Oct
24

Who Do You Know?

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It’s the middle of October, and a cold snap is due to hit next week.  I’m going to have to turn the furnace on, and it needs to be serviced.  I read the other day that 1/100 of an inch of dust on the motor can reduce the efficiency quite a bit.  I have no doubt there’s enough dust on the motor that a cleaning is needed!  The furnace is getting up there in age, too, and it really needs to be checked for carbon monoxide.

The price of a regular seasonal furnace check from any of the licensed companies in the city is approx. $150.  I was able to find a few coupons, which would bring the cost down to about $100.  If I want to bundle services and buy a package deal for both summer and winter check-ups, the cost is around $200.

I’m going to spend $50 to service the furnace – because I know Jerry..

Side Work Is Lucrative

In April, my husband lost his job. I had an appointment scheduled the very next week for an AC check-up, and I’d scheduled the package deal for $200.  When I made the appointment weeks before, the package deal made sense – buy summer and winter and get a discount!  Of course, I took the package deal!  Because of the job loss, however, I was reluctant to spend that kind of money – even with an emergency fund available.

The next day, during a trip to the mailbox, I ran into my next-door neighbor.  I asked him if he knew anyone that did home AC servicing, and did they do side work?  Bingo!  He did know someone – a young man who worked for a heating and cooling company in the city, and had serviced my neighbor’s appliances for the last couple of years.

I made a call to Jerry, who came out that weekend.  While chatting with Jerry, I found out he was in his early 20’s, had a 3 year old daughter, and had been doing appliance service work in the 3 years since he’d graduated from Vo-Tech school.  He worked for a family-owned small business that had been in the business for 30 years.  Jerry played hockey on the weekends, and serviced all the rental homes of a couple of real estate agents in town – and one of those I happened to know.  When Jerry was finished servicing the unit, he gave me a written report about the unit and its performance – and a bill for $50.

In July, on the hottest day of the year, the house woke up to a broken AC unit.  I called Jerry that morning, and at 8 PM, after he had finished his work schedule for the day, he came by and fixed the unit.  A capacitor had burnt out and needed replaced.  Total cost:  $75.  This fix normally would have been a $150 repair.

If you know the right people, or know the people who know the right people, you can save money on just about anything.  Auto mechanic, auto body repairman,  heating and cooling, hair dresser, roofer, concrete finisher, brick layer, teacher, carpenter – these are the occupations of people that I personally know that work a regular 8-5 job, but will also do side work.

Ask around, you never know who your friends know!  Not only can you save money, but the person doing the side work also profits.  Depending on the job, a lot of money can be made by doing side work.

Side Work to Self-employment

If you have dreams of owning your own business, or simply going out on your own and away from any employer, you can use side work to build up a clientele.  Once you’re got enough money coming in that you can replace your employee income, jump out into your dream.  (Beware of any contracts you signed for your current employer:  non-compete, exclusivity, etc)

 

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Comments

  1. Thanks for the reminder and you also got me wondering about how I can reduce the cost. I think I might have found a way by bundling services with my neighbors. Perhaps we can get a group discount.

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