A lot of people tend to overlook simple ways of saving money. Every day we perform small tasks where we can conserve resources and save money. By taking note of these easy tips you will notice a reduction in your monthly bills and more money in your bank account.

When using the dishwasher or doing laundry; only wash when you have a full load unless it is absolutely necessary. Both the dishwasher and washing machine use power. If you do only large, full loads you save money on both water and power costs. Wash your clothing in cold water, unless you are doing a load of towels, sheets or undergarments and socks. If this is the case, then you should use hot water. By washing most clothing in cold water you save power and money used to heat the water. If you are using the dishwasher, choose the "no heat dry" button. Less energy used to heat, means more money saved.

Conserving electricity is another way to cut costs on your electric bill. Every time you leave a room, turn out the light. In the daylight hours open your blinds and use natural lighting. You would be surprised how little you actually need artificial lighting, especially during the summer months. Choose the new CFL light bulbs to save money on electric bills. Soon they will be the only choice as the old bulbs are slowly phased out. Check what temperature your thermostat is set to. If you can do a degree or two lower, turn it down to save on power costs. Small appliances that are plugged into the wall, but not in use can be "electric vampires." Devices like the coffee pot or toaster should be unplugged after use. Computers also use energy. If you are not home during the day, choose the hibernate setting on your computer.

Water bills can be expensive, but you can save money by using faucet and shower head aerators. These reduce the amount of water flowing out per minute which saves your money from going down the drain. Watering your grass or garden early in the morning or after the sun has set ensures that the water is going into the ground, instead of evaporating in the afternoon heat. And lastly, if you have young children teach them to turn off the water when brushing their teeth.

By taking a few moments to ensure the lights are off when you are not in a room and the water is not running while brushing your teeth, you can save a little money. Although it won't be a lot, it all adds up to maybe an extra coffee a month!