Before I retired and when faced with a house repair that I could do, or not, I would try to quantify it - I figured my time was worth about $60/hour, so if a repair person charged more than that, I would do it myself. The 60 number reflected that I felt like my free time was important to me since I had little of it.
Now I am retired and I do the same thing (sort of) but the value of my time is closer to $25-30. I have other limits though, like I won't do any job that has the potential to throw my back out (I have a back that easily gets lumbar strains). I end up repairing all of our appliances, plumbing, electrical, carpentry since all of that is way more than $30 an hour.
It's not exactly how I want to spend my time, but it does save money. I am curious what others do. Who does the repairs?
Now I am retired and I do the same thing (sort of) but the value of my time is closer to $25-30. I have other limits though, like I won't do any job that has the potential to throw my back out (I have a back that easily gets lumbar strains). I end up repairing all of our appliances, plumbing, electrical, carpentry since all of that is way more than $30 an hour.
It's not exactly how I want to spend my time, but it does save money. I am curious what others do. Who does the repairs?