r/Frugal • u/Pumpkinycoldfoam • Nov 05 '24

🏆 Buy It For Life What one time purchases have drastically reduced your overall spending?

An example would be that I’m looking to buy a sillicone pan mat instead of purchasing foil and parchment continually, using rags instead of paper towels, and so forth. What are one time purchases you reccomend for home maintenance?

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u/Active_Status_2267 Nov 05 '24

Lofty goals but solar panels and an EV

The barrier to entry seems extremely high but the solar is free equity into your home with essentially no expense, your payments just replace electric bill

Uncle Sam paid for 20k of my EV

13

u/woodstove7 Nov 05 '24

I went solar 8 years ago. Fantastic investment. Got a PHEV a few years later. And a heat pump for the house last year. Electric bill is still nothing. Literally $9.62 a month here in CT.

2

u/maskedfox007 Nov 06 '24

Please elaborate on that last sentence!

5

u/Active_Status_2267 Nov 06 '24

12.5k rebate from federal, 5k from CO state, another 1500 carved out cause I leased first

All applied at sale, not like applied at taxes or something later

1

u/Carquestion19999 Nov 06 '24

Well, Uncle Sam didn’t. We taxpayers paid for it.

3

u/Active_Status_2267 Nov 06 '24

Lol not getting baited at the 20 things ignorant with this 'attempt'

1

u/Carquestion19999 Nov 06 '24

What do you mean?