— New addition to our blog: Weekly financial tips that will help you budget, save, invest, and manage your finances —

This week’s saving tip:
Changing your old incandescent light bulbs to LEDs (light emitting diodes) saves energy and is environmentally friendly – also lowers your monthly electric bill.
Yes, the initial costs to install all those light fixtures around the house is substantial at first, but over the long run it will translate into savings.

The highly efficient LED light bulb consumes a fraction of the electricity burned by conventional incandescent bulbs, yet it emits a soft, natural-looking light.  LED lamps have a lifespan and electrical efficiency that is several times better than incandescent lamps, and significantly better than most fluorescent lamps

LEDs can be purchased at Home Depot or Lowe’s. Make a difference, start saving now!

Click Here for a full review on best LED Bulbs (courtesy CNET)