Going Green: Worth the Investment

Going Green: Worth the Investment

We here at Five Point Capital know money is tight and that you are probably looking for ways to save, not spend, but when it comes to making sound investments, sometimes it is worth spending a little more upfront in order to save down the road. Going green is a great example of this.

It may not seem wise in this difficult economy to go out and purchase all new light bulbs, for example, but you can actually start to see economic results in just one electricity billing cycle. In this case, it is worth the hassle and spending to go out and purchase environmentally-conscious light bulbs. You will help protect the environment and at the same time save on your energy bill. The amount of savings in just one energy bill will more than compensate for the price of the bulbs.

Now that many people have been laid-off from their jobs, homes run the risk of running up their energy bills by exorbitant amounts. The middle of the day, when adults are normally off at work and the house is quiet and dark, is now the culprit of many a home-energy bill. If you are home during the day, try to remind yourself to turn off lights and other appliances you are not currently using, so as not to increase your energy spending too dramatically. You can also use this time to go out and look for a new job, go for a walk or run, or other low-energy alternatives. If you have lost your job and money is already tight, be conscious of the increased energy you may be using at home.

Finally, try bringing your own bag to the grocery story. This can help in more than one way. First of all, you are saving both paper and plastic bags, thus helping the environment. Secondly, however, you can also save money. When you walk blindly into a grocery story, you tend to buy more than you need (you have that whole cart to fill)! If you come armed with one or two reusable bags, you will limit how much you can buy, thus restricting yourself to a list or to the necessities. It is like saving the environment coupled with portion control!

Don’t keep telling yourself that you just can’t afford to go green right now. In truth, going green can save you bundles in ways you probably haven’t even considered. So take the plunge and start saving (the world and your money), because you can’t afford not to.