Cove Real Estate



Posted by Cove Real Estate on 3/24/2017

The process of sitting down and creating a household budget can be an enlightening experience. Not only is it one of the few ways to figure out where the heck your money is disappearing to, every month, but it's a method for identifying expenditures that are wasteful or redundant. Once you've created a chart or spreadsheet that itemizes your income, savings, and expenses, you're in a stronger position to control your household cash flow. Using accounting software, budgeting apps, and/or the services of a qualified financial advisor can also help you gain control over your family's spending habits. If your goal is to reduce expenses and stretch your household budget farther, her are a few strategies and tips worth considering:

  1. Buying in bulk: Some people swear by the savings they rack up by joining and doing their shopping at wholesale buying clubs. Others say it isn't worth the long lines at the checkout counter, crowded parking lots, and the fact that not everything is cheaper than at regular retail stores. Like any kind of shopping, though, it pays to compare prices and research the best deals. However, it's not unusual to save from 25% to 50% on a variety of commonly used household items, groceries, and other consumer goods.
  2. "Coupons" is not a four-letter word -- although some people act like it is. Clipping, printing, saving, and organizing discount coupons can be a bit of a nuisance, but when you add up the monthly savings, it's worth the inconvenience. Stores that offer double coupons and/or accept competitors' coupons can also help you chalk up extra savings. Taking advantage of advertised specials is yet another way to reduce your monthly expenses.
  3. Compare notes with friends and family. You can often pick up worthwhile money-saving ideas by simply asking people whose opinions you respect. Nearly everyone has discovered stores, products, websites, businesses, and strategies that have helped them save money. Sometimes the topic is also discussed on social media sites. Most people you know would be glad to pass along their money saving tips, insights, and techniques.
Saving Money on Home Energy There are dozens of ways you can save money on your electric bill, such as unplugging appliances and turning off lights when you're not using them. It's also worth noting that LED and compact florescent light bulbs use significantly less electricity than old-fashioned incandescent light bulbs. Other tips for curbing energy consumption include washing your clothes in cold water whenever possible and setting your thermostat to reduce energy demands when you're sleeping or at work. Once you start looking into ways to lower your utility bills, you'd be surprised at the number of simple, yet effective things you can do. A few longer term strategies for saving on energy include converting your home to solar power, replacing drafty old windows with new, more efficient ones, and switching to Energy Star certified appliances, such as clothes washers, dryers, and dishwashers. Although there's an initial cost that needs to be recouped before the true savings kick in, upgrading can deliver long-term benefits to both your wallet and the environment.





Posted by Cove Real Estate on 5/20/2016

Ceiling fans are an inexpensive way to help with the heating and cooling of your home. You can find many that cost under $100 and they have little ongoing cost. And for those of you who like DIY projects, this one will take you a couple of hours to upgrade an existing light fixture. While ceiling fans donít drastically lower the temperature in a room, they do help to reduce it slightly as well as produce a light breeze which makes you feel cooler. The result? Less use of the air conditioner that results in 3-8% savings on cooling costs. Remember that in the summer months, your fanís blades should be moving counter clockwise. In the winter months, ceiling fans can take on a whole new role. When you reverse the fanís blades to rotate clockwise, you cause the air to circulate without causing that chilly breeze. This allows for better circulation of the warm air that naturally rises to the ceiling. Itís often best to have the fan speed set to low in the winter to avoid too much air movement and the effects of a breeze. Lastly, and maybe the most important, is the decision on which fan to purchase. There are few things to keep in mind when you are out shopping for a ceiling fan. 1. The size of the room Ė ceiling fans come in all sizes and choosing one that is meant for your homeís room dimension is key. Itís recommended that you choose a 40-42 inch blade span for a room 70-100 sq feet and a 42-48 inch for 100-140 sq feet. A room thatís bigger may need two small fans to be effective. 2. The location of the installation Ė for rooms with lower ceilings, a flush mount ceiling fan will work best, while rooms with high ceilings will need a down rod so that the fan is in the right place. You also want to make sure for areas such as an enclosed porch, that you check out the UL (Underwriters Laboratories) rating to ensure the fan has either a damp or wet rating. 3. Finally, you want to pick a fan that fits your decor and life style. Fans come in all sorts of styles and can have features from various lighting to remote controls. Changing a current light fixture in your home to a ceiling fan can saving you hundreds over the life of the fan. Especially with Energy Star rated ceiling fans available, savings can add up quick.





