FunnyCamper wrote:
best way to save on future purchases is to NOT buy until you need it then get the energy efficient, the best for your dollar, find it on sale and then replace whatever it is.
like lightbulbs. replace only with LED as the others fail. don't throw out a paid, good bulb, for a replacement.
I just was figuring this out on our heat pump. Dad's died after 16 years. got a new one and their electric bill went down like $35 a month. new energy efficient pump is saving him money vs. the 16 year old dying one but at the tune of $4500. So to save $35 a month to replace if it was still going strong would not be smart. It would take a little over 10 years of savings per month to cover that $4500. Why do that when the old one is paid for, working and ok?
My pump is 20 years old and going strong. when Dad mentioned his savings I thought, hmm...replace mine. then thought, heck no, not til it dies :)
So best way to save on purchases you think will help is wait til the old stuff dies, then replace as needed with good equipment/best money savers on the market.
Don't spend til needed. And while you are waiting to change things up when needed, BANK money to do that :)
So true. Many people are throwing away perfectly good washers and dryers to get new "efficient" front loaders that use less water. This ONLY makes sense if your current washer or dryer fails beyond repair. Then spending to get an efficient model makes sense. But when you consider the high price of getting an efficient washer just to get one, consider the initial cost, the disposal cost of the old one, the fact that new machines will not last 20+ years like your old one. Add to that the fact that new ore must be mined to make the washer, oil must be used to transport it to the store and to your home, and to deliver your old one to the dump or recycling center. And energy must be used to melt it down into a new product.
That "green" washer you bought and spent so dearly to get probably isn't good for your pocket book and almost certainly isn't good for the environment when considering everything in context.