Tips for Conserving Water and Saving Money
June 9, 2021
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- Wash dishes efficiently. According to the EPA, running your dishwasher uses less water than hand-washing your dishes. If you don’t have a dishwasher, fill a tub in the sink to save water.
- Keep a pitcher of water in the fridge. This way every drop is for you and none goes down the drain.
- Fix leaky faucets. A leaky faucet dripping at the rate of one drip per second can waste more than 3,000 gallons per year, says the EPA. Repair the leak and it can save you a lot over time.
- Run full loads of laundry. Not only does running additional small loads waste water, it puts wear and tear on your machine.
- Swap out shower heads. Now may be a good time to invest in a low-flow or high-efficiency shower head. Look for a flow rate of no more than 2.5 gallons a minute.
- Water your lawn early or late in the day. If you water in the heat of day, you lose some water to evaporation.
- Upgrade your landscaping to include more drought-tolerant plants and landscaping such as stone. These practices can also help create defensible space in the event of a wildfire.
As you make changes to mitigate drought, we’re here to make sure you have the financial means to adequately prepare. Up-to-date fire prevention and drought management is more critical than ever, and we firmly believe in supporting any and all measures
our community can take to stay safe.
When you need financial assistance, turn to Redwood Credit Union for an affordable Signature loan with amounts up to $50,000 and a low, fixed rate. Learn more at redwoodcu.org/XXX.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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