Consumers are evidently hungry for new technology, as it is estimated that 1 out of every 5 dollars will be spent on gadgets in 2019, according to the Consumer Electronics Association. While there is no denying the fact that gadgets and other pieces of technology make life easier and more convenient, the staggering amount spent must ring a few alarms. That’s why it’s prudent to look for smart pieces of tech that can actually lead toward savings. On this vein, what tech exists that can actually save you money?
Efficient Kitchen Appliances
Americans spend an average of 1.15 hours per day in their kitchens doing housework, preparing food and keeping on top of the dishes, according to the Bureau of Labor Statistics. With the area being so highly utilized, it would make sense to apply pieces of technology that can help raise efficiency and even save money in the long run. Good examples of this would be an energy-efficient dishwasher. It takes only about a third of the water you use in handwashing and different settings allow maximum cleaning and savings. Other pieces of tech in your kitchen that you should look at are your fridge and microwaves as they can consume quite a bit of energy as well.
LED Lights
Yes, the lights that you employ in your house are pieces of technology, too. LED lights can cost around $9 to $25 in the market. Before you write it off as being too expensive, you’ll want to know what’s in it for you. LED lights do consume about 75% less energy and last about 25 years longer than your run-of-the-mill light bulb. So not only will you spend less on power bills but you won’t have to go replace it after 2,000 hours of use like you would an incandescent bulb.
Smart Thermostats
Around 48% of your monthly energy bill is from heating and cooling, according to the Department of Energy. A smart thermostat can help you actively control your heating and cooling remotely through an app on your phone. So you can just open the app and switch off or turn on heating or cooling depending on your needs. It can also compile data on your routine so that it’ll know which areas of the home require more heating and cooling as times goes on.
There are a lot of different functional pieces of technology that can help you unlock more savings. All you’ll need to do is to spend some time doing research on which ones are applicable to your lifestyle. After all, you are the constant variable in terms of spending and consumption so tailoring your tech to work with you can help optimize your technology requirements.