Skip to main content

Do it yourselfers are winning, bigly!

Why?

Let's start with the obvious, financially, it's significant in a time where hyperinflation is rearing its ugly face. Have you been getting the same percentage raise as the handyman you must call to fix X Y or Z? Both materials and wages have skyrocketed in the last year, and the projection seems not to be slowing down. So what do you do? Bite the bullet, not go on that vacation you were hoping for, sell your car, move into a more affordable place (let me know when you find that deal!). No, what you do is you fix whatever it is, and I mean WHATEVER IT IS yourself! 

I'm going to link a blog post from many a year ago, so I don't have to go into its finances because I want to go into the behavioral side of it on this post. 

http://livethe.moneylife.us/2015/03/diy-and-why.html

By the way, I did touch on the EGO and behavioral side even back then, 7 years ago. 

So let's dive even further into it now that I have 7 years of DIY, and there really isn't a lot that I haven't done at this point around a house and automobile. Therefore, do I do what I do because of the finances? NOPE, I do what I do for myself, and every job I get done, I learn, I gain confidence in myself, not because I want to have the confidence to possibly do this in the future for wages, HELL NO! I build my confidence in my abilities to tackle whatever life throws at me. And let me tell you, some shit will get thrown your way, and if you didn't fix the leaky faucet, do you really think you'll fix the leaky mainline?! 


Yes, that happened just after I'd finished the master bath work. That's a half-inch crack down the bottom of a cast-iron main, probably 8 feet worth. There's a little back story here; our house for a few months had had a hint of nastiness in the air. I was constantly running draino, adding to the downstairs drain assuming there was some sort of vapor drift. Luckily, or terribly, I was showing the house for an appraisal and walah bubbling drywall! F#$K! However, after ripping out the "finished basement," Which they sucked at finishing anyway! I found that bad boy! Replace it, and its two connecting counterparts, 100 bucks or so later in parts, and our house no longer stinks! 

I bring up this particular story because I didn't even contemplate calling anyone. Therefore the stress levels in my house were highly minimized, I don't recall, but I think it was over some break, holiday who knows. So I put some waterproof tape on it (not duct tape, but you get the gist), and we went about precisely what we were about until I had the day to fix it. You'd think that cutting into cast iron, a mainline, would cause heartburn, but it didn't because this is probably the fifth time I've done it. That being said, I always watch a youtube video before I do anything, even if I've done it many times. New ways of doing things can be more efficient, bring out your thinking cap, and do better work than you could have hired. So when shit (literally) got thrown my way, instead of freaking out, I was able to use a few choice four-letter words and immediately start planning in my head what was needed to fix the issue. 6-hour job, done. And a lasting "heartburn" of an issue was solved! My poor wife couldn't understand my elation of this job. But that smell was driving me berzerk! 

I stated earlier that I don't do it for the finances, and believe it or not, that's true; however, let's be honest, I still keep score! So just like that old ass post, let's take a look at this job, replacement of sewer main, not having to dig, but having to demo (I'm not including the repairs, as I am going to do it right and therefore, the "repairs" are a moot point) in other words getting to the exact position I am in currently, would have been anywhere from 1500-10000. No, I'm not kidding about that. The odds that I could find the proper person to do the job like I did for 1500 is slim to none; it would involve calling my contractor friends and getting a favor done at a time that contractors are charging 150-200 an hour, and they are currently nowhere to be found! The 10,000 would have been if I called a local plumber and just paid the bill. Therefore, let's split the difference call it 3K that it would have cost me to have this job done. As I said earlier about 6 hours of labor, and 100 in parts, means I made after taxes nearly $500 an hour! I just did a little jig! But who's counting? :-)


Comments

Popular posts from this blog

The Psychology of Money: A Personal Insight

Recently, I had an experience that reshaped my understanding of the psychology of money. I took over a property management job where part of my payment came in physical cash, money previously directed to someone else for this task.  Most tenants paid digitally or by check, but one unit always paid in cash. Having that "management" fee/ maintenance fee tangible, in my hand, ignited a unique perspective. It wasn’t about the amount, but the form in which it arrived.  Sure, I could take a full-time job earning in excess of $10K a month. However, that wouldn’t necessarily change my life as it would only take more of my time, the one resource I can't regenerate.  Surprisingly, the extra $1K in cash monthly had a more significant impact, not because it was a windfall, but because it made me more mindful of my earnings. The physicality of cash and the process of earning it manually introduced a sense of value and respect for my work that was somewhat abstract before.  This p...

Elk Hunt - Shakespearean style

In Meeker's vale, where mountains touch the skies, An alfalfa field before us calmly lies. Two hundred fifty elk, a sight to glean, To move unseen a task, nigh unforeseen. Our guide named Hugh, and Father by my side, We hunker down, in quiet we abide. At last I spot him—five by five, the bull, Amidst his kin, the scene is nearly full. A hundred thirty-eight yards separates, My steady aim on destiny debates. For three long minutes, in my sight he stays, But cow elk guard him, blocking aim and gaze. I dare adjust—alert, they bark and flee, My chance arrives, as if by fate's decree. The cows disperse, the bull steps forth alone, My rifle speaks; its aim and end are known. Down falls the bull, as twilight fades from view, Amidst the field and mountains' varied hue. A tale to pass, from elder unto youth, Of patience, skill, and undying truth.

Declutter - What if

  Introduction The subject of decluttering has always been a hot topic in my family, but it was a recent conversation with my mom that really got me thinking. While there's never a bad time to declutter, I've discovered that timing can make a world of difference. The Psychological Underpinnings of Attachment Growing up, I was around family members who, while not hoarders per se, had a tendency to hang onto stuff—think tools gathering dust and too many sleeping bags "just in case." Over time, I noticed this emotional attachment to things didn't just clutter the house but also our minds. The Ideal Conditions for Letting Go After years of living amidst semi-clutter, I had an epiphany: the act of letting go can be incredibly freeing. It's funny how mental barriers often make it difficult to start the decluttering process. But once you overcome them, you're rewarded with a serene sense of calm. Life Events as Natural Catalysts While events like moving homes or ...