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Products that Save More Than They Cost

Updated on May 7, 2013

Nirvana for Shoppers

If you love to shop, you can save money in the long run by buying these products!
If you love to shop, you can save money in the long run by buying these products!

Products that Save Money in the Long Run

Just as it takes money to make money, sometimes you need to spend money to save money.

By buying these products, you can save money over the long run because they save more than they cost. If you love to shop, go ahead and splurge!

Programmable Thermostats

The average family spends $1100 annually to heat and cool their home. By using a programmable thermostat to regulate their home’s temperature, they'll save $180. The savings come from setting back the temperature during the day and while sleeping during winter, and setting up the temperature during the day and while sleeping during summer. Below is a chart with recommended settings from the U.S. Environmental Protection Agency’s EnergyStar website. To save even more money, check if your state or local utility has any rebate programs on thermostats. $25 rebates are common.

Programmable Thermostat Setpoint Times & Temperatures

Setting
Time
Setpoint Temperature (Heat)
Setpoint Temperature (Cool)
Wake
6:00 am
≤ 70° F
≥ 78° F
Day
8:00 am
Setback at least 8° F
Setup at least 7° F
Evening
6:00 pm
≤ 70° F
≥ 78° F
Asleep
10:00 pm
Setback at least 8° F
Setup at least 4° F

CFL or LED Light Bulbs

Compact Fluorescent (CFL) light bulbs cost more than incandescent bulbs, but last longer and use two-thirds less electricity. You'll save about $11 a year for each 100 watt incandescent bulb you replace with a CFL bulb, assuming you operate the bulb an average of four hours each day.

To save even more, consider LED bulbs. They cost even more, but last five times longer than regular incandescent bulbs and use 80 – 90% less electricity. You'll save about $12 a year for each 100 watt incandescent bulb you replace with an LED bulb based on four hours of use daily.

Water Filters

To avoid buying bottled water, buy a Brita or PUR pitcher with a filter. You'll receive virtually free, great-tasting water for about 3 months before the filter needs replacing. You'll also avoid throwing away the plastic bottles littering our landfills. You'll pay an average of $30 for the pitcher and $50 for a year’s worth of filters, for a total of $80 annually. In contrast, if you drink a moderate amount of water (16-ounces daily), you'd pay about $320 annually for bottled water, or about four times more.

Battery-Powered Dremel Tools for Pet Nails

To avoid visits to your vet or groomer to trim your dog’s nails, buy a battery-operated Dremel tool with a sanding drum. It's much less expensive to trim your pet’s nails using this tool, and you can easily trim them when you start hearing clicks as he walks on your hardwood or tile floors. It's also less painful for the dog than clippers. This site has tips for trimming nails using a Dremel tool.

GPS Navigation Systems

If you're one of the millions of Americans who take long car trips, you have likely gotten lost and added 20 or 30 minutes onto your trip. You may have also driven farther than necessary because you didn’t find the closest gas station, hotel or other amenity. With today’s high driving costs, those extra miles quickly translate into wasted dollars. Buy an automotive GPS to eliminate this waste.

Tools

There are many repair and maintenance jobs that require special tools. For example, you'd need an oil filter wrench and oil pan to change your car's oil. As a rule of thumb, you'll break even the first time you purchase a tool and do the job yourself. You'll then own the tool and be ready to do the job again the next time. So if you're handy enough to do a recurring job, buy the tool and do it yourself.

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    • erinshelby profile image

      erinshelby 4 years ago from United States

      LED lights are not only great for your pocket, but great for the environment! No changing a lightbulb, no replacing the lightbulb...great tip.

    • Learning in Life profile image

      Megan Sisko 4 years ago from SW Florida

      Great hub. I have a question for you with the thermostat. If you arnt home, wouldn't you save more if you turned the air or heat off completely? Or would it cost more to get the temp back to where you want it once you get home?

    • tipstoretireearly profile image
      Author

      tipstoretireearly 5 years ago from New York

      Dear hisandhers - It works amazingly well! And it eliminates the problem of clipping into the nail's quick and hurting the dog.

    • hisandhers profile image

      hisandhers 5 years ago from Toronto, Ontario, Canada

      This is definitely so true! I've never heard that you were able to file down your dog's nails with a Dremel, but now that I've lost my dog's nail clippers it may be something to consider. Thanks for the tip.