Sunday, May 12, 2019

I Haven't Bought Gas in 2 Years and Didn't Pay Federal Tax in 2017

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How? By installing solar panels and buying a used electric car. Used electric cars are incredibly cheap, reliable, and you don't have to buy gas. Solar panels come with so many tax credits that you might not have to pay taxes for a year! My entire solar system ended up costing $8,500 after state and federal tax credits. It will have paid for itself and start making a profit for me in 2021.

Full disclosure, some people can't buy electric cars because they have no place to plug them in. If you're a renter, or have to park on the street, this might not be frugal for you. Sorry.

Submitted May 12, 2019 at 01:52PM by benagami

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