Daylight Saving Time Could Cost Us to Spend More

Daylight Saving Time Could Cost Us to Spend More

For some of us in Canada, United States and other parts of the world, we will have to turn our clocks ahead by one hour this weekend to set the daylight savings time. In other words, we will “spring ahead” by one hour this weekend (in fall, we “fall back” by one hour.)

The original intent of changing our clocks twice a year is for us to use less energy in lighting our homes by taking advantage of the longer and later daylight hours. In other words, daylight saving time allows us to use less electricity.

Furthermore, there have been friendly reminders that whenever we change the clocks on VCRs, microwave ovens and other electronic devices, we may use a ladder to reach some of the clocks. While we have the ladder out, we could use it to test and change batteries of our smoke and carbon monoxide alarms. This would also an excellent opportunity for us to check or replace other items around the house: water filters, baking soda in fridges and toothbrushes.

However, there has been an argument that daylight saving time could cost us more money. How? According to Spring Forward: The Annual Madness of Daylight Saving Time by Michael Downing, daylight savings time increases retail sales for stores and services. His claim is based on the extra daylight hours will encourage us to get out of our house and shop. In other words, when we finish work or finish dinner and there is still light out, we would tend to shop and spend more money. Therefore, we should be aware that being frugal is more difficult during daylight saving time.

Photo courtesy of http://www.flickr.com/photos/vmiramontes/3338658801/

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