7 DIY Projects That Save You Money While Improving Your Home

7 DIY Projects That Save You Money While Improving Your HomeJacqueline LepplaMTN Staff2024-12-06 00:00:00

Happy couple excited about their kitchen remodel and home improvement projects
fizkes / Shutterstock.com

Home improvements don’t have to break the bank. In fact, many DIY projects can enhance your living space while saving you money in the long run. Whether it’s cutting energy costs or adding a personal touch, a little effort can go a long way.

Here are seven DIY projects that are budget-friendly and deliver significant savings over time.

1. Install Energy-Efficient Weatherstripping

Weatherproofing or winterizing a window, sealing leaks with a caulk gun
Michael O’Keene / Shutterstock.com

Drafty doors and windows can send your energy bills soaring. Installing weatherstripping is an inexpensive way to seal gaps and keep your home comfortable year-round.

Spend a weekend applying adhesive-backed weatherstrips, and you’ll immediately notice the difference in comfort and energy savings.

2. Replace Old Light Fixtures with LEDs

Woman changing lightbulbs
Phonlamai Photo / Shutterstock.com

Swapping out traditional light fixtures for LED options can drastically cut electricity costs. LED bulbs last longer and consume far less energy than incandescent ones.

Choose stylish fixtures to update the look of your home while enjoying long-term savings on utility bills.

Pro tip: Save even more on home upgrades with Capital One Shopping. It finds discounts and rebates for energy-efficient fixtures and other home improvement products.

3. Build a Rain Barrel for Water Conservation

A green rain barrel to collect rainwater
Lea Rae / Shutterstock.com

Why pay for water when you can collect it for free? Building a rain barrel is a simple project that allows you to store rainwater for watering plants or washing outdoor equipment.

Use a food-grade barrel and a spigot kit to create a sustainable water source that reduces utility bills.

Pro tip: Slash your bills further with affordable home insurance coverage. Compare quotes from top providers to find the best deal for your budget.

4. Create a Compost Bin

Composting table scraps
Halfpoint / Shutterstock.com

Composting isn’t just eco-friendly—it’s a great way to save money on fertilizers and soil conditioners. A DIY compost bin made from wooden pallets or plastic storage bins can transform kitchen scraps into nutrient-rich compost.

This project keeps waste out of landfills and helps your garden thrive.

5. Upgrade to a Programmable Thermostat

Thermostat
Olivier Le Moal / Shutterstock.com

Installing a programmable or smart thermostat is a small project that can make a big difference in energy costs. Set it to adjust the temperature when you’re not home to save money effortlessly.

Pro tip: Consider a high-yield savings account for energy savings reinvestment. SoFi Checking offers 4% interest, plus a potential $300 signup bonus.

6. Refresh Walls with Paint

Couple envisioning their new home
Studio Romantic / Shutterstock.com

A fresh coat of paint can completely transform a room without the expense of hiring professionals. Choose a neutral color palette for a timeless look that increases your home’s value.

Make it a fun weekend project, and you’ll love the results—and the savings.

7. Build Shelving for Extra Storage

A young woman with a toolbox assembles a bookshelf
Elnur / Shutterstock.com

Custom shelving units add storage and style to any room. Whether it’s a floating shelf in the living room or garage storage, this project keeps clutter at bay while saving you money on store-bought solutions.

You can create something functional and attractive with basic tools and affordable materials.

Upgrade Your Home Without Overspending

Big open kitchen.
Neil Podoll / Shutterstock.com

DIY projects are a smart way to improve your home while keeping your wallet happy.

From energy-efficient upgrades to simple storage solutions, these ideas deliver savings and style in equal measure.



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