February 1st, 2011, 10:31 PM
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Platinum Supermommy
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Join Date: Mar 2005
Posts: 8,065
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The money! My step dad was supposed to do a LOT of the labor (plumbing, drywall, electrical, trim, excavating, lot clearing, etc.....) And I had nearly 4k in my savings I was going to invest as well. Well.....I totaled my car so that 4k went on my new one, then his heart acted up and his chainsaw messed up so I had to pay out over 3k to get the lot cleared (7k gone now) Then he got sick and couldn't do the plumbing (2-3k now, 10k down total) and then the wiring (5k over so now we're at 15k over budget) Then his back so now no drywall (5-6k over, 21k over budget now) Add to that the fact I thought the insulation and trim were all included in the materials only to find out they weren't (5200 over, now 26k over budget) I was screwed. I had over-budgeted on everything just like I was told to do....but noone really budgets for 25% over.....they tell you to budget for 8-10% over. So....I am lacking about 12k to finish it with out cutting out anything like premium trim, big front porch, small side deck and back deck. I could cut out the two decks and save about 4 or 5k, and cut out the trim and do something cheaper and save 1500 and only need about 5-6k to finish it, not bad when his illnesses caused a 26k budget problem! I do have 2k back in savings now so I'll be using all that, then just rebuilding it again.
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Thanks to Maitri for my wonderful siggy!
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