DIY – Things to Consider Before Starting on a Home Improvement Project

Monday, October 08 at 12:00 AM
Category: Personal Finance

Your home and yard are two of your biggest investments, so it’s no wonder that keeping them in tip-top shape is important to you.  Lately, many people have been turning to DIY projects (thanks Pinterest) to keep their home and yard looking fresh and like-new.  And, fall is a great time for these projects as the weather cools.  Whether you’re simply re-doing a piece of furniture or giving your kitchen a whole new face lift, it’s important to think through everything that is involved before jumping in head first.

Consideration #1:  Your Wallet

One of the biggest benefits of a DIY project is the potential to save big bucks compared to outsourcing the job to a professional.  Note that the key word in the previous sentence is potential.  It’s very easy to over-spend or waste money if you don’t think through you project thoroughly.  Consider what tools you’ll need, how much paint you’ll need, what type of hardware you’ll want, etc. before you purchase a bunch of un-needed items. 

Consideration #2:  Your Time

“Patience is a virtue” – keep this in mind as you work on a project.  Don’t expect to be able to get everything done in one day.  Plan to spend a few days on the project.  With that said, don’t spend one day on it and then never finish it.  Stay dedicated and patient to getting it done right.

Consideration #3:  Your Safety

What do hammers, staple guns and saws all have in common?  They all scream “ER” if you aren’t careful.  Be sure you know how to properly operate any tools and machinery involved with the project.  Also be sure to read the warning labels with each.  If it reads to wear goggles or gloves while operating, wear them.  A costly trip to the ER isn’t worth it.

Consideration #4: Your Skills

Before jumping into a large DIY project like remodeling your bathroom or building a porch, try a small DIY project first.  Make sure you have the knack for doing things like this before making a large investment on a big DIY project that turns out to be a disaster. 

The four tips above are simply considerations to take with you when preparing for a project.  If you feel comfortable about each, then DIY is the way to go!  Projects like these can make for a great hobby if it’s something you enjoy doing and can also save you lots of money if done well. 

Do you have any DIY tips you'd like to share with readers?  Comment on the blog - we'd love to hear from you.

Tags: Financial Education
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