Home Depot’s Earth Day Giveaway Friday, Apr 20 2007 

In honor of Earth Day, Home Depot is giving away one million Compact Fluorescent Lightbulbs (CFLs) Sunday, April 22. So exciting. I’m embarrassed to say I’ve never used these bulbs, but have been wanting to try them for awhile. They have a considerably longer life than their traditional, old-school incandescent counterparts – a cool 8,000-15,000 hours compared to the incandescent 750-1000 hours. More importantly, they consume about one fifth the power as the incandescents. And where there are energy savings, there are also cost savings. Although these bulbs cost slightly more than incandescents, the savings in energy costs more than pays for the price of the bulb. And since they last so long, you don’t have to purchase them nearly as often – (apologies for stating the obvious).

Home Depots’ generous giveaway alone will result in:

  • $12 million savings in annual energy costs
  • reduction of up to 196 million pounds of CO2 emissions, which is the equivalent of removing 70,000 cars from American roads

Hurry to Home Depot Sunday morning to get your CFL while supplies last. Both Ben Franklin and Mother Earth would be proud.

Aspiring Writers Inspire Future Savers Friday, Apr 6 2007 

How do I love ING? Let me count the ways…

Seriously, I really do love this organization. They give you to $25 just to open an account with a stellar interest rate that is always increasing. They make it so simple to deposit and transfer funds. In addition to savings and checking accounts, they also provide home loans, investment, and retirement accounts. But what I really love are their contests. I’m competitive by nature and I LOVE saving, so naturally, I am always watchING out for the next contest.

Their latest contest really jumped out at me. Adventures in Savings challenges story writers of all ages to write a fictitious children’s story that espouses a financial lesson. There are separate categories – child, teen, and adult – and one winner from each will win $1,000 and have their financial fable illustrated and published.

I applaud ING’s efforts to teach kids about money at an early age. Call me a cynic, but I feel like so many financial institutions aim to keep us in the dark about these matters (young and old). Credit card companies reward you for spending above your means, and slap you with a hefty penalty for any spending mishaps, no matter how minor.

Or you could call me naïve for raving about ING’s latest contest to encourage saving. You may be thinking – sure they want to encourage saving, as long as you save with them. And sure credit card companies want to keep consumers in the dark about late payments and high interest rates – that’s how they make their money.

Either way, I think this contest is just swell. I’m already brainstorming about money morals…

Follow

Get every new post delivered to your Inbox.