Sunday, December 19, 2010

Orange Juice "Sweat Equity"

Old Houses and Fresh Orange Juice

Here's how I introduced the concept of (orange juice) sweat equity to my three kids:

You can go to a restaurant and order eight ounces of fresh orange juice for $3.50.

Or, you can buy 5 pounds of fresh oranges at Target for the same price, and use your juicer to make a half gallon (retail value: $28).

(The multiples for housing sweat equity aren't quite as impressive.)

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