Money Monday: Go green to save green!

"Going green" sounds kind of a cliche these days. But did you know you can be environmentally savvy and save money in areas you might not have considered?

Just know that wasted resources are a waste of cash. So get on the green train with these tips to save you money and make you feel like you’re doing your part in saving the environment. 

I found all tips and tricks on TheDailyGreen.com, log on to find more about going green!

Use power strips

Did you know leaving phone chargers, electronics, TVs, and other appliances plugged into the wall still uses energy even when those items are not in use. TVs and set-top boxes idle in "standby" mode when switched off, rather than powering down completely. 

This is called the "phantom load," when appliances and electronics draw power for doing nothing. The Environmental Protection Agency has estimated that the "phantom load" costs the average household as much as $100 per year.

The remedy for this is to use power strips to power down an entire collection of electronics when they are not in use. For example, you can power down your entire entertainment center with one power strip to avoid wasted energy.

Paperless Billing

Have you ever considered that the small costs of mailing bills adds up? Many billers offer a $1 discount for signing up for paperless billing (because it saves them significant printing and postage costs) and you can save another $.44 per bill, at today's stamp prices. Assuming you can save $1.44 on each of four monthly bills, and you've saved nearly $70 in year. Not to mention all that paper!

Carpool

The average American commutes to work 16 miles each way, and the average car gets under 23 mpg, which equates to about 7 gallons of gas per week to commute. 

According to the AAA’s Daily Fuel Gauge Report the average cost of regular fuel in Maine is $3.78 which equates to $26.46 a week, or nearly $1,500 a year. 

Sharing the commute (and the gas bill) to work or school with one friend just a few times per week will cut these costs down. 

Visit your local library

The average American family spends about $118 on books, magazine, and newspaper subscriptions annually. Your local library is free and will most likely offer the same materials. It’s also a great way to borrow music and movies. 

Line dry your clothes

A dryer is typically the second-biggest electricity-using appliance after the refrigerator, costing about $85 to operate annually. You can save all, or most, of that by hanging your clothes out to dry, or using a foldable clothing rack. The dryer also adds extra wear and tear on your clothes. Some articles of clothing will last twice as long if not exposed to the dryer!

Hope these tips help!

Lauren R.