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Conservation Saves More Than the Environment
In this country, we use an average of 100 gallons of water a day at home. We could cut our water use by 30 percent. If all U.S. households installed water-efficient appliances, the country would save more than 3 trillion gallons of water and more than $17 billion dollars annually, the EPA says. And when we use less water, we reduce the amount of energy needed to supply that water.
So what's your best energy, water or waste-saving penny-pinching story? You can nominate yourself, a family member, friend, relative or co-worker. I'm looking for originality and honesty. I'm interested in frugal folks, not misers. Humor scores big in this contest.
  Louise Meyer uses solar cookers to make stuffed peppers and more. (By Juana Arias -- The Washington Post) Color of Money Challenge
For 2007, personal finance columnist Michelle Singletary will help four people -- two single women and one couple -- achieve their financial New Year's resolutions.
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Syndicate/SubscribeTo reward those who are serious about saving money and the environment, there will be cash prizes. First place wins $100, second $75 and third $50.
Please take note that edited versions of entries may be published whether you win or not. Anonymous entries will not be eligible. Send your entries by Aug. 20 to colorofmoney@washpost.com. Please put "2007 Penny Pincher of the Year Contest" in the subject line. Please include your full name, address and daytime and evening phone numbers. You can also mail entries to Michelle Singletary, Color of Money, 1150 15th St. NW, Washington, D.C. 20071. If you are sending your entry via regular mail, please put on the front of the envelope "Penny Pincher of the Year Contest."
· On the air: Michelle Singletary discusses personal finance Tuesdays on NPR's "Day to Day" program and online athttp:/
· By mail: Readers can write to her at The Washington Post, 1150 15th St. NW, Washington, D.C. 20071.
· By e-mail:singletarym@washpost.com.
Comments and questions are welcome, but because of the volume of mail, personal responses are not always possible. Please note that comments or questions may be used in a future column, with the writer's name, unless a specific request to do otherwise is indicated.
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