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Show#21 Millionaire or Bust – Utilities Pt.1

October 27th, 2006 · podcasts

Topic of the Week
This week is part 1 of our utility saving special. This week we’ll be focusing exclusively on ways that you can have more money by planning your energy usage and making the right decisions.

Money Saving Tips
Money Saving Tip of the Week
Install a digital programmable thermostat in your house – you can buy them at most hardware stores and your local utility might install it free of charge. That way you don’t heat your home when you’re not there or when you’re asleep tucked into your warm bed.

Talli’s Tightwad Tip of the Week
Install dimmer switches. Benefits – save electricity, nicer ambiance, and the incandescent bulbs don’t burn out as quickly.

Tool of the Week

This website allows you to put in information about your home and how quickly you want a return on your investment on any changes you make for energy efficiency. Then it show you what you can do to save some energy and some money.

Financial Psychology
Thinking that light or television is only a little bit of energy and what does it matter if you leave it on. You’re right each time, but unfortunately in aggregate you’re wrong. Small changes made to how you use energy could cut your bill by a quarter or even half depending on how you use your energy. Most of the changes won’t even effect your lifestyle, just how much you pay to maintain it.

Songs for this podcast brought to you from the Podshow Podsafe Music Network

Music by Segment
Intro: “Money” by Flat Stanley
Money Saving Tips: “Save Your Money” by Lee Maddeford
Tool of the Week: “A Million Dollars” by Hastings
Financial Psychology: “I’m So Broke (I Can’t Even Pay Attention)” by Doug MacLeod
Outro: “Millionaire” by Full Nothing

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