I’m sure all of you subscribers are aware of the free iPad I’m giving away (as well as the many other prizes available), but wouldn’t you like to improve your odds of winning?!
Today is the last day of the contest so please take a last look at all of the ways you can earn more entry points! You can tweet the giveaway post (https://lifeandmyfinances.com/2011/08/win-a-free-ipad-2-giveaway/), “like” it, refer a subscriber (this gets you 5 entry points per subscriber you refer!), or you can link to the giveaway post from your site! Make sure to earn as many entries as possible so you can increase your odds of winning one of the amazing prizes!
I can’t wait to draw the names of the winners! 🙂
Save Money by Doing It Yourself!
Many of you know that my wife and I recently purchased a foreclosure. It needed quite a bit of work, but the price was right, and we loved the layout. So, for the last 2 months, we’ve been tearing out sinks, toilets, floors, and in certain areas – the walls and ceiling.
You may think my wife and I are super handy to do all of this work ourselves, but your assumption would be completely wrong! Let me explain to you how handy I am in a few bullet points:
- During one of our Cadets sessions (something like boy scouts, yes this was when I was a boy) we were working with hatchets. When we were told to test how sharp they were, I immediately took my thumb and ran it down the blade….. when I saw the blood running from my finger, I looked up and said, “Umm, mine’s sharp…” Apparently you’re supposed to run your finger across the blade, not down the length of it….
- My tool set is from Target… I received it on my wedding day. It cost about $40.
- I once changed the rotors and brakes on my car. I wanted to make sure they were on really tight, but when I tightened the bolt I actually sheered off the head, which left the rotor secured by only 2 bolts instead of 3. I figured it would be fine…. until the bolt stem of that 3rd bolt dislodged (when I was on the highway) and destroyed the rotors and brakes that I just replaced…
- My occupation and side-job require a computer, not tools or handy-man knowledge.
Needless to say, my track record is not good, but we can all learn right? All you have to do is find someone that’s handy and have them teach you a few things! My father-in-law has helped us tear down some walls, re-route some electrical lines, put up drywall, and install some doors.
After having help with a few projects, it’s helped me realize that no DIY job is really that difficult. So, I’ve started tackling some projects on my own!
DIY: Fixing a Leaky Faucet in the Shower
Our shower faucet has probably been leaking for years (long before we bought it) and it had clearly never been fixed. The slight drip has now turned into a pretty constant stream.
I called my friend for advice on how to fix it, and he basically told me to take it away to a professional because it was too difficult to repair on my own. Well, I may not be handy, but I am cheap. I knew that if I had a repairman over or if I took the part away, I was probably going to be out at least $50, if not in the hundreds.
So, I went downstairs, turned the water off and dove into the project myself. After a few minutes, I had a pretty good idea of what the problem was: the seals (basically rubber washers) behind the hot and cold knobs were cracking and would obviously deter a water-tight seal from being formed.
Off to Menards (our local hardware store) I went. I got some new seals, came home and installed them (it took about 5 minutes a piece). The water was turned back on and the leak was gone! I fixed it!
Rather than dishing out $50+, my new seals cost $4.39 after tax. Ahhh, what a good feeling!
This goes to show you that anyone can tackle their own repairs, and they can save quite a bit of money doing it! Don’t be afraid to dig in and get your hands dirty. If you break something, no big deal, because it was probably already broken! 🙂
Have you succeeded in some form of DIY? What was it?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.