Finance Tip Of The Bi-Week – May 10, 2018

Old light fixtures and bad toilets can cost a lot of money.  When you start paying your own utilities you start to realize how much a leaky toilet can cost. When my wife and I bought our house we changed one of our toilets a year or so after buying the house.  Our water bill went down $40.  $40 a month is $480 a year.  $480 in your pocket is a lot better than $480 literally down the drain.

 At my office I am currently changing my lighting to LEDs.  This will cut my hydro bill down 30-40%.  That could be about $400-$600 a year. The new lights may cost me very little between negotiating with my landlords and applying for government hydro rebates.  $400 in my pocket is a lot better than $400.00 being wasted on bad light bulbs.  Plus the light looks better since they are brighter.  I’ll be able to see myself better in the mirror now.

Oooh.  Maybe that’s a bad thing.