Thursday, June 21, 2012

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DailyWorth is a community of women who talk money. We deliver practical tips, empowering ideas, and the occasional kick in the pants...daily to your inbox.
 
From today's email:
 
 Three DIY Savings Projects—Tested!
Something about summer makes people want to get all DIY and project-y. But is saving $0.03 a day really worth seven hours of hard labor? We put three common DIY money-saving tips to the test, to find out if it’s really worth it to...
Grow your own herbs?Pros: Tasty fresh herbs liven up everything you cook, and pre-potted plants are cheap.
Cons: They’re also easy to kill.
Potential savings: $120 per year—if your plants thrive 
Verdict: Meh. But if you can keep a plant alive and you love to cook, you can’t beat the convenience and the flavor.
Stop buying bottled water?
Pros: Less plastic means fewer chemicals and a smaller stake in the Great Pacific Garbage Patch. Start-up costs are low.
Cons: Schlepping a reusable container is annoying and heavy, especially if you’re a thirsty type.
Potential savings: $545-$1,900 per year, depending on where you usually buy your water
Verdict: Worth it! Get a reusable water bottle and contribute $500 to your 401k, stat.
Make your own dish detergent?
Pros: Less toxic than the supermarket stuff.
Cons: Recipes require trial and error, ingredients aren’t actually all that cheap (hello, castile whatever), and you’ll lose some suds and grease-cutting power.
Potential savings: About $0.01 per ounce, using one popular recipe
Verdict: The Earth comes out ahead here, not your wallet—which may be worth it to you.

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