Did you know that you can easily save money?
By sealing cracks and joints in your house with windbreak strips, for example, you can quickly earn $ 25 a year. By taking two minutes less shower, you will earn $ 40 per person per year. Replacing incandescent lamps with energy efficient lamps saves around 60 dollars. By lowering the stove by one degree, you can even earn $ 80 a year. You don’t have to do or leave a lot for this, but on an annual basis, you have a good amount left. You can also make it bigger!
If you want to save more than a few dozen, it’s worth investing in your home. If you make your home more energy efficient, you will see it directly on your energy bill. An average family spends around 200 dollars per month on gas, water and electricity. Insulating the ground floor allows this family to save around $ 160 per year. Replacing simple glazing with energy-efficient glazing saves even more. This allows to obtain up to 250 $ per year. Read our tips for saving money sustainably.
Renovate your home
Of course, it costs money to renovate your home. But investing in your home pays off, if only for the value of your home. You do not have the (total) amount available for the renovation? So borrowing money can be a good option. If the savings on your energy bill are greater than the monthly loan amount, your investment will immediately earn you money on a monthly basis!
A home improvement loan is usually less expensive than an additional mortgage. This means that you do not have to pay any fees to contract a loan, advice, notary or expertise when you take out a loan. The duration of a loan can also be easily adapted to your loan objective. This means that you are not yet paying off your home insulation loan when you are already ready to move out. If you opt for a personal loan, you will be entitled to a tax benefit. The interest on your personal loan used to renovate your home is tax deductible.