How to Decide if You Should DIY

by Miranda Marquit · 0 comments

One of the best ways to save money is to do something yourself. You can spend a lot of money paying others to do something that you might be able to handle on your own. However, there are some things that you shouldn’t do on your own. In some cases, it’s better to pay someone else, depending on your situation and your expectations.

Here’s how to decide if you should DIY:

Do You Like the Result When You DIY?

Yes, there are a lot of things you can do yourself at home, like dying your hair. Every time I’ve tried to dye my hair at home, it’s ended badly, no matter how much I prepare or how expensive the dye is. Because I am always dissatisfied with the result, I go to a salon. It costs more money, but I am happier with the way things turn out.

This can be the case for a number of DIY projects, whether you are making gifts for others or making cosmetic changes to your home. Consider the results, and if your time would be better spent do something that gives you more satisfaction. In some cases, practice can make perfect and eventually give you the DIY results you want. But if you keep trying and it doesn’t work out, it might not be the right approach for you.

Do You Really Have the Time to DIY?

How much is your time worth? Yes, I can save some money by changing my own oil. However, the money I save isn’t worth the time I’d spend to do it. I can make enough money just sitting on my laptop at the oil change place to cover the cost of the oil change and then some. If I did it myself, I’d spend all that time and actually be behind in terms of finances. If it’s something you enjoy, it can be worth it to spend the time.

However, if you don’t like doing it, and you can afford to pay someone else to take care of it, isn’t your life richer if you spend time doing things that matter to you? Factor that in before you spend your time (which you can’t get back) on DIY projects.

Do You REALLY Have the Skills for DIY?

Finally, be realistic about your skills and abilities. There are some projects that are best undertaken by a trained specialist. Plumbing, electrical, and some car repair items are prime examples of highly skilled labor. I can change a plug, but I’m not going to rewire a large portion of my home. Likewise, there’s a difference between swapping out a toilet and doing something major with your pipes. If you mess up on a major project, you could wind up paying even more later when it deals damage to your house. If you don’t have the skills for something, hire someone who does. You’ll be in much better financial shape in the long run.

DIY can be a good way to save money and feel satisfied by what you do. However, you need to be realistic about the situation and make sure your project really calls for it.

Bonus Tip:

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