Crazy Money! Energy Saving in Germany & Here at Home

It’s Crazy Money Day!

The Wall Street Journal reports that Germans are going to great lengths to save energy. One charity has even created a competition to see who can save the most. Germans are finding creative ways to cut energy consumption. Some are posting temperature readings on social media and boasting about who can keep the heat off the longest. They’re sacrificing hot showers for washcloth wipe-downs and stocking up on thermal underwear. Towns have dimmed their streetlights, lowered temperatures in public buildings, and switched off hot water in public bathrooms. Saunas have closed and some towns are contemplating turning off traffic lights. Grocery stores are open for fewer hours. Churches are dropping thermostats to as low as 45 degrees and asking their congregation to donate blankets to older members.

In October, the Energy Information Agency warned that natural gas for heating will average $930 in America this winter. That’s up $200 over last year. Home heating costs are reaching the highest levels in more than 10 years, and that will put a hardship on millions of Americans. When heating your home, adjust your thermostat to 68 degrees. For maximum efficiency, choose eight hours every day to reduce the temperature by 7 to 10 degrees to lower costs even more. Be grateful for heat this winter. If you’re able, help those who are cold, and pray for our German brothers and sisters while attempting to reduce your own energy costs. 

And if you’ve been blessed with My MoneyLife, I invite you to discover the Crown Stewardship Podcasts. They focus on helping you find freedom in your finances and career. You can subscribe on Spotify and iTunes, or listen at Crown.org.