That drip coming from a Leaky Faucet in your sink is more than just annoying, it is costing you money. One small leaky faucet can waste up to 70 gallons of an average home’s daily water supply. The faucet has a small circular disc known as the O-ring. Once it has worn out, it will need to be replaced. Make sure if your faucet handle is loose, it needs to be tightened. There are other seals and parts in the faucet unit that can wear out. If your faucet is leaking, get it repaired or replaced ASAP and save your household some money.