One lesson that we never seem to learn is that buying the cheapest option often ends up costing more in the long run. With many items, it’s well worth looking past the initial cost because over time, they can actually save you hundreds of dollars. The secret, of course, is to use these six items so that you will get your money’s worth.
Want more money-saving advice? Slice.ca has 12 other suggestions here!
Clothesline
According to The Simple Dollar, you can save about $200 over five years by using a clothesline instead of an electric dryer, and that’s excluding the cost of buying the electric dryer in the first place. And for the winter, you can get indoor clotheslines for as little as $5.
Dryer Balls
The Simple Dollar suggests that if you use an electric dryer, you should invest in a set of dryer balls, which cost about the same as fabric softener and make the product unnecessary. They also cut down on the time it takes to dry your clothes by nearly half, saving you electricity.
Rechargeable Batteries
- What is a halal mortgage? How interest-free home financing works in Canada
- Capital gains changes are ‘really fair,’ Freeland says, as doctors cry foul
- Ontario doctors offer solutions to help address shortage of family physicians
- ‘Dangerous message’: Experts slam anti-sunscreen claims circulating online
As Business Insider says, it’s wise to pay a little more for rechargeable batteries that will last you for years. A household battery charger will set you back about $20 or $30 and usually comes with rechargeable batteries included.
Portable Solar Power Kit
Canadian Home Workshop notes that many utility providers in Canada offer credits on future energy bills if you go solar. Switching to solar power can cost a lot, but you can save now by opting for a portable kit for around $350 to use as a back-up for charging your computer, phone or other electronics.
Cloth Napkins
The Simple Dollar says that you can save as much as $500 over five years if you switch to cloth napkins and dishcloths rather than using paper towels. You’ll produce less household waste, too.
Commuter Bike
The Simple Dollar says that even an expensive bike for commuting can pay for itself in less than a month if you consider the cost of buying and maintaining a car as well as the price of gas and parking. Of course, biking to work can also save you the cost of going to the gym.
Comments