I don't think either would be your best investment. If your interest rates are low the interest you save would add up, but I have a feeling you would need the money elsewhere.
If you are (non-mortgage) debt-free and that is all of your savings, I think you should save it (preferably in an accessible account that earns some interest). If you pay cash for your next car rather than financing it, you could save thousands.
I would pay off any debts, then start spending. If it was between the kitchen or the bathroom, I say kitchen. You could also add a deck to your house?
Best wishes always,
Kay
fixed deposit safe way to go
I don't really know but I know if you invest in your kitchen and bathroom and later on sell your house, you can make that money back plus more.
I have 20000 dollars, should i remodel my kitchen and bathrooms or should i put it in my principal of my loan, where can i get more for my money.
