Do Your Part for the Planet and You’ll Save Money Too

During the month of July, environmentally conscious Britons strive to use less plastic, in a focused month-long effort to reduce their dependence on single use consumer materials. The move exhibits their commitment to sustainability and responsible environmental practices, and these dedicated individuals have found that reducing the use of plastic can also save money.

Plastic-Free July is an initiative supporting the growing belief the nation needs to cut down on the amount of single-use plastic being introduced into the consumer supply chain. As the tide swells, drawing more and more UK consumers into the movement to conserve materials, reuse packaging, and reduce their overall impact on the planet, ecologically sound practices are helping people save money.

If you’re looking for novel ways to cut costs and help the environment, adopting proven strategies can help you be a hero for Mother Earth and save money at the same time.

Environmental Responsibility and Financial Balance

Slow wage growth has left some British families in an unstable financial position, struggling to meet their day to day spending needs. When income lags behind expenses, various types of financing can help buoy cash flow, such as short-term payday financing, available here. In addition to accessing these quickly funded loans, UK families are also tightening their purse strings, in order to reduce financial pressure at home.

As producers, packagers, and retailers find ways to conserve resources, environmental responsibility pays real dividends for shoppers, saving money for families that reduce their reliance on certain single use materials. You can start bringing home the benefits of environmental responsibility today, by using these methods to reduce your impact and make savings.

Embrace Refills – In most cases, there is more than one way to bring a particular item to market. Product packaging serves several functions, accomplishing this task, including protection, marketing and merchandising, as well as compliance with regulations. In an effort to reduce the amount of material used, cut packaging expenses, and better serve their customers, many consumer companies market refills for their products. Liquid soap, for instance, may be sold in dispensers fit for use at the sink, with large refills available to replenish the product. Committing to using refills, when available, not only saves you money, but it also reduces the overall amount of packaging waste impacting the environment.

Try Traditional Products – You may be able to save money and help the environment by purchasing liquid soap refills, but what if you could eliminate the plastic packaging altogether, saving money in the process? Revisiting traditional products, such as bars of soap, instead of bottled liquid alternatives, can cut costs and plastic waste. In the laundry, swapping out plastic jugs of liquid detergents for cardboard boxes of powder, has the same positive impact on the environment and your spending budget.

Buy Bulk Quantities – It doesn’t make sense to buy everything in bulk – perishable food, for instance. But you can make big savings on certain items, even as you reduce the amount of plastic and other packaging materials moving through your home. Personal care products, such as shampoo, conditioner, lotion, and other goods are often sold in multiple sizes. Buying the smallest packaged products available invariably leads to higher spending and excess waste. Rather than reaching for standard sizes, consider making economical bulk purchases, whenever possible. Your price per unit cost is lower when you select bulk quantities, and one-time bulk purchases yield far less packaging waste than similar quantities of the same product, acquired again and again, in small amounts.

Environmental stewardship is an important concern for modern producers, packagers, sellers, and consumers. Swapping out products for earth-friendly alternatives, buying bulk, and refilling containers represent three proven ways to reduce your reliance on single-use materials. Embracing these methods not only helps preserve the environment, but adopting the measures can also help reduce your household spending.

Paul graduated in 2001 with a degree in Finance. Since then he has gone on to work for several of the UK's most well-known financial institutions.

An avid blogger and a huge football fan, Paul is here to guide you through the ins and outs of personal finance and perhaps save you some money in the process!

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