part of this week's festival of frugality.

Frugal Guy said...
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7 comments:

leela said...

Just stopping by and liked what I read. The picture of your faucet made me laugh as right now mine is looking like its on it's last leg and that makes me mad because it is only about 7 years old and it is a kohler

Frugal Guy said...

Hi Leela, thanks for the note... good luck with the decrepit faucet. ;)

Anonymous said...

Good ideas. Some other things for the coming winter are air leaks to the outside that can be insulated with insulating products at any discount or hardware store. If there is an airleak it can cost you a ton!! A draft can too but, they can all be fixed frugaly!! Another thing is if you leave things plugged in all the time that you don't use often this can raise your electric bill. If your house is not well insulated you should put money into it because, it will save you thousands of dollars in the long run on electric bills and ect... Good luck!! Annette

Mrs. Micah said...

Good post. I hadn't thought as much about the middle before.

Thanks.

Annie Jones said...

Great post. Just looking around; I'll definitely be back to read more. I gave you a link to my similarly-themed blog.

Frugal Guy said...

Hi Annette, you are right about the winter issues. I've written about them before and may expand on it this year too.

Mrs Micah, thanks for dropping by and leaving a note!

Annie, thank you for the link and for leaving me a note!

Anonymous said...

There is a neat calculator located on the freebie sight. It is at Duke energy's site. It can show you ways to lower your utility bill. I love it!! Annette