4 easy ways to cut down on your energy bills

4 easy ways to cut down on your energy billscredit

Do you know that energy consumption accounts for a large chunk of your monthly household expenses? According to the U.S. Energy Information Administration (EIA), the average monthly electricity bill is $115-$1380 per year. Of course, your energy bills might be higher or lower depending on where you live, size of your home and the number of appliances and devices that you use.

Illustration of a person switching off an air conditioner

Turn off your HVAC unit

There’s no need to leave your heating or air conditioning unit on when you’re not at home or no one is in specific rooms. For example, if you live in a 2-bed flat, only turn on the cooling or heating in areas of the home that are occupied.

It’s wasteful to turn it on in rooms that no one’s in just because you want to keep the room warm or cool. Most HVAC units are so efficient they’ll cool or warm a room within 3-5 minutes of turning them on, so the space will be comfortable within minutes.

Illustration of a thermostat

Use your thermostat optimally

Did you know that you can save up to 10 percent of your heating and cooling costs if you optimised your thermostat?

The Department of Energy states that setting your thermostat at 78ºF in the summer and 68ºF in the winter will provide the highest energy efficiency, and reduce your energy costs. Therefore, even if you or your housemates aren’t accustomed to this temperature, consider trying this in your home.

Community solar energy

Switch to community solar

If you choose solar energy as an alternative means of energy for your home, you could save a lot of money in the future. However, most people struggle with the initial upfront costs associated with solar panel installations.

This is where community solar providers come in. These providers offer a way for consumers to enjoy the same electricity without any downtime for a guaranteed 10% savings. Community solar works in the same manner as your energy provider.

The only difference is instead of other sources of energy, the utility company gets its power from solar farms and then transmits the power to you. All you have to do is fill out a form and you’ll automatically get a 10 percent discount on your average monthly bill.

Joining a community solar initiative not only saves you money, but also helps the country and county cut down on carbon emissions so climate change can be stalled and, hopefully, reversed.

Illustration of an unplugedg lightbulb

Unplug devices and appliances

It doesn’t matter if your appliances or devices are turned off. As long as they’re plugged into the power socket, they’ll still consume electricity. This is why you should consider actually unplugging all your devices when they’re not in use.

This way, they won’t keep consuming electricity when they’re not actually in use. Most people aren’t aware that their devices still consume power. These ‘leakages’ contribute to your energy consumption, resulting in higher energy bills.

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10 ways you can make money online right now

10 ways you can make money online right now

Are you thinking of how to make money online in Norway during your free time or even on a full-time basis? You might be trying to figure out how that can be possible, but you may not know the best method to choose because of the sheer amount of information out there.

However, you don’t have to worry because in this article, we’ll go through some of the most popular options available to you out there to make money online.

We linked up with the expert Jorgen Aasgen who’ll explain more about earning an online income. Continue reading to understand how you can make your online financial journey a successful one.

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Become a translator

Did you know that being proficient in more than two languages can be a source of income for you? For instance, there are many countries where citizens don’t use English as their first language. They may need online translation services to enable them to communicate clearly and effectively.

If you’re fluent in their language as well as English, you can offer them translation services for a fee. Alternatively, there are sites where you can register, such as Upwork, where translators are in high demand.

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Drop shipping

Do you ever wonder how goods purchased from eCommerce sites like Amazon reach your country? Some people may think that it’s a complicated thing to do. In fact, the reality is that the process is simple, and anyone can execute it. It doesn’t require a big importation company to embark upon the business.

If you need to make easy money, drop shipping is a perfect way to set up a successful income stream. You can purchase goods for businesses in bulk and ship them to your country on their behalf. After that, you earn a commission on each sale. You won’t need a huge initial outlay, a laptop and customers are enough to get you started.

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Copy-writing

Do you have the ability to craft persuasive sales or marketing copy? If you believe that you have the knack, you should be taking advantage of this potential income source. Doing copy-writing is possible wherever you may be located, so you don’t have to be in an office to do it. You have complete freedom to choose from where you want to work.

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Online betting

How often have you heard about lucky winners who have won huge cash from their stakes? Many people win money daily through online betting. They’ve developed responsible strategies that work for them whereby they can gain an income.

This bet365 login article will guide you through setting up an account and the various sporting activities on which you can place a bet.

If you’re interested in gambling, consider Norsk online casino and see if there are games that interest you. You never know, it could become your full-time source of income.

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Podcasting

It’s possible to create a podcast that can become a successful source of income. You can use the medium to share with others things that you love doing – travel, cooking, literature… the subjects are limitless. Once you’ve built up a listenership, you could receive payment from advertisers or even sell your own products/services. To get started, all you’ll need is a microphone, laptop and recording software.

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Web development

Because of the current economic climate, many businesses are shifting the bulk of their operations from bricks & mortar stores to their websites. To do this successfully, they need web developers who can design a website that is fast and easy to navigate. If you have web development skills, you can reach out to local retailers to see if they need professional help.

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Online tutoring

Are there subjects at which you excelled while at school or university? There are people out there who are having difficulties in understanding some basic concepts in them. Whether it’s maths, music or Mandarin, you can create video tutorials and upload them to YouTube. By sharing, you’ll have helped them tremendously whilst, at the same time, you could earn money from YouTube if your tutorials take off. Currently, you could earn around £2.50-£3.75 per 1,000 video views.

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Audio book narration

Not everyone enjoys reading books, some people prefer listening to audio books; audio books are a large and growing medium. If you have a clear speaking voice, are good at different accents and have some acting skills, you could earn money by narrating audio books. You’ll also need to enjoy reading – to successfully record and hour-long audio book can take over 6 hours!

