So last week in Episode 092 of the Living in Financial Excellence podcast, I shared the story of my DIY project gone bad. The lesson learned is that when you factor in opportunity cost, it’s often less expensive to pay a professional to do the work for you.
While I was working in the garage on a cold January day this week (finishing up the project) I decided to grab the video camera and document a little of what I talked about on the podcast. Check out the video:
If you’re wondering why I spent an extra $100 or so on tools, here’s another behind the scenes look at the project, where I share all the extra stuff I “had” to buy. Ok, some of them were necessary for the job, and some just made it go a little faster. Either way, it was $100 more than I had planned to buy when I started the job.
As a bonus, I recorded a short video to show the extra tools and stuff I ended up buying for this project after I started, to the tune of roughly $100. It doubles as an auto repair video, in case you know nothing about working on cars.
Readers, have you had a DIY project cost you extra money? I’d love to hear about it!