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Joined 1 year ago
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Cake day: July 9th, 2023

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  • My place isn’t paid off but it is cheap enough that I can say what would change and, importantly, what wouldn’t.

    My monthly payment is just under $700 a month. About $400 of that is the actual mortgage. The rest is basically property taxes and insurance. I’d save $400 a month but would still have to pay $300. Assuming I didn’t decide to just earn $400 less a month then that $400 would have to go back into the property. I need a new roof. I need a new HVAC (AC died three years ago). A new roof and AC would cost almost a quarter of my original mortgage. So in the end not much would change financially.

    An important thing to remember about home ownership is that on average you are going to spend about 1% to 3% or a dollar a square foot on home maintenance each year. I had to replace my septic system months after buying the place, 7.6% of the home price. I had to replace my water heater a few years ago. Fortunately it’s located outside the building so no water damage and I was able to do that replacement myself so instead of spending $1800 for someone else to do it I did it for $450.

    Once I have even a little spare money I need to do some roof repairs, not pay someone else to do it.









  • I have power tools. I had like 7 batteries for them. I saw that they offered a USB adapter so I could charge my cell phones. $20. I quickly stopped using wall warts and standard battery packs. 5 amp hours, hot swappable, always a battery in the charger so I could never run out of power. Power tool batteries are built to higher specs than typical cell phone chargers so they didn’t die after 10 chargers. The batteries are rugged so a drop doesn’t destroy them.

    My tools were stolen. I replaced all my Makita with Harbor Freight Hercules brand, their premium brand. Half the cost of Makita and actually better designed in a lot of areas. I quickly bought the USB adapter because I could never live without it again.

    If you have power tools and always use them, I’m a handyman, then a USB adapter is a must.