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Old 05-23-2022, 08:06 AM   #11
BiggarView
Montana Master
 
Join Date: Jan 2017
Location: home base IL, OTR anywhere
Posts: 533
M.O.C. #19382
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For an alternate POV, I'll play devils advocate... we considered on board washer/dryer (Not a viable option for our application IMHO) or washer & dryer options. At a cost of about 2400 dollars self installed and $2800 installed (for the separate W&D) by a third party vs $40 per month in laundromat cost plus fuel and wear & tear on the tow vehicle to get to one for the times we did not combine it with other activities... we opted to not install them. Also we took into account the income we could earn off the money we would not otherwise spend for the appliances. "I" bonds currently pay roughly 10% so that would be 240-280 dollars per year to mitigate the cost of doing laundry at the laundromat. Or we could buy 45 shares of Philip Morris stock with 7% dividend which is a very recession resistant income producer and has safe long term price appreciation potential. We do not miss the convenience of being able to do laundry "in house". Also, these machines will need to be replaced in the foreseeable future so there would be an additional potentially expense budget item to plan for. FWIW
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