Winter can be a challenging season for your budget, with increased energy bills and the temptation to crank up the heat. However, with a few simple strategies, you can stay warm and cozy without breaking the bank.
Plant Seasonal Vegetables
When it comes to saving money during winter, growing your own seasonal vegetables can be both rewarding and cost-effective. Even with limited space, you can grow herbs like rosemary, thyme, and parsley indoors. Additionally, cold-hardy vegetables such as kale, spinach, carrots, and brussels sprouts can thrive in small outdoor gardens or containers on balconies. By producing your own food, you’ll reduce your grocery bills and enjoy fresh, nutritious produce throughout the winter months.
Compare Energy Prices
Winter often means higher energy consumption, primarily for heating purposes. However, you can take proactive steps to reassess your energy usage and see if you are with the right energy provider/s for you by comparing gas and electricity providers with Raiz Energy. You can currently earn up to $112: $70 for electricity and/or $42 for gas invested back into your Raiz account as Raiz Rewards once you switch providers (T&Cs apply).
Use Natural Heat Sources
Take advantage of natural heat sources to keep your home warm without relying solely on your heating system. Open curtains and blinds during the day to let sunlight in, which will naturally warm up your living spaces. At night, close curtains and blinds to insulate your windows and retain heat. Additionally, make sure furniture and other objects are not blocking radiators or vents to allow for proper airflow.
Invest in a Quality Blanket
When the temperature drops, it’s tempting to turn up the heater and increase your heating bills. However, one simple and cost-effective way to stay warm is by investing in a good quality blanket. Opt for a cozy, insulating blanket that suits your personal style, whether it’s wool, fleece, or down. There are also plenty of homewares Raiz Rewards partners that can help you find the perfect blanket; Adairs, Sheridan, Temple & Webster, and Aura Home to name a few!
Invest in Energy-Efficient Improvements
Making energy-efficient improvements to your home can have a long-term positive impact on your wallet. Simple upgrades such as sealing draughts around windows and doors, adding insulation to the attic or walls, and installing weatherstripping can prevent heat loss and reduce your heating expenses. Moreover, upgrading to energy-efficient appliances, LED lighting, and low-flow showerheads can help with decreasing your energy consumption and utility bills.
Winter doesn’t have to put a strain on your finances, stay warm and frugal!
Don’t have the Raiz App?
Download it for free in the App store or the Webapp below:
Important Information
Raiz Invest Australia Limited – Authorised Representative of AFSL 434776. The Raiz Invest Australia Fund and Raiz Property Fund are issued in Australia by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) a subsidiary of Raiz Invest Limited and promoted by Raiz Invest Australia Limited (ACN 604 402 815).
Raiz Invest Super is a Division of AMG Super and is issued by Equity Trustees Superannuation Limited (AFSL 229757, RSE Licence No L0001458) as Trustee of AMG Super.
If you have read all or any part of our email, website, or communication then you need to know that the information is general information only and does not take into account of your personal financial situation, goals or needs. You should obtain financial advice tailored to your circumstances by a licensed professional adviser, as we are not authorised to provide personal financial advice.
A Product Disclosure Statement (PDS) and Target Market Determination (TMD) for Raiz Invest Australia Fund, Raiz Invest Super and Raiz Property Fund (together, the Products) are available on the Raiz Invest website and App. Please read and consider the PDS and TMD to understand the risks and determine if the Products are suitable for you. The risks and fees are fully set out in the PDS and include the risks that would ordinarily apply to investing.
Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance.
Under no circumstance is the information to be used by, or presented to, a person for the purposes of deciding about investing in the Products.
This information may be based on assumptions or market conditions which change without notice and have not been independently verified.
Any opinions or information expressed are subject to change without notice.
Home loans are subject to approval from the lending institution and Raiz Home Ownership makes no warranties as to the success of an application until all relevant information has been provided.
Raiz Home Ownership Pty Ltd (ABN 14 645 876 937), an Australian Credit Representative number 528594 under Australian Credit Licence number 387025. Raiz Home Ownership Pty Ltd is 100% owned by Raiz Invest Australia Limited (ABN 26 604 402 815).
