Cut your energy costs in 5 easy steps

A great way to have extra money when you can't make extra money is to cut costs. Find a way to pay less and you will have more money. Sounds easy, but let's face it, most of us don't really know where to start to cut costs.

I suggest we start by cutting our energy costs. Not only is it good for our pocketbooks, it's also good for the environment to use less energy in general. Not to mention that if you have children, you are teaching them wise energy and money saving habits that they can use for the rest of their lives.

Read more ¿Qué más?: 6 Habits of wealthy people we can ALL incorporate into our lives!

I know that I can cut costs in my energy bill because we  recently received a comparison study from our energy company that let us know that we use more energy on average than others in our area. If you don't recieve that type of information from your energy company, you can go to a website like MyEnergy and find out on your own. If you find that what you are spending on energy costs is higher than your local average, follow these 5 easy steps to cut your enery costs and you could save hundreds of dollars a year.

Image via Thinkstock

Replace an old thermostat

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nest.com

Replace your old thermostat with a "smart" thermostat like this nest one. It will learn your energy habits, like when you are home and not home,  to save you money.

Wash your clothes in cold water

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Wahlander/Flickr

Guess what? Not only do you save money washing your clothes in cold water, they also get just as clean. It's true, Good Housekeeping says so.

Turn down your water heater

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Skakerman/Flickr

Lower the temperature on your water heater by just 20 degrees. Don't worry, you'll still be able to take a hot shower.

Unplug

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skuds/Flickr

Unplug appliances when not in use. They are greedy little energy suckers even when they are turned off.

LED lights all the way

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samsungtomorrow/Flickr<

If you have not done so already, replace all of your homes lightbulbs with LED lighbulbs. You will have light for less money, honey.