Living an eco-friendly lifestyle doesn’t have to break the bank.
In fact, many sustainable practices can save you money in the long run while reducing your environmental footprint. We think that’s a win-win for both your wallet and the planet. Here’s how you can make small, impactful changes to live greener without spending a fortune.
Energy Efficiency at Home
Reducing energy consumption at home is one of the easiest ways to cut costs and go green. Make the switch from traditional lightbulbs to LED bulbs. LED lights last longer and use up to 90% less energy than traditional bulbs. Although they’re more expensive upfront, they save you money over time. If you want to make your heating more energy efficient, invest in a smart thermostat. Programmable or smart thermostats adjust your home’s temperature automatically, helping you save on heating bills.
Reduce, Reuse, Recycle
Minimising waste can be both sustainable and budget-friendly. From clothing to furniture and electronics, buying second hand reduces waste and costs. You can also get creative with what you already own, turn glass jars into storage containers or patch up old clothing instead of throwing it away. Make sure you look up your council’s guidelines on recycling so you understand exactly what goes in each bin and when they will be collected.
Save on Food Sustainably
Food waste isn’t just bad for the planet, it’s a drain on your wallet. Shop smarter by planning your meals and shopping with a list. This reduces waste and keeps you within a budget. Also, check to see if it’s worthwhile buying larger packages of cupboard staples such as flour. You might find that the larger package is better value. If you are left with kitchen waste, make sure to either use your council’s recycling service or turn it into compost for your garden.
Opt for Sustainable Transport
Cut commuting costs while reducing your carbon footprint by walking or cycling where possible. It’s free, keeps you fit and saves on fuel costs. If the journey is a bit longer, make sure to check out your options for public transport as you might find there are ultra-low emission zones (ULEZ) near your destination.
Embrace Minimalism
Owning less not only helps the planet but also saves you money. By investing in high quality items that last longer, you can reduce the need for frequent replacements. And when you no longer need something, sell it on sites such as Vinted or eBay. This helps you to give your items a new life whilst also making yourself a little extra cash.
Green Swaps
Some eco-friendly swaps can pay off significantly over time. Many energy suppliers now offer green plans powered by wind or solar. Next time you are comparing energy providers, add green energy to your list of criteria. To keep saving energy, when you need to replace an appliance, such as your washing machine, try and find eco-friendly options that use less water and electricity.
Living sustainably doesn’t have to cost the earth - literally or figuratively. By adopting simple, budget-friendly practices, you can save money while making a positive impact on the planet. Start small, and remember that every eco-friendly choice adds up over time.
What are your favourite tips for saving money while living green?
It is important to take professional advice before making any decision relating to your personal finances. Information within this article does not provide individual tailored investment advice and is for guidance only. We cannot assume legal liability for any errors or omissions it might contain. Ethical Futures llp is authorised and regulated by the Financial Conduct Authority.