A few ways to save a little extra money

Lower your water heater’s temperature

Most households only need their water heater set to 120 degrees Fahrenheit, but some are set as high as 140 degrees. Apart from posing a safety hazard, this also wastes a lot of energy. Lowering your water heater’s temperature from 140 degrees to 120 degrees could save up to 22% on your electric bill annually, according to the Department of Energy.

This also slows mineral buildup and corrosion in your water pipes, which can extend the life of your water heater.

Downgrade internet service

Unless you’re a serious gamer, you probably don’t need internet speeds over 100 Mbps. In fact, you only need about 5 Mbps to stream high-definition video without problems.

Some internet providers offer a standard speed with all of their internet packages. But if yours offers different speeds, think carefully about how much you actually need. You may have to wait a little bit longer for a download, but it’s probably worth it if you’re saving even $10 a month.

Inflate your tires

Few people realize it, but for every 3 pounds per square inch (PSI) that your tires are below recommended levels, you’re losing 1% in fuel efficiency. This problem is especially common in the winter when tires are more prone to leaking. By keeping your tires properly inflated, you could save up to $65 per year on gas.

You’ll also extend the life of your tires by over 1,000 miles, so you won’t need to buy new tires as often

Change your cell phone provider

Just like insurance, cable, and credit card companies, cell phone providers want to keep your business. If you threaten to leave them for another carrier, they may be willing to offer you a promotional deal to keep you with them. Or if they don’t, you could actually change cell phone providers if there’s another carrier with decent coverage in your area. Just make sure you investigate any early cancellation fees before you do this.

A prepaid cell phone plan is another option. They’re often more affordable than a regular cell phone plan, and they usually use the same towers, so you can still get great service. However, you often have to purchase your phone upfront and customer service may not be as helpful with prepaid plans