The Red Saw - Renovation and Construction Service Exchange

• Select Another Location
  • Canada
    • Calgary, AB
    • Charlottetown, PE
    • Edmonton, AB
    • Fredericton, NB
    • Halifax, NS
    • Kelowna, BC
    • Moncton, NB
    • Montreal, QC
    • Ottawa, ON
    • Quebec City, QC
    • Regina, SK
    • St. John's, NL
    • Toronto, ON
    • Vancouver, BC
    • Victoria, BC
    • Winnipeg, MB
  • USA
    • Boston, MA
    • Chicago, IL
    • Dallas, TX
    • Denver, CO
    • Indianapolis, IN
    • Las Vegas, NV
    • Los Angeles, CA
    • Miami, FL
    • New York City, NY
    • Oklahoma City, OK
    • Philadelphia, PA
    • Phoenix, AZ
    • Portland, OR
    • San Diego, CA
    • San Francisco, CA
    • Seattle, WA

Charlottetown, PE

Example No.1 Example No.2 Example No.3

Example No.1

Name: Scott
Occupation: Electrician
Annual Income: $ 65,000

Scott, after regular working hours of his day job, has taken on the task of completing the unfinished basement at his home. Although he is trying to do most of the work himself to maintain his modest budget he understands that a reasonable amount of plumbing work needs to be done, and upon receiving some cost estimates in the $ 6,000 range has determined that the plumbing work does not fit into his budget.  

The following are Scott’s options:

A.) Borrow from his high interest credit card, or take out a bank loan to get the work completed quickly by a professional plumber.

The downfall of these options is that Scott will now go further into debt and will be paying a high amount of interest on the money borrowed; he will also be tying himself up financially.

B.) Leave the plumbing work until he can afford to have it done. 

The downfall of this option is that he may be waiting a while and until the plumbing work is completed certain parts of his basement cannot be completed either as a result.

C.) Post an ad with The RedSaw to offer up his skills as an Electrician, in exchange for the services of a plumber.  

The benefits of this option are as follows:

• It’s free to post an ad.
• Scott will be increasing his annual income by approximately $6,000.
  (Annual income $ 65,000 + $ 6,000 = Revised annual income  $ 71,000)
• Scott will not be going further into debt by borrowing the $ 6,000 from his bank or his credit card company.
• Scott will not be paying any high interest charges as no funds have been borrowed.
• The plumbing work still gets completed within a reasonable amount of time. (Obviously, the more people who participate the better the chance your match will be found quickly.)
• Scott will not still be paying for his plumbing project several months later when he decides to tackle his next home project.

View Example No.2

Sponsored Ads