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It’s a big moment in life; buying your first home. And now that the deal is done, is the work over? The paperwork may be complete but now there is a whole new set of money-saving tasks that must be completed. As a homeowner, it is beneficial to save money whenever possible because that hefty mortgage payment will be coming every month for the foreseeable future. Here are some tips that will help you reduce overhead costs on your lovely new home:

Seal All Air Leaks

Most new homes don’t have this issue, but older homes usually do. What happens is the caulking around windows and doors begins to deteriorate which allows air from the home to leak out. Why is the an issue? If you are paying money to cool or heat the air in your home you don’t want it escaping through cracks in your caulking.

Energy Efficient Appliances

If you are in a position where you new one or a few new appliances for your new home, opt for energy efficient appliances. It’s better to make the upfront investment into green appliances that will continue to benefit you into the future. Energy-saving appliances are also better for the environment, so the trees will thank you.

CFL or LED Lights

These light bulb types are great for two reasons. The first reason is that they reduce the cost of electricity for your new home. The second is the relatively long life of these light bulbs. They last significantly longer than traditional light bulbs. In the end, you have light bulbs that save you money for a long time.

Check Your Plumbing

Take a moment to inspect your plumbing fixtures. Ensure there are no leaky pipes beneath your sink or constantly running toilets. Leaky sinks will create mold which will be a hassle and inconvenience. Constantly running toilets will boost up your water bill by wasting water. To fix a perpetually running toilet issue try this.

Install Ceiling Fans

The circulation of air in your home will allow you to use less AC in the summer and less heating the winter. Ceiling fans are typically low energy and help the spread of temperature controlled air throughout your home. In the summers, when it’s hot, you want the fans to blow down. And in the winters, you want your fans to pull the air upwards. Most fans have a reversal switch that allows you to dictate the direction of airflow. Take a moment at the beginning of each season and set the fan direction accordingly.

Attic Insulation

Your attic should have about 6 inches of insulation. Similar to caulking your windows and doors, attic insulation will prevent the escape of temperature controlled air that you paid for. If your new home has insufficient insulation or no insulation at all, do an insulation install. This will save you money in the long run.

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