A recent post discussed spending $25 now on an electric energy saving project to save $48/year into the future. Some felt that such a small action wasn't worth the bother. The little project mentioned, assuming a 5% interest rate and the savings being reinvested every year, vs investing the $25 not spent at a 5% interest rate, would produce a return of $1403 over 20 years vs $63 from just a $25 investment, and at 30 years a return of almost $2900 vs $100. That might be enough additional income to retire a month early.
Little resourceful actions over time produce big results. What other useful resourceful tidbits are being done that are easy, inexpensive, and produce big returns over time? Most of us want to retire "in the manner to which we have become accustomed" and to do it early.
Little resourceful actions over time produce big results. What other useful resourceful tidbits are being done that are easy, inexpensive, and produce big returns over time? Most of us want to retire "in the manner to which we have become accustomed" and to do it early.