Thomas E. Williams II
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Emerald Coast Living

DAVE SAYS: Home improvement debt is not worth it

Posted on - Laura Bernstien

Dear Dave,I’m debt-free except for my home, and I’m considering having solar panels installed on the roof of the house. It would cost about $27,000. I have $80,000 in savings, but the company doing the installation will finance it all for just 1 percent interest. It’s almost like free money. My electric bills average about $310 a month, and I thought this would be a good way to save money in the long run. What do you think? […]