money management tips for college students

When buying a home, you pay a significant amount of money upfront, but that is only the beginning of the expenses that come with owning a home.

You will also have to make a whole slew of payments for ongoing expenses, such as homeowners insurance, property tax, utility bills and of course, all the repairs and maintenance of your home. 

You might be surprised to know that every year, all the expenses you pay for your home will go up to around 1 percent of the cost you paid to actually get the house, based on the statistics by mortgage lender Wells Fargo.

Not counting all the taxes and bills, routine maintenance of your home can end up costing a fair bit of money.

Now for everything from getting the work on your basement done to remodeling your bathroom, the costs can go up to $15,000 or more.

Most of the home improvement projects that you need to get done cost a lot because of labor expenses. Quality labor doesn’t seem to be the cheapest thing to come by.

That’s the reason why so many homeowners who are handy with a few tools go for do-it-yourself (DIY) projects. They think that DIY is a good way to save money on home improvement projects.

There are a lot of projects that you can indeed DIY if you have the right tools and knowledge. But just because you can, it doesn’t necessarily mean you should.

There are plenty of jobs that are complicated and require expert experience to perform properly. Things like electrical work, setting tiles and plumbing are just some of the projects that should be left to skilled professionals.

Advantages of Hiring Professionals for the Job


Here’s a look at why hiring experienced professionals is better for home improvement projects than going with the DIY approach.

A Professional Has Resources for Everything

One of the biggest reasons why it is better to hire a professional rather than doing a project by yourself is that the professional has a massive amount of resources. They can cater to a wide range of needs regarding home improvement.

Other than all the aspects of your home improvement project they can take on themselves, they know the right people for projects they are not expertly skilled in.

Professionals know who to bring in to get the job done right. Of course, you might not need to let them do that when you have a resource to find the right professionals yourself.

Hiring a Professional Saves You Time

Consider that you’re taking on a home improvement project yourself to fix up your roof tiles.

While you might be able to get all the right tools and have an idea of how to do it, the whole process is going to take you a whole lot of time. First off, you will need to purchase all the right tiles and the materials you need to get the job done.

Even when you have everything you need, a first-timer will need to go through a lengthy process of trial and error to get it done right.

All the mistakes you make while doing the project will teach you how to do a better job the next time you DIY your roof. But, you will need to put in a lot of time and effort going back and forth.

Experienced professional, such as the ones you will find on already have the tools, know where to purchase the right tiles and the skills to get it done quickly.

It Saves You a Lot of Money

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While you might be under the impression that saving on labor costs will reduce the amount of money spent on the home improvement project, you might want to reconsider this.

You see, by not spending money on labor will definitely eliminate the labor costs but it will spring up more expenses in its place.

With less experience, you can expect to make mistakes on any kind of project. This means you will waste a lot of the material you have purchased for the home improvement project.

It is not just going to waste a lot of your time, but also a lot of your money.

Without experience, you might not know how much material you will need to get the job done. This can end up with you buying too much or too little of the material you need.

If you purchase too much, you will be spending more money than you need to. If you purchase too little, you will spend a lot of time going back and forth to the market to get the right quantity.

For the more complicated projects, getting them done incorrectly can lead to more problems than you imagined. You might end up paying a lot to a professional to first address the mistakes you’ve made and then to do the actual job itself.

Hire Professionals and Do It easily

Understanding that hiring professionals for home improvement projects is one thing and finding them is another.

A lot of homeowners don’t bother hiring professionals for their home improvement projects because they don’t know how to find the right experts for the right job that will come at a reasonable cost.

Luckily for you, Billy has you covered. You get to hire the right professionals for your home improvement projects easily and quickly.

All you have to do is go to the website, search for the services you’re looking for and Billy will connect you to all the right professionals. The service is absolutely free so you won’t have to worry about spending extra money in finding the right professionals.

Stock Photo from Floral Deco @ Shutterstock

Want to save money on home improvement? Here’s a look at why hiring experienced professionals is better for home improvement projects than going with the DIY approach: #homeimprovement #moneysavingtips #homeimprovementonabudget #homerenovation #savemoneytips