If you have been hanging around my site for more than two years, then you probably remember this debate. In March of 2012, I had to make the decision to either hire a lawn care service to mow my yard or do it myself. I had recently purchased my first house and had absolutely no space for a lawn mower. So, not only would I spend my valuable time mowing the lawn each month (which is a cost no doubt), but I would have also had to buy a lawn mower and a shed! The total cost was far more than I was willing to pay, so I decided to go with the lawn service for $17.50 per mow.
Since I now have the goal of paying off my house this year, I am starting to think about these expenses differently. Sure, my time is valuable, but how long does it really take to mow the lawn? 30 minutes? And, if I was able to buy a lawn mower that was small enough, I’m sure I could find some space for it in the garage.
As I continued to think about the cost of this lawn service (which equates to about $275 a year by the way), I began to realize that I can get the lawn mowed for even cheaper than what I previously expected. I just found an old school style reel mower that needs absolutely no gas and costs only $30 online (through Craigslist of course). Assuming this lawn mower holds up, my yearly mowing expense would be reduced by $245 and I get some free exercise! 🙂
You Have to Change Your Thinking
When I wrote that original post, I was averse to spending large amounts of money (in one shot) and really didn’t want to mow my own yard. After all, I had other things that I wanted to do! Since my brain really didn’t want to mow the lawn, I came up with a few solid reasons why I shouldn’t. It was as simple as that.
Now that I am more debt averse and am conscientious about my spending, I have come up with a great solution that will force me to get a little more exercise (which is never a bad thing) and cut my lawn for practically nothing!
Whenever you are making an important decision about your budget, be certain to check your way of thinking. Are you truly making a financially wise decision? Or are you just finding ways to justify your spending so you don’t feel bad about it?
How to Get Paid and Promoted Faster: Is Your Nose Brown Enough to Get Ahead? – by Financial Samurai
Tips to Avoid Going Into Credit Card Debt – by My Family Finances
How Would You Invest $20,000? – by Funancials
Reason to Have an Emergency Fund: Medical Emergencies – by Making Sense of Cents
Our $150 Baby – by Budget For Health
Stop Looking in the Rearview Mirror! – by Krantcents
A Beginner’s Guide to Real Estate Investing – by The College Investor
Money In Your 20’s: Take Big Risks or Focus on Saving? – by Squirrelers
How to Discover Why You Ended Up With a Terrible Mess of Debt – by Money Manifesto
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.