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Even with compounding, you’ll get less than $100 a year on your $1,000 in bank interest. Putting $1,000 in your home by upgrading your heating system or insulation, for example, should save you at least $150 (15% of your investment) in heating and cooling bills in your first year. That is $150 more than what you would have SPENT had yu not made the investment. It’s called cost avoidance. That $150 cost avoidance this year will probably be more in future years as energy prices go up. You’ve also increased the value of your home.
Don’t forget, a dollar saved is yours. A dollar earned is taxed. So, money saved is worth more than money earned.
If there is anything we can do to help you in the field of real estate please stop in at EILEEN M. DAY, Realtor, The Clopton House, Washington, Va. 22747. Phone 675-3033. We're here to help. _
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