Creating a Dream Green Home

 

How to make your home environmentally friendly.

 

It’s World Environment Day and we’re here to give you some advice on transforming your home into an eco-friendly sanctuary. Thanks to ongoing innovations in technologies and the growth of the green movement, there are now easier and more affordable ways to be good to the environment. Get started with our top tips on creating a sustainable and environmentally conscious space at home.

 

Recycling food

 

Aussies waste over 5 million tonnes of food each year[1], affecting the economy at a rate of $20 billion annually in waste disposal costs and lost product. This is happening whilst charities are turning away more than 600,000 people seeking food relief per month[2].

 

Why not stop the cycle in your home by composting or recycling your excess food! As an added advantage, composting will help your garden thrive, if you’re savvy enough to use the fertiliser by-product on your plants in spring.

 

If you’re short on space and can’t afford to give up valuable yard room for a big composter, consider recycling your excess food by donating it to charities, likeOzHarvestFoodbank or SecondBite – just to name a few. There are now even food-sharing apps, such as Olio, that can help you give-away or swap your surplus groceries.

 

Switch to LED

 

LED is the way of the future, and lucky for us, it’s here now and ready to roll!

 

Switching all your old lightbulbs with LED bulbs will mean you’re not only spending less on replacing broken bulbs, but they’ll also help you save significantly on your power bills. As an added benefit for residents of New South Wales, you can now take advantage of the state government’s lighting upgrade offer, which will give you discounts on installation fees and LED bulbs.  

 

Get smart on your power outlets

 

Turning off your electricity at the source is an age-old piece of wisdom that’s been shared time and time again but sometimes it’s easier said than done – especially when your busy schedule has you rushing around.

 

However, there are now a range of solutions available to help you switch off, no matter what your budget and even when you’re not at home. Smart plugs can help give you visibility over what’s plugged in and eating into your electricity bill. Many of these will even allow you to connect to your plugs remotely via an app or computer so you can switch off at the source and leave your worries behind knowing you’re doing your bit for the environment whilst saving money.

 

Finance big ticket eco purchases with a green loan

 

If you’re thinking of taking the next step in creating an eco-home, solar panels and rainwater tanks are the way to go. However, unlike the smaller scale solutions, these big ticket items can be hard on the hip pocket. Thankfully, there are now a range of ‘green loan’ finance options to choose from thanks to collaborations between fintechs and traditional banks. Gateway Bank is one of them and we fund ‘green loans’ through RateSetter, providing Aussies with a low rate option to finance their eco-friendly projects!

 

Whatever way you choose to be greener, always keep in mind: ‘reduce, reuse, recycle’, and we guarantee you’ll be making a difference in no time – even with the smallest steps.

 

[1] National Food Waste Strategy: Halving Australia's food waste by 2030

[2] Roundtable on food waste marks the beginning of halving Australia's food waste by 2030