Comments on: A Penny Saved is Actually $0.17 Cents http://iconnectdots.com/2010/02/a-penny-saved-is-actually-0-17-cents.html Guidance, Insight and Ideas in a Time of Accelerating Change Tue, 22 May 2012 11:58:32 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Steve Borsch http://iconnectdots.com/2010/02/a-penny-saved-is-actually-0-17-cents.html/comment-page-1#comment-11814 Steve Borsch Mon, 07 Jun 2010 19:53:23 +0000 http://iconnectdots.com/?p=2772#comment-11814 Great point Walter. Over Memorial Day weekend I painted the front of my house (gets slammed by 11 hours of sun but the rest of the house was fine) and I had a neighbor give me a bad time that, "A guy like you, Steve, should just write a check to have that done!" He said it half-jokingly, but I had the time, got GREAT exercise, the job was done exactly the way I wanted it done (and better, IMHO, than spraying the house) and I got great satisfaction to boot. Don't have your skills with a hammer though if you built your own house. ;-) Nice blog, by the way, and good luck on your transition. I moved mine off of Typepad to Wordpress and *still* have things to fix after more than a year! (Typepads fault and not WPs) Great point Walter. Over Memorial Day weekend I painted the front of my house (gets slammed by 11 hours of sun but the rest of the house was fine) and I had a neighbor give me a bad time that, “A guy like you, Steve, should just write a check to have that done!” He said it half-jokingly, but I had the time, got GREAT exercise, the job was done exactly the way I wanted it done (and better, IMHO, than spraying the house) and I got great satisfaction to boot.

Don’t have your skills with a hammer though if you built your own house. ;-)

Nice blog, by the way, and good luck on your transition. I moved mine off of Typepad to WordPress and *still* have things to fix after more than a year! (Typepads fault and not WPs)

]]> By: Walter Jeffries http://iconnectdots.com/2010/02/a-penny-saved-is-actually-0-17-cents.html/comment-page-1#comment-11813 Walter Jeffries Mon, 07 Jun 2010 19:24:20 +0000 http://iconnectdots.com/?p=2772#comment-11813 Then from another view I always say that a penny saved is 1.36¢ earned. That is to say, if instead of having to earn more money to pay things you save by doing them yourself you save the income tax on the earnings, FICA, FUTA, sales tax and all those little things that chip away at our earning power. I would rather grow my own food than buy it because I can grow it cheaper and better plus I get the exercise. Same goes for building my own home ($7K total in materials) or anything else I can manage to do myself and save rather than have to earn income to spend. Then from another view I always say that a penny saved is 1.36¢ earned. That is to say, if instead of having to earn more money to pay things you save by doing them yourself you save the income tax on the earnings, FICA, FUTA, sales tax and all those little things that chip away at our earning power. I would rather grow my own food than buy it because I can grow it cheaper and better plus I get the exercise. Same goes for building my own home ($7K total in materials) or anything else I can manage to do myself and save rather than have to earn income to spend.

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