I've had this money-saving tip on my to do list for months and finally decided to do it this week. It was time to save some money!!

This money-saving tip is simple: install a hot water heater timer.

The biggest reason I was procrastinated on installing is that I thought it would be so hard to do. Yea, I was thinking I would have to hire an electrician, and spend hundreds of dollars getting the timer installed.

Or I would mess it up, blowup the hot water heater, and flood the house. No way, it so easy.

Here are the steps to do it. It's really easy:

1.     Go buy the timer at Home Depot or online, here's a link to the timer on Amazon.com: http://www.amazon.com/Intermatic-T104R-24-Hour-Dial-Switch/dp/B000TKDLE8

2.     Mount the timer to the wall.

3.     Obviously turn off the power to the hot water. Use the breaker in your electric panel.

4.     Once you've confirmed that the power is turned off on the hot water heater, then run the power supply that ran into the hot water heater into the timer (There will be instructions in the timer box.)

5.     Run the power from the timer to the heater.

6.     Set the time to turn on and off.

It's really a simple job. It just takes a little bit of time to make sure you get that power turned off. That is the most important part of this entire job.

Tip: Set the timer to turn on at 5:00PM and turn off at 11:00PM.

That's it. Please send me an e-mail about how much money you saved in your electric bill this month. Don't stop from doing this because you think it's tough. Just do it and save. Maybe even take somebody special out to dinner with the savings!