Sterling Credit Solutions - Five Simple Green Debt Reduction Tips

5 Simple green debt reduction tips: Save money and environment

by Jason Holmes - July 6, 2010

Debt reduction is your foremost concern when you are negotiating with debt collectors. You spend sleepless nights thinking how to reduce the overwhelming debt amount so that you can get rid of collection calls and can get back to your normal life. In order to reduce debt, budgeting is essential and so is reducing the amount of cash spent on household costs. If you are able to save cash while, at the same time, save the environment, shouldn't you do so? Let us know 5 green debt reduction tips that can help you save both money and environment.

Green debt reduction tips

The fact is debt collectors don't want to call you daily at your home and office, spend money on postage or take you to court. What they want is money. Most of the time debt collectors offer you an alternative repayment plan. But for that you need to save a lot of money. You may be shocked to know that it is possible to save both money and environment by following some simple green debt reduction tips. Here are some green debt reduction tips that you must know: Jason Holmes is a regular writer with Debt Consolidation Care and is also a contributory writer with other financial sites. His expertise is woven around various aspects of the debt industry and with his e-books he tries to impart to people the different situations and simple solutions to get out of difficult situations. Some of his works include e-books like Credit Score The Quintessential Therapy for a Happy Pocket, Take Creditors and Collection Agencies to Small Claims Court and My Story- From Depression To a Smile.

1. Change household lighting: A number of people use chandeliers and other multi-bulb lighting fixtures in their house. Well, what they forget is that these chandeliers and multi-bulb lighting fixtures are very expensive. These bulbs cost a lot of money when they are lit. So, if you are really serious about reducing debts, then you should use single-light fixtures. This will help you save both money and energy.

2. Unplug unused appliances: Truth be told, water coolers, microwave ovens, computers, DVD players, and other electrical equipments consume a lot of energy even when they are not turned on. Therefore, if you want to reduce debt while going green, then you should unplug unused electronic devices even when they are not turned on. This will help you lower monthly utility debt and save environment.

3. Use less gas: Gasoline fueled car costs a lot of money due to the rising petroleum price. The emissions are harmful for your health and environment. If your office is very near to your house, then you can go to office by walking or cycling. It will help you save money on gas and will be a good form of exercise. You won't even have to insure your bicycle. Public transportation will enable you save money on gas and parking, whilst reducing emissions.

4. Redo insulation: The insulation in most of the houses allows harmful carbon emissions into the atmosphere at a very high rate. The reason is, the earlier insulation systems were not created with a focus on saving the environment. However, the new insulation systems that have come up in the market reduce home energy costs as well as allow less carbon emissions into the atmosphere. Therefore, change your insulation system immediately.

5. Use waterless or composting toilets: You can save on your home water bills by using waterless or composting toilets. These types of toilet fixtures are inexpensive, quite easy to install, need low maintenance, don’t require water and are hygienic to use.

Finally, apart from saving money through green debt reduction strategies, you should also read the guidelines of FDCPA (Fair Debt Collections Practices Act) prior to negotiating with debt collectors.

Jason Holmes is a regular writer with Debt Consolidation Care and is also a contributory writer with other financial sites. His expertise is woven around various aspects of the debt industry and with his e-books he tries to impart to people the different situations and simple solutions to get out of difficult situations. Some of his works include e-books like Credit Score The Quintessential Therapy for a Happy Pocket, Take Creditors and Collection Agencies to Small Claims Court and My Story- From Depression To a Smile.

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