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Affiliate marketing

Promoting products on behalf of other companies, and earning a commission from each sale is another way of making money online. There are many affiliate networks that you can sign up to such as Skimlinks, AWIN and Conversant (formally Commission Junction). Amazon and eBay run their own independent affiliate schemes.

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Transcription

Transcription is converting audio into the written word. It takes a while to learn to do it accurately and at speed; however, once you’ve mastered the skill, you can sign up to specialist transcription sites and start earning from transcribing audio files.

There are numerous ways that you can earn money online in Norway. However, the ones highlighted above are some of the best methods that require little or no outlay on your part. If you feel that you don’t currently have the required skills to do any of them, choose one that looks interesting and teach yourself how to do it.

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Ways to prepare for the future by saving money

Ways to prepare for the future by saving money

Everyone is looking for ways to keep stress about money away. Everyone is also looking for ways that they can retire and not have to worry about anything. In order to have a safe and secure retirement, there are a few things you need to do first. Here are five things you can do now so that you can prepare for the future and have a great retirement.

Retirement fund

Think about your retirement plan

This is the first place you need to start. How much do you need to retire? How long will it take you to amass that amount of money? Where do you want to live when you retire? How much do you get paid now? Putting all of these things together will help you determine your retirement plan. Once you have that figured out, everything else will fall into place easily.

Piggy bank

Start saving a little amount each pay day

This isn’t something that you should start doing in a month, or in two months time. This is something you should start today. If you have a spare £10 laying around, stick it in a piggy bank and put it somewhere safe. This will be the beginning of your fund. This is one of the best ways to start preparing for retirement. Also, an important note you should think about is to not touch these savings unless it’s an absolute necessity. These funds are for your retirement and should only be used if an unforeseen emergency arises with your home or family.

Debt

Avoid debt at all costs

Try paying off those student loans, credit card bills and car repayments as quickly as you can. You don’t want to have lenders coming at you when you’re approaching retirement. You’ve worked very hard to build up what money you’ve saved. You shouldn’t have to turn around and give it to someone else. You’re entitled to a comfortable retirement. In order to achieve the retirement you deserve, you’ll need to stay on top of the bills and debts that you may have.

Shopping

Wait a few days before buying

If this tip seems vague, let us explain. You might be in a shop or on a website and spot an item that you really want. When you see something you desire, sometimes you don’t consider the price or the toll this object will have on you financially. If you want to buy something, give it a few days. Think about how often you’ll use this item. Do you still want the item as much as you did when you first saw it? Frequently, these are just impulses and the craving will fade in time. But if you still want or need the item after a few days, you can buy it guilt-free because you’ve paused, thought about it and still want it as much as you did at the time.

Men's clothes shop

Buy higher quality

Higher quality is going to cost more, but it will  save you money in the long run. You can buy a cheap shirt for £5 right now, but after a few times wearing it, you’ll need to buy another shirt. However, if you buy a shirt that costs about £50, you probably won’t need to buy another shirt for years. This also goes for electronics, appliances, mattresses, cars and even homewares. If you spend money on higher quality now, you’ll still have that item years down the road. It might be harder to outlay the money now, but it will help you later in life.

There are a lot of ways that you can prepare for your retirement. Talking to your employer about benefits, setting up a 401k, and even more ways than you can begin to imagine. These five options are some of the easiest and cheapest ways you can start saving money to set up a comfortable life for yourself in the future. Trust us, you’ll be thanking yourself for following these steps once your retirement finally kicks in.

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Your guide to saving money each month

Your guide to saving money each month | H is for Home

Most people have one thing in common: we’d all like to save a little more money. But with the cost of living on the rise and the average income always struggling to keep up, saving money isn’t always a top priority.

However, although many of us are feeling the pinch, there are ways that you can save a little more money each month. Whether that’s saving for a rainy day, saving for a holiday, a house deposit or just so you have a little breathing room in your bank account in case you have a sudden unexpected expense, saving is something everyone should try to do. Wondering how it can be done? Read on for a simple guide to saving money each month.

Invest money in ISAs

Check out a stocks and shares ISA

Saving is one thing, but actually making your savings work for you is something else you should consider. A stocks and shares ISA from Wealthify is a great way to get the most out of your money – over time your investment or savings gain interest and you don’t pay a penny in tax. You can save/invest as much as £20,000 each year, so click the link to find out more.

Hand holding a coin

Pay yourself first

Many of us consider savings as more of an afterthought. We’ll pay all our bills, have some set aside to enjoy a treat or two and then whatever is left we might save or allow to roll over into next month’s funds. This attitude to saving usually means that progress is slow, which again makes us feel discouraged to save anything at all! Next time you get paid, consider saving as high a priority as paying your bills. Therefore, pay yourself first. Whether it’s £10 or £200, as long as you dedicate yourself to saving, you’ll make progress.

Checking prices on a mobile phone

Use price comparison websites

They’re advertised constantly, so there are plenty of sites from which to choose. From your insurance policies to your utility bills, broadband and mobile phone providers, if you haven’t compared prices in the last 12 months, start now.

Cancel unused direct debits

Cancel unused direct debits

Many of us are paying for a monthly service that we don’t even use. From gym memberships to online magazine and newspaper subscriptions. Go through your monthly expenses and cancel anything that you don’t want, need, or use. It’ll free up some extra cash that you can put directly into your savings.

Supermarket shelves

Plan your weekly meals

Food is a huge expense. So, never hit the supermarket without a menu in mind and a shopping list. It prevents any unexpected surprises at the till and unnecessary food wastage in the bin.

Follow these tips and you’ll find that you’re saving money each month without too much effort.

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