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With advancements in technology every day it is amazing what new devices can help you do. We have everything from apps that automate expenses, to automated leak detection device. Today we are going to look at a few devices and technology that saves you money.

Google Nest Smart Thermostat

The Google Nest Smart Thermostat helps you save money on your energy bill. It is a programmable smart thermostat that learns the temperatures you like and programs itself to help you save money. You start with a schedule you set and can adjust it on the fly with the app. When you use Home/Away assist it will automatically adjust itself to help you save money. You can also save even more money with the Nest Temperature Sensor that automatically detects temperatures in different parts of your house and adjusts accordingly. When you are trying to save money on your energy bill, it is important to look for technology that saves you money.

The Nest Thermostat saves 10-12% on heating costs and 15% on cooling costs per year. Based on average energy consumption this will save you $140 a year, depending on the temperature you like your house at. Given the Nest is currently selling for $169.00 it will take approximately 15 months for the Nest to pay for itself. If your energy consumption is higher, the Nest pays for itself even quicker.

Kasa Smart Plug Power Strip

The Kasa Smart Plug Power Strip is another way you can save money on your energy bill. This strip has 6 independently controlled smart outlets as well as 3 USB ports. You can control these outlets remotely directly from the Kasa Smart app. This power strip also doubles as surge protection which can protect valuable devices from power surges.

A great way to use the Kasa Smart Plug Power strip to save money is powering off connected devices all at once. I use one for my computer to disable power to all my peripheral devices when I turn off my computer. Considering I have 3 40 watt monitors, a 200 watt TV and speakers that use about 8 watts when not in use, this can create significant savings. If we assume a cost of $0.15 per kilowatt hour and energy savings of 16 hours per day in a month this will give us $23.62 in savings per month. This pays for the Kasa Smart Plug Power strip in just 3 months. Talk about technology that saves you money!

Govee Leak and Drip Sensor

One of the best smart home upgrades you can make is a leak detector. This Govee Leak and Drip sensor lets you know when there is water detected. Considering water damage can cause significant costs to a homeowner, a leak detector is like an insurance policy that can really save time and money. These leak detectors connect to a gateway which connects to your WiFi, if your WiFi goes out than they also feature a 100dB alarm that will go off if water is detected. With the ability to connect up to 10 devices to the hub, you can cover every spot that water could potentially cause damage.

Philips Hue White LED Light Bulbs

One of the quickest ways to save money is to replace your light bulbs with LED light bulbs. LEDs are 80% more efficient than incandescent bulbs and last 21 times as long. This makes them a no brainer for a cost saving measure. There are numerous brands of LED light bulbs but I personally use these Philips Hue lights in my house. These are smart lights that sync up via an app or Alexa. I can also use them to check and see if someone is home or turn off the lights. Technology has come a long way in the lighting game, it is time to take advantage and start saving some money.

Saving Money with Technology

After living in my own home for over a year, I have realized the importance of saving money on my bills. These few improvements can save you hundreds on your annual bills that can be better used elsewhere. There are tons of other ways to save money, but these require very little work.

Have you used technology to help you save money? Let me know in the comments below!

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