Based on true events. Details have been changed or combined to protect privacy.
In order to keep up with his family’s needs, Keith’s house required an expensive renovation. However, it wasn’t just one project to be completed, but several upgrades involving multiple contractors. It wasn’t long before Keith’s dream renovation felt like a nightmare, even with the guidance of a talented general contractor.
Along with everything else he had planned, Keith knew it was well past time to replace his roof. His home insurance audit had flagged his roof’s old age and there was no more ignoring the inevitable. With an overwhelmed sigh, he added one more project to the already miles-long list of todos. Problem was, the fees for the general contractor was already through the roof. What could Keith do to keep costs down and his timeline on track?
During his weekly check-in call, Keith asked his daily money manager for her insights. His trusted DMM patiently listened, reviewed the projected cash outflows, and shared key suggestions to save money and still receive quality work. The answer was as easy as contacting the roofers directly! Not only that, but he determined to redo his roof before the rest of his renovations took place. This ensured his house overhaul would not happen under an older roof, and he’d be one step closer to completing the home of his dreams.
The benefit? With a clear path, Keith took decisive action and got himself ahead of the game by starting his renovation early, which saved himself upwards of $2000 on the project, a sum that makes his bank account, his wallet—and his wife—very happy.
Keith not only kept his money in his pocket, but he got his new roof after all, and made his “better half” quite pleased. He won the day three times over!
As DMMs, we don’t always wear capes, but we live every day to be financial heroes as we look for ways to advocate for our clients and their assets. Making informed choices is the better route than assuming a home renovation will cost an arm and a leg, and it empowers our clients to make their own decisions. Keith was relieved that he chose to take initiative himself and not wait needlessly for the day when his renovation began. Sometimes all you need is another set of eyes, a little determination, and a good monetary incentive.
At Organized Instincts, our daily money managers help you understand your options to save money for a roof redo. Schedule a call today and discuss how we can find dynamic ways to keep your money in your wallet.
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