Frugal Fixes for Drafty Windows -- Savings Experiment

Baby, it's cold outside, and if you have drafty windows and doors, you're losing money. Here's how to keep the heat in your home and your cash in your wallet.

Drafty windows can allow up to 25 percent of a home's heat to escape. One low-cost solution is to invest in energy-efficient curtains, which are available at any big box retailer. They can help lower heat loss by 25 percent, but depending on how many windows you have their $12 price tags can start to add up.

A more cost-effective solution is window film. It's not only easy to install, but it creates a seal that can reduce heat loss by 50 percent. Some consumers have reported a savings of $25 on their heating bill, and at $1 to $2 per film, it's a much cheaper option than energy-efficient curtains.

If you need a fast fix, bubble wrap is an effective substitute for window film. Place a piece with the bubble side against the glass, and use double-sided tape to keep it secure. It's not pretty, but it's great if you need a quick solution.

As far as drafty doors go, weather stripping is relatively inexpensive. However, a DIY door snake provides plenty of function for a fraction of the price. All you need is a pair of scissors, some fabric, a sewing kit, a funnel and some filling, like rice or kitty litter. The project does take time, but if you have it, this can be a fun weekend project for you and your family.

So, when it comes to keeping your home warm, don't let your money escape you. Try one of these easy and economical window and door solutions and you'll stay toasty all winter.