I’m a cheapskate. I don’t want to spend money when I don’t have to. If I can save money by temporarily fixing something with Elmer’s glue and a twisty-tie then I’m all for it!
One of my biggest problems when it comes to spending money is housing costs. Visions of expensive home remodel projects from the past keep going through my mind. Specifically, a kitchen remodel that was going to cost more than I was willing to spend. My wife wanted new cabinets and granite countertops. I didn’t want to blow up our budget, emergency fund, or savings goals to pay for it (and debt is not an option). So we had to come to a compromise on how much would we spend and how long to save up before starting the project. The project was finished and we couldn’t be happier with the results.
For the past 8 years we have been battling a leak in our stand-up shower. We had spent over $500 to have it re-caulked, put in new splash guards and none of it fixed the problem. How much more would we have to spend to manage or fix the problem?
The constant reminder that we needed to get this stupid leak fixed was wearing on me, and the dollar amount I was willing to spend to fix it kept going up with each passing event (remember, I am the cheapskate). My wife was fed up with my hesitation to spend money and called for some estimates. The first handyman who walked into the bathroom suggested we get a company to bid on a new two-sided glass enclosure. I was certain this was going to cost us our daughter’s college savings.
To make this long story shorter, the bids we got for a new enclosure and complete re-grout of the tiles came to $1,000. That was it? $1,000 for a new shower and this annoying leak that kept defeating me would go away? Cool!
I know I’m a horrible cheapskate. It’s hard for me to part with money when we haven’t reached some of our savings goals yet. But this situation reminded me once again that THE UNKNOWN SCARES US INTO INACTIVITY and KNOWLEDGE IS EMPOWERING. Once we had the information and knew this project wasn’t going to delay our savings goals helped make the decision easier.
The leak is forever gone. I thank my wife for pushing me to spend money. Without her I would be living in a house that had windows but no screens, washing dishes by hand, and opening the garage door by hand. My life truly is RICHER because of her (and I love the double sliding glass doors too).