5 Money Saving Myths Busted - Episode 3 (Season 3)

There are 5 top money saving ideas Amelia hears homeowners use to explain how they’ll save big money in their reno or new build. In this episode, Amelia share why these can be in fact MYTHS. Huge mistakes that can actually cost you far more in the long run. So what are these money saving ideas? They are … Money Saving Idea #1:“I can get cheap tiles … or paint … or timber … via a friend / family member etc, so I’m going to save loads of money” Money Saving Idea #2:“My friend / family member is a builder / electrician / plumber and will be doing the job for us at cost, or for free”. Money Saving Idea #3:“I’ll save money because I’m going to buy all my fixtures and finishes separate to the builder's contract. I’ll be able to find bargains, and avoid the builder’s margin on these items.” Money Saving Idea #4:“I’m going to project manage my renovation or new build.” Money Saving Idea #5:“I’m going to do my project as an Owner-Builder.” For each of these 5 Money Saving Ideas, Amelia shares what can and does go terribly wrong. She also shares her main tips for each one, to help you avoid the pitfalls. And, she also shares with you what one big key is to saving money on your project. If you’ve been thinking of any of these 5 Money Saving Ideas as the reason you’ll save money on your renovation or new home … or it being the reason you can actually afford your project, then listen to this episode now. Learn why these 5 Money Saving Ideas can actually be myths and cost you far more in time, money and stress. This season, Undercover Architect has a podcast partner: Kiiko LED. Kiiko LED is customisable, DIY, LED strip lighting, that you can order online to your specifications, for your needs and project. Kiiko LED is founded by Craig Thomas, who Amelia has personally had the pleasure of working with for over 12 years now, in her own projects, and in client projects. And so Amelia has been able to organise with Kiiko a fantastic UA Community only offer. If you head to their website at www.kiiko.com.au/undercoverarchitect you’ll be able to access a $25 discount to use on your first order. Check it out, and start building your Kiiko LED strip lighting now! FOR RESOURCES MENTIONED IN THIS PODCAST CLICK HERESee omnystudio.com/listener for privacy information.