Saving Money at Home with Digital Tech

The relationship many of us share with digital technology can be a complicated thing. It’s often difficult to learn, where we’re never sure what is necessary and what could be safely ignored. On the opposite side of the spectrum, there is an increasing number of digital technologies that can be used to save us a lot of money in or around the home. Taking a look at a few of these, we want to demonstrate just a few of the possibilities on offer, and how simple these modern systems can be to implement.

Reducing Ongoing Costs

Saving money on the largest scale means looking at the biggest bills. For most of us, this cost will come from a mortgage. For generations, we’ve turned to traditional mortgage brokers to help find deals, but this approach is rapidly becoming obsolete.

Mortgage” (CC BY 2.0) by Got Credit

Often, older brokerages fall short as they simply can’t collect and relay the entire broad range of rapidly changing mortgages on offer. With newer systems like what Trussle offers, where a mortgage broker uses algorithms backed by dedicated, teams can scrape immense amounts of data and return with much more financially viable offers. As they search 90 mortgage lenders and 12,000 deals, and boasting average savings of £290 a month, it’s no surprise that these options are quickly becoming the status quo.

Smart Home Technology

From what used to be a clumsy gimmick, new smart-home tech is streamlined, easy to install, and compatible with almost all mobile operating systems. The most common example of smart-home tech is simple automatic lighting, which can alleviate the ever-frustrating problem created by those who refuse to learn that switches work both ways.

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More advanced are heating systems which can interface over long distances with wi-fi connections. Such a system could detect when a user is on their way home, and manage the AC output so the user arrives to the perfect climate. As with lights, this could also ensure that systems are turned off after a user leaves, again mitigating the problem of energy wastage.

Solar Adoption

In an environment where pollution from energy consumption is more worrying than ever, one of the best ways to address the problem can come from having your own generation system. Solar panels, like smart home tech, had a slow start, but their viability today makes them an appreciably useful tool.

When fully installed and running at maximum capacity, solar panels don’t just save you moment-to-moment costs, they can also dump excess energy into batteries for later use. If you live in the right area, local power companies might even pay you for excess, making solar power systems an even better solution.

Solar Panel” (CC BY-SA 2.0) by Marufish

Like with anything that saves money, the right approach will often incur a cost in the short term, at least outside of the mortgage broker example. That said, savvy homeowners should consider running the numbers, to calculate where an investment in better digital tech could leave them ten years from now. It might take a while to see results, but take the right approach, and future you will be thankful for the effort.

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