Are you planning on doing a project yourself because you think it will be cheaper? Think again. An article entitled “Your Money or Your Time” in the magazine Real Simple jumped out at me because it explores and explains this dilemma in a scientific fashion. The article explained why three factors hinder you from making a rational, clearheaded decision: Peer pressure, your own positive attitude, and the belief that you have more time than you do. Read the article here for the interesting details on why this is such a daunting decision. It also provides four easy questions that you can ask yourself to help make the time vs. money decision:
- Can I realistically pull this project off?
- What kind of time commitment is really involved?
- How much will this task cost to complete myself?
- How much will I enjoy the process?