My new apartment, as it turns out, gets really cold come winter, and being a cheapskate, I don't really want to turn the heat on. As a result, my fermenter is generally around 58-62 degrees. I feel like this is too cool for ales, and I'm not really interested in doing lagers yet. I know that Morebeer sells fermwraps for like 40 dollars, but I'm wondering if there's not a cheaper solution, maybe involving a cheap heating pad from Wal-Mart etc. Anyone got any thoughts?
Or, is there just some way that I could better insulate my fermenter (I'm just using plastic buckets for right now) so that I don't lose so much heat from the initial pitch or from the heat generated during fermentation?

