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11 Money Savers That Will Pay for Themselves in a Year or Less

I have to admit to being a bit of a gadget freak. I’m drawn to tools and devices that do cool things. And when I discover “cool” includes being a money saver, for me that turns a purchase into an investment with a guaranteed rate of return.

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Here are eleven gadgets—tools, and items I’ve found that can save a lot of money and generally recoup their cost in a year or less. Your mileage may vary.

You can count on this: Once you’ve recouped the purchase price, these items will continue to save you money—for free!

Programmable Smart Thermostat

 

Nest Learning ThermostatIf you have a central heat and air conditioning system, you need a programmable thermostat. Your thermostat controls half your energy bill—more than appliances, more than electronics. So it should help you save energy. There are less expensive options available, but a high-quality programmable thermostat that works with Alexa, like the Nest Learning Programmable Thermostat for the home will result in very precise and reliable temperature control.

You can program it (quite easy) to automatically lower your air conditioning and/or heat use while you’re not home. Or just turn down the heat on your way to bed. Nest takes note, learns your habits and patterns, and starts building your schedule. Cozy in the afternoon, cool at night. Check. Nest will automatically adjust things for you so that you aren’t wasting expensive electricity—without any noticeable changes for you and your family.

With just a few manual adjustments, the Nest Thermostat can learn your habits and immediately start saving you money by automatically adjusting the temperature. Nest works with Alexa, which means you have voice control capability as well as the ability to control Nest from your smartphone. Used to its fullest, Nest can easily return its cost to you in the first year—making the annual savings free from then on. Check it out.

 


 

Space Heater

 De'Longhi Mica Panel Heater

The most efficient and easiest way to reduce your home heating cost is to maintain a comfort level in rooms that are occupied while keeping your furnace set very low to say 55 – 60 F. For a living situation where many of the home’s rooms are unoccupied or at nightt, a great way to keep heating costs down is to use a space heater to make an occupied room comfortable.

The DeLonghi Mica Panel Heater is an excellent space heater for so many reasons. First, it is quiet. Remarkably so! I find it annoying and disruptive to hear a heater fan cycle on and off, so this one feature may be the biggest reason I love this heater.

This DeLonghi is micathermic, which means the heating element is covered in thin sheets of mica. It produces both convection heat and radiant heat. It’s on wheels and quite lightweight, which makes it easily portable. And it’s designed to not tip over. It doesn’t get dangerously hot to the touch, making it safe around pets or children. Check it out.

 


Kitchen Bar Mops

bar mops 25-pack

bar mop is a white terrycloth squarish-sized towel about 16″ x 19″—the perfect size to dry a dish, wipe down a counter, or clean up a spill. A bar mop also makes a great oversized cloth napkin. In my kitchen, bar mops mostly replace paper towels, paper napkins, and traditional kitchen towels, too.

I have six dozen bar mops and rotate them frequently. I keep them in a deep kitchen drawer. Folded in half, I take a clean stack and stand them up as I would file folders in a desk drawer. This makes it simple to grab one, as needed.

I use these small towels, or bar mops, with abandon—in the same way I used to use up paper towels—tossing the bar mops into a small handy kitchen trash can that I use as a hamper. When it’s full into the laundry they go.

Bar mops are durable. I’ve had the same collection for many years. I use a small amount of detergent plus 2 tablespoons liquid chlorine bleach in the wash cycle; 1/2 cup white vinegar to the final rinse of every load of bar mops and wool dryer balls in the dryer. This routine keeps them sparkling white, stain-free, soft, and absorbent.

Let’s take perhaps a realistic look at what paper towel usage is for the average family.  The research I did says that families are using 80 rolls per person per year. That’s 320 rolls for a family of 4. At $1 each (that price is quickly disappearing) that is a conservative $320 per year.

If instead, we consider using bar mops, which can be used over and over again, this could be a $60 purchase every few years.

Add in the cost of paper napkins and it’s easy to see that an investment in bar mops will pay for itself in way less than a year even taking into consideration the cost of laundering.

 


 

Rechargeable Battery System

 

A close up of a device

 

 

Both my home and office have a bevy of items that devour battery power. I’m going to guess you might have the same thing going on where you live.

A good battery recharging system can cut the cost quickly. Panasonic’s Eneloop is a reliable system and offers seemingly endless hours of battery recharging (up to 2,100 times to be exact). Just lock the batteries into the recharger, plug it in and you’re good to go. Again.

Eneloop is perfect for parents that have children with lots of battery-powered toys. This starter pack comes complete with the Power Pack, 8AA, 2AAA, 2 C Adapters, 2 D Adapters, an advanced individual battery charger, and a plastic storage case. At this price you’ll recoup the upfront investment in not time. Check it out.

 

 


Electricity Usage Monitor

Watt and Electricity

This terrific little gadget, Kill-a-Watt will give you an instant read-out for how much electricity items are using even when they are powered down. That kind of power draw is known as “phantom power.”

If you discover it to be significant, you’ll know which items should be unplugged—not just turned off—when not in use. It’s easy to use. Unplug the item to be tested, plug in the Kill-a-Watt, then insert that item’s plug into Kill-a-Watt. Some quick calculations can show you exactly how much it’s costing each month to leave unused items plugged in.

Kill-a-Watt will save you a bundle if you discover you’re spending a significant amount each month for completely useless, unneeded phantom power. Check it out.

 

 


 

Instant Pot

Instant Pot and Rice cooker

Think of an Instant Pot as Swiss army knife for the kitchen. You can get rid of your old pressure cooker, slow cooker, rice cooker, steamer, warmer wand yogurt maker (do you have one of those?) as it performs all the above with ease.

