5 Ethical, Sustainable & Eco-friendly Cost-Saving Tips

Consumers are no longer solely interested in catching a great deal. In fact, it’s the quick and cheap, disposable living mindset that has put the world in such a precarious state. Studies have shown that a business’s impact on the world plays a key role in their purchasing decision. Here are five ethical, sustainable, and eco-friendly cost-saving tips to help you cut back on your spending, and your carbon footprint.

Green SMEs

Evaluate your Utility Providers

Take a look at your utility providers to see what they’re doing to make a positive impact on the world around them. Many energy service providers offer special rates and rebates for lower consumption. Using Energybot, you can contrast and compare providers in your area. You can visit their website to find the most affordable, eco-friendly option for you.

In areas where providers are limited, you can still look at their environmental initiatives and programs that will save you money while making a positive impact. Many utility providers conduct energy audits or provide rebates for swapping out appliances and faucets for eco-friendly versions.

Hit the Thrift Shop

Online shopping makes it easy to get anything you could dream of at an affordable rate. However, there’s a good chance that someone like you had a similar item and discarded it.

Hitting the thrift shop before shopping online will not only save you money but will also have a positive environmental impact. The clothes you buy online are manufactured and shipped from all over the world. This creates carbon emissions that have a detrimental effect. There’s a hidden cost to affordable online shopping; buy local whenever possible.

Eat Seasonally

Eating food from local sources is better for the environment and the economy. By ensuring that your money stays in the local economy, you’re stimulating growth that will ultimately benefit you over time. Furthermore, you aren’t paying to have food manufactured, shipped, and stored from thousands of miles away.

Eating seasonal produce will help you save money on fresh food and improve the diversity of your diet. By consuming seasonal, local produce, you’re saving money, boosting the local economy, positively impacting the environment, and improving your health. It’s a win for all involved.

Be Water Savvy

Minimizing your water consumption will help keep your budget low and the environment thriving. Start by monitoring your consumption at home and making small changes. Shut the water off while brushing your teeth. Don’t rinse your dishes before putting them in the washer. Wait until you have a full load to do laundry.

To take it to the next level, swap your faucet and showerheads out with aerators and low-flow alternatives. Start collecting and reusing rainwater for gardening. Replace your hot water tank with a “tankless” alternative. Look at your meter usage and set reduction goals.

Reduce, Reuse, Recycle

Recycling is a great initiative that can make an incredible difference in the environment when done correctly. However, recycling is just one of the “Three R’s” to remember.

Circular-Economy

 

Reduce and reuse often go hand-in-hand. Reduce your packaging consumption by buying food in bulk and using reusable grocery bags. Before you recycle something, think about ways to give it new life. Mason jars can be used to store dry goods and pack lunches rather than using plastic containers. Keep a few large jugs handy to fill with water, rather than adding to the single-use bottle problem.

There are plenty of ways to lower your spending while taking care of the environment. Use a budgeting app like Mint to gain awareness about where your money is going. Then, use a carbon footprint calculator to evaluate your consumption. By making some simple changes to your lifestyle, you can limit harmful spending.