Posted by Cove Real Estate on 1/1/2016

LED light bulbsIt is probable that electric rates will rise soon, again. Letís explore some ways to help lower your utility bill. First, change your light bulbs to LEDs. These bulbs cost a bit more, but in the long run, they will save you money, using less wattage and last a very long time. If you have a lot of lights, you may want to buy these bulbs over time. But read on. If you have light company, such as National Grid, call them and ask for an energy audit of your home. They will send someone out who will do a walk through to determine how your home can be made more energy efficient. Some states, such as Massachusetts, have companies who will replace all your light bulbs with LEDs for no cost. Also, they may offer you a discounted rate to upgrade the insulation in the attic and other energy-sapping places that will save you money in heating and lighting. Check these suggestions outóit will be good for your wallet, as well as saving the environment. Itís the responsible thing to do, and will save you money, overall.





Posted by Cove Real Estate on 12/14/2012

The cost of heating can really take a toll on us over the colder fall and winter months. Having a programmable thermostat can help in cutting heating costs and still staying warm. But just having one isn't enough - you need to know how to use it to its full potential! Programmable thermostats have the ability to be programmed so that you can have multiple temperature settings through out the day. The benefit of this, is not having to think about turning down the heat before you leave for work, or cranking it up when you get home. Instead, you get heating at the exact temperature you want, when you want. So what temperatures should you set it to exactly? While you are home and awake, setting it to 68 degrees is a pretty standard temperature. While you are away from home, or sleeping, reducing it to 58 degrees should be tolerable. Of course, reducing the temperature even more than that while you are out of the house is possible, just don't make it too low and freeze your water pipes. Reducing your thermometer by 10-15 degrees for 8 hours (like while you are at work) you can save 5-15% off your heating bill. So the benefits can really pay off for reducing your heat while you are at work. For example: if you pay $200 a month in heating, reducing the heat by 15 degrees during the day will save $10-$30 a month which can add up to $60-$180 for the year if you use the heat for 6 months. Finding ways to cut costs is important to everyone during tough economic times. Every penny counts. So add this money saving tip to your list and you could start racking up the savings.





Posted by Cove Real Estate on 6/1/2012

Did you know the average family spends over $1600 a year on utility bills alone?† †Here are some simple steps you can take to not only save energy but also put some money back in your pocket.

    Put your thermostat to work
The U.S. Department of Energy (DOE) recommends setting your air conditioner at 74 degrees and your furnace at 68 degrees. Investing in a programmable thermostat is a good idea. Set the thermostat to be warmer or colder when you are not home. Reduce the difference in temperature between the inside and the outside of the home to help save energy and money.
    Invest in energy-efficient appliances
You may notice now that washers, dryers, refrigerators, freezers, dishwashers, air conditioners, and computers now come with Energy Star labels which mean they are energy efficient. †Energy Star appliances will save you money over older appliances.
    Unplug
Computers, stereos, toasters, and other appliances draw energy even when they are turned off. A large LCD or plasma TV consumes about 400 watts of energy when in use and 4 watts when not in use.† Using a surge protector will help reduce energy costs. Plug your appliances into a surge protector and turn off the protector when appliances are not in use.
    Seal it up
A well-insulated house is a way to save money on heat and cooling costs. First, start by adding insulation to the attic floor. Next, make sure to fill in any holes in exterior walls especially where pipes come in and around windows and doors. Lastly, wrap hot water pipes with insulation.
    Slow the flow
Install low-flow fixtures to conserve water on your shower, faucets and toilets. Also remember to repair leaky faucets and toilets and turn off the water when brushing your teeth and scrubbing dishes.