As temperatures soar this summer, air conditioners get to work continuously. Naturally, while you cool your indoors, your bank account heats up!
Moreover, the 20% increase in sales, in recent years, indicate the pace at which air conditioners are becoming prevalent purchases of growing middle-class Indians.
So, it is important that an average household gets smart about cooling the home this summer, by saving both money and the environment. Here we listed out a few cool tips to become wise at saving on air conditioners and many other gadgets.
Always Do Your Research To Check For The Best Deals
Research is needed before you buy anything. Check for both online and store retailers. Do not limit your research to just price or warranty, rather check for other intricacies too. Consider product features and accessories required to keep it in condition. Once you decide on the product you want to buy, check for the best available deals. Remember, timing is the key. Do not be in a hurry. Instead, check for holiday or festival season to get the products on sale. Even if it means waiting!
Consider Buying Refurbished or Older Model
If you are a saving buff, you may also consider buying refurbished products. But, do not forget to check its condition before purchasing. A refurbished product is the best to buy only when it has been repaired to its original condition. The best deals are mostly available on refurbished mobile phones, coffee vending machines, and gym equipment.
Many times, when a new model enters the market, retailers discontinue old models. But the upgrades mostly come with minor changes that are hard to notice. So, if you want to save a lot of money consider buying an older model.
Never Forget to Switch Off the Gadgets When Not In Use!
Many of us accidentally leave some gadgets on for longer than required. It takes years to break this habit. But, it is necessary to get the good habits in place and maintain a discipline. It makes no sense to cool your room with AC on, while you are away. More importantly, switch off the AC, Microwave, Gyzer and Television sets through the main switch and not through remote, to save power. The simplest way to save expenditure on electricity is by turning off gadgets when not in use.
Monitoring Helps Cut Down On Bills
Install an electricity usage monitor to identify gadgets that consume more electricity. The roaring electricity bills in summers may not be just due to the usage of air conditioners. Check if other electronic devices like Television sets, stereo systems, microwaves are continuing to use the power, even when not in use. Also, electricity usage monitor helps make calculations on how much you are paying for using different gadgets.
Go For High-Efficiency Devices
Devices with extra efficiency help reduce energy usage and save money in the long run. For instance, the large-load high-efficiency front loading washing machine will save a lot of time, consume less water and power, besides increasing the life of a garment as compared to top load machine. Also, air conditioners with high-efficiency help save a lot of power consumption.
Following these practices, to save big on gadgets and keep you on the right savings track. However, do not limit your savings to gadgets and electronics or seasons. Learn and practice many more savings habits to become an efficient saver. After all, your hard earnings are to be valued and directed towards proper channels. We, at ArthaYantra channelise your savings towards goals. By building a personalized financial plan you will have better control of your financial life and the plan will help you meet your goals.