April 22, 2025

Save Green by Going Green

5 Simple Ways to Cut Costs and Help the Planet

Key Takeaways:

  • Earth Day is the perfect moment to look at your habits and make small, sustainable changes that lower your costs and reduce your environmental impact.
  • Consider simple actions like adjusting your thermostat, planning meals and rethinking how you shop.
  • Comerica offers tools and guidance to help you make choices that are good for your wallet and the planet.

It’s been more than 50 years since the first Earth Day rallies, but the message still holds: thoughtful choices add up. That includes how we spend.

From the way we power our homes to the way we shop, eat and move through the world, everyday decisions can reduce waste and save money.

Here are five practical ways to build sustainable habits that support both your budget and the planet.

1. Cut Energy Waste and Lower Your Utility Bills
Summer is around the corner, which means higher outdoor temperatures and lower indoor temperatures. In warmer areas, air conditioning bills can skyrocket during the summer months, leaving you wondering how you can cut back in other areas without sacrificing comfort.

Energy efficiency is one of the easiest ways to reduce both your carbon footprint and your monthly expenses. You can do more than just turn your thermostat up to increase your energy efficiency.

Start with these simple, high-impact changes:

  • Upgrade to LED lighting. LED bulbs use 75% less energy and last much longer than standard incandescent bulbs. And make sure you turn off the lights when you leave a room.
  • Adjust your thermostat. A programmable thermostat can help reduce heating and cooling costs by up to 10% a year. If you don’t have an adjustable thermostat, consider upgrading to one that allows you to set temperatures for different times of day.
  • Unplug and save. Standby power (or “vampire energy”) can add up. Unplug unused devices or use smart power strips to cut costs. If you’re going on vacation, think about what you can unplug while you’re gone.
  • Consider energy-efficient upgrades. Investing in better insulation, Energy Star appliances or solar panels can lead to long-term savings.

2. Reduce, Reuse, and Spend Less
Cutting waste isn’t just good for the environment — it’s a practical way to keep more money in your budget. Buying used, repurposing what you already own and avoiding single-use items can lead to meaningful savings without sacrificing quality.

Try these smart swaps and spending habits:

  • Think long term. Skip impulse purchases and invest in high-quality products that last. A higher upfront cost often pays off by reducing the need to replace things as frequently.
  • Use reusables. Choose durable items like refillable water bottles, shopping totes and silicone storage bags to reduce waste and cut recurring costs.
  • Buy secondhand when it makes sense. From clothes to furniture, secondhand items can be just as useful and far more affordable. Mend, refinish or repurpose when possible, and check resale sites and local shops before buying new.

3. Eat Green and Save on Groceries
Eco-friendly food choices are often better for your budget and the planet, too. From smarter grocery habits to growing your own ingredients, small adjustments help cut food waste and lower weekly costs.

Consider these simple ways to cut costs while eating more sustainably:

  • Meal plan to reduce food (and time) waste. Plan meals ahead of time to avoid unnecessary grocery purchases and cut down on food waste. Having a meal plan for the week will also save time on meal prep.
  • Buy in bulk (strategically). Purchasing non-perishables in bulk reduces packaging waste and can lead to serious savings. But remember to only buying products you need. You won’t save money buying large quantities you’ll never use. 
  • Try meatless meals. Cutting back on meat just a few days a week can lower food costs (and your cholesterol). Replace meat with other proteins, like tofu and beans.
  • Grow some of your own food. A small herb or vegetable garden can save money and reduce trips to the store. Just remember: Gardening projects require extra time and effort but can make a big difference in your consumption habits if it fits your lifestyle.

4. Drive Less, Save More on Transportation
Gas, maintenance and wear-and-tear add up fast. But a few simple shifts in how you get around can reduce both costs and emissions. Whether it’s rethinking your daily commute or improving how you maintain your car, transportation is a key area to save.

Make your miles go further with these tips:

  • Walk, bike or carpool when possible. Save on gas while reducing your carbon footprint, and benefit from using the HOV lanes to get ahead of rush hour traffic.
  • Optimize your driving habits. Keep tires properly inflated, avoid idling and drive at steady speeds to boost fuel efficiency. Stick to your vehicle’s maintenance schedule to avoid costly repairs later.
  • Use public transit if it fits. In urban areas, public transportation can be a more affordable, lower-stress option. It’s also a chance to read, work or unwind without the demands of driving.

5. Make Smart, Sustainable Financial Choices
Your financial decisions can have just as much impact as your daily habits. From banking digitally to supporting environmentally responsible businesses, aligning your money with your values is a powerful way to create long-term change—while also saving along the way.

These choices can help you build a more sustainable and financially sound future:

  • Go paperless. Switch to digital statements, online bill pay and auto-drafted payments to reduce waste and simplify your finances.
  • Invest in an electric vehicle (EV). When it’s time for a new vehicle, explore electric options. Depending on your lifestyle, it could lead to savings on fuel and maintenance over time.
  • Bank with a financial institution committed to sustainability. Partner with institutions that offer green products and invest in environmental initiatives, like Comerica. Ask how they’re reducing their footprint.
  • Support sustainable brands and funds. Look for companies with strong environmental commitments and explore ESG (Environmental, Social, and Governance) investment options that reflect your priorities.

Go Green(er)
Sustainability is gaining momentum with consumers and businesses — and for good reason. Small, thoughtful changes can lead to meaningful results for both your finances and the environment. These simple steps are a smart way to take care of the planet while staying focused on your long-term financial goals.

At Comerica, we’re here to help you align your financial goals with what matters most. Visit your local Comerica Banking Center to explore strategies that support your savings and a more sustainable future.

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