Instant Pot‘s built-in microprocessor enables you to cook food up to 70% faster while the stainless-steel pot and lid are dishwasher safe, making clean up quick and easy.

Even if you aren’t a skilled cook, the Instant Pot makes it easy to prepare healthy, filling meals. I recommend this 6-quart size—it’s not too big and not too small. Most people more than recoup the cost of an Instant Pot in just a few months—mostly in money saved by not eating out so often.

Food cooked at home from scratch—that’s the way to slash the cost to feed a family. And Instant Pot is the way to do that quickly and effortlessly. And become a great cook in the process. Check it out.

 



Wool dryer balls

A close up of dryer balls

The best alternative to liquid softeners and dryer sheets is a set of wool dryer balls. They look like overgrown tennis balls, made of 100% wool yarn, that over time becomes “felted,” making them especially durable and not at all prone to unraveling. One set of wool dryer balls will last what seems like forever, softening thousands of loads of laundry—no batteries, refills, repairs or reconditioning required.

Here’s how they work: Imagine a big load of wet bath towels going into the dryer. You hit “start” and that massive wad of wet fabric will flop around and stick together for quite awhile before the layers become dry enough to separate and allow warm air to circulate. That slows the drying time, wasting time and energy.

Now imagine six wool dryer balls bouncing around (I use my entire set of six in every load), working their way between the layers of fabric, separating them so the warm air can circulate efficiently from the very start of the cycle.

I’ve tested drying times with and without wool dryer balls, and the results are quite amazing. Smart Sheep Wool Dryer Balls cut at least 25 percent off the time to dry a load of laundry, saving time and energy. They work their way into tight spaces and that’s what makes them so awesome. Because dryer balls also agitate against the fibers in clothes and linens, everything feels softer coming out of the dryer.

 


Vacuum Sealer

A close up of a food sealer

I have a Foodsaver vacuum sealer that I use all the time. In fact, this is my third machine in 25 years. I use it every day and swear by it. It has paid for itself many times over—but only because it has a permanent place on my kitchen counter with the bags and attachments always at the ready. Additionally, I have a collection of Mason jars in 2-quart, 1-quart, 1-pint and 1/2-pint sizes. I use them to store all manner of food items.

The jar sealer accessory vacuums the air out of the jar then seals the lid so tight it takes a church key to open it. So easy, so effective. Don’t tell anyone, but I have crackers that are at least six months old sealed in a Mason jar, that are as fresh as the day I bought them. I can reseal my jars over and over until the contents are fully consumed. That’s the beauty of  a good vacuum sealer—it extends the freshness of food way beyond its perceived expiration dates. That means less food down the disposal and fewer trips to the supermarket. Amazing. Check it out

 


Roku Express HD Streaming Media Player

A remote control sitting on a table

Want to kiss your big monthly cable bill goodbye? Roku Express just might be the best way ever to do that. Roku Express delivers a 5X more powerful HD Streaming experience over the Internet, straight to your big-screen TV. And it’s really easy to get started—just plug it into your TV with the included High-Speed HDMI Cable, connect to the Internet, and start streaming.

Use the remote to search for your favorite shows and discover channels. From movies and series, to cable alternatives stream the most talked about TV across free and paid channels like Netflix and Hulu, Disney and Apple TV are now streaming on all Roku devices—with more power than ever. Check it out.

 


 

SodaStream

An empty bottle on a table

If you find yourself spending much of your grocery budget on carbonated soft drinks, you might want to consider investing in a SodaStream machine. It’s not only cheaper to make your own carbonated soda drinks at home, it’s purported by the manufacturer to be healthier too.

The two carbonation cartridges that come with this SodaStream kit will make 120 liters of soda. It’s easy to compare the price when you consider that the average cost of a one-liter bottle of soda is about a buck. You’ll recover the upfront cost of this SodaStream starter bundle in no time. Don’t worry: Flavored syrups in your choice of popular soda drinks are readily available for the SodaStream machine.

As you consider replacing commercial soda, keep in mind this machine requires a CO2 cartridge, which must be replaced every 60 liters of soda. Check it out.

 


Filtered water bottle

A close up of a device

Here’s a simple way to cut the cost of hauling home bottles and bottles of filtered drinking water. Invest a few bucks in your own filtered water bottle. Make filtered water yourself, on the fly. The Bobble Classic is simple, inexpensive and easy to get used to. The replaceable carbon filter is equal to 300 single-serve 16-ounce bottles of water. Bobble Classic comes in a variety of colors. Check it out.

 


 

 

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7 replies
  1. Patricia M Hammons says:

    About the Delonghi Micra heater. I ordered one like shown. The back seems to get to warm to mount on a wall and when i unplug it at night. the Plug is almost hot or quite warm. Is this normal?

    Reply
    • Mary Hunt says:

      Refer to the manual, please. It would not be wall mountable if that were dangerous. But if you are concerned, call Customer Service! The number and contact information is in the manual.

      Reply
  2. Katharine Morris says:

    That Bobble water bottle has horrible reviews and pictures showing how the lid breaks. I like your newsletter and I usually enjoy your recommendations, but this would be a hard pass for me. A 4.1 rating with only 57% 5 stars reviews is not very good.

    Reply
  3. Pamela says:

    Mary, I love, love, love your site. But there’s a problem. Just about every time I read it I end up spending money! Today it’s the dryer balls. Woman, your name is ‘Menace’! LOL!

    Reply
  4. Jane A Hagberg says:

    The bar mop towels are great—I’m still using some I purchased about a year ago, but I don’t think they were imported. These that you recommend are imported.

    Reply

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