Investments & Loans

Jump to Comments

I don’t know what things are like at the moment where you live, but here in Australia, almost the entire country is having to endure pretty severe water restrictions. For some this means complete bans on watering. In my town, we can only water once a week, and only between 8pm and 8am on that day.

Many believe this sort of situation is only the beginning. (If you haven’t seen Al Gore’s environmental documentary an inconvenient truth.. it gives some cause for reflection)

High Utility prices 

It is possible (in the very near future) resources like electricity, gas and water are going to continue there upward price momentum. We have already seen substantial cost increases this past decade. And the bouyancy of the current world equity markets is due in the large part to record commodity prices.

Smart financial management

Clever money management should always focus on generating cashflow as the number one priority. If you cannot sell it, if you cannot bank it, you are not in business. And this goes for your personal finances. If you are not generating income, you cannot implement wealth strategies, cost controls or retirement planning.

Simple Living

This post in the simple living series, focusses on water. Below are some tips to save on your water bill. For me, currently, it is strategies like these that are keeping my family’s garden alive, but perhaps in the future, this may well save me a small fortune.

Using grey water on the garden

This is the number one tip. For the average house. By making some minor adjustments, you can collect enough grey water to keep your garden alive and use half the average water consumption.

Hand wash dishes

And hand wash them in a tub. You can collect the water and use it easily on your garden.

Always shower, and Heat the shower water into a bucket

When you are heating the water for your shower collect it straight into a bucket, which you can easily transfer to the garden.

Install rainwater tanks

In my city we still have subsidies for converting to solar power. Which for some reason are being removed this year. It is likely subsidies like these will have to be used to entice consumers in the future to convert exisiting systems to more sustainable ones, such as rain water tank installation.

A couple of large rainwater tanks will allow you to run a dual system with mains water. It can also be used as a substitute for garden use.

Mains everything may not be the future

There is an arguement for becoming self-sufficient. Not being hooked into the grid. Running with the capacity to use your own rainwater for showers, drinking etc.

And, there is an argument for converting to your own septic also. Enviro-cycle systems allow you to treat the grey water and recycle it back onto the garden. Again a potential cost saver.

Simple Living Conclusion

It is not sexy. But, there may well be some financial wisdom to be found in sustainability.

As I said above, commodities and resources are leading the global sharemarkets, high prices and record demand.

It is said that we are using 30% more resources than the planet can supply. Basic law of economics: where demand outstrips supply, the price goes up.

If anyone else has any water tips you can leave them in the comments. 

 

Spread the word via StumbleUpon

Build Your Brand and Drive Traffic with Blog Advertising