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4 Tools Every Homeowner Needs to Have And Know How To Use

4 Tools Every Homeowner Needs to Have And Know How To Use

Being a new homeowner can be one of the most intimidating things many people will do in their life. Suddenly you are the proud, but nervous, owner of an asset that is worth hundreds of thousands of dollars. The property is likely a few decades old, and with that age, many issues have arisen.

Most people that purchase their first home don’t have a lot of experience fixing things, like garbage disposals, water heaters, sprinkler systems, clogged pipes, leaky pipes, and more. As a renter all of those issues simply required a phone call to a landlord or management company, and the problem was taken care of. As part of this, most new homeowners don’t have the basic tools that they will need to fix the never-ending supply of repairs that arise as a homeowner.

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Here are four tools that every homeowner will likely need to own, as they will be used frequently throughout the time the home is owned.

1. Stud finder

Many people do not even know what a stud finder is. Stud finders are used to find the studs behind the sheetrock in a home. Think of your home when it was first framed. A frame was created using a lot of 2×4 pieces of wood. These are the studs in a home. If you are putting up pictures, replacing toilet paper holders, installing mirrors, or doing anything else that involves screwing or nailing in walls, you will want a stud finder. When you nail into a wall you don’t want to just go into sheetrock, because sheetrock is weak and over time it will rip out. Use a stud finder to find the studs behind the sheetrock, and nail into those instead. Many places will have electric stud finders, but magnets are usually cheaper, and often work even better.

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2. Torque wrench

Unless you work out and have muscles as strong as machines, you will want a torque wrench. These are incredibly handy and usually cost less than $10 for a decent wrench. Torque wrenches are used to tighten bolts as tight as possible in an efficient manner. Your new home will likely have bolts in all kinds of crazy places that are hard to reach. Torque wrenches can get down into tiny spaces to tighten and loosen those bolts. As a homeowner you may find yourself using a torque wrench multiple times in your first year of owning a home. There are also quite a few kinds of torque wrenches with different bells and whistles. Here is a decent buyers guide for choosing the torque wrench that matches your needs as a new homeowner.

3. Ladder

This is typically a slightly more expensive purchase, but a ladder is typically almost essential for homeowners. Whether you are trying to get into your attic, put up Christmas lights, paint a ceiling, clean out your rain gutters, wash your windows, or do any other tasks that need to be done on the top half of your home, a ladder will be essential.

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Don’t be the homeowner that discovers too late that they need a ladder. You can start looking now on places like Craigslist or Facebook Marketplace and get a good used ladder for significantly cheaper prices. If you wait until you need the ladder to start looking, you will not be able to wait until a good deal comes up.

4. Extension cord

If you don’t have an extension cord, get one in your first week. You will find yourself starting a new project and just when you think you are ready to dive in you will realize that you do not have electricity in the area you are planning on doing the project. Nothing is more frustrating than having to stop a project in the middle and go purchase something simple like an extension cord. There is almost no chance you do not need an extension cord at some point, so why not get one to start? Make sure to buy an outdoor one. You can use it indoors, but it is always good to have the option.

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Spencer Mecham

Personal Finance Coach, Digital Marketer

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Last Updated on September 28, 2020

The Pros and Cons of Working from Home

The Pros and Cons of Working from Home

At the start of the year, if you had asked anyone if they could do their work from home, many would have said no. They would have cited the need for team meetings, a place to be able to sit down and get on with their work, the camaraderie of the office, and being able to meet customers and clients face to face.

Almost ten months later, most of us have learned that we can do our work from home and in many ways, we have discovered working from home is a lot better than doing our work in a busy, bustling office environment where we are inundated with distractions and noise.

One of the things the 2020 pandemic has reminded us is we humans are incredibly adaptable. It is one of the strengths of our kind. Yet we have been unknowingly practicing this for years. When we move house we go through enormous upheaval.

When we change jobs, we not only change our work environment but we also change the surrounding people. Humans are adaptable and this adaptability gives us strength.

So, what are the pros and cons of working from home? Below I will share some things I have discovered since I made the change to being predominantly a person who works from home.

Pro #1: A More Relaxed Start to the Day

This one I love. When I had to be at a place of work in the past, I would always set my alarm to give me just enough time to make coffee, take a shower, and change. Mornings always felt like a rush.

Now, I can wake up a little later, make coffee and instead of rushing to get out of the door at a specific time, I can spend ten minutes writing in my journal, reviewing my plan for the day, and start the day in a more relaxed frame of mind.

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When you start the day in a relaxed state, you begin more positively. You find you have more clarity and more focus and you are not wasting energy worrying about whether you will be late.

Pro #2: More Quiet, Focused Time = Increased Productivity

One of the biggest difficulties of working in an office is the noise and distractions. If a colleague or boss can see you sat at your desk, you are more approachable. It is easier for them to ask you questions or engage you in meaningless conversations.

Working from home allows you to shut the door and get on with an hour or two of quiet focused work. If you close down your Slack and Email, you avoid the risk of being disturbed and it is amazing how much work you can get done.

An experiment conducted in 2012 found that working from home increased a person’s productivity by 13%, and more recent studies also find significant increases in productivity.[1]

When our productivity increases, the amount of time we need to perform our work decreases, and this means we can spend more time on activities that can bring us closer to our family and friends as well as improve our mental health.

Pro #3: More Control Over Your Day

Without bosses and colleagues watching over us all day, we have a lot more control over what we do. While some work will inevitably be more urgent than others, we still get a lot more choice about what we work on.

We also get more control over where we work. I remember when working in an office, we were given a fixed workstation. Some of these workstations were pleasant with a lot of natural sunlight, but other areas were less pleasant. It was often the luck of the draw whether we find ourselves in a good place to work or not.

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By working from home we can choose what work to work on and whether we want to face a window or not. We can get up and move to another place, and we can move from room to room. And if you have a garden, on nice days you could spend a few hours working outside.

Pro #4: You Get to Choose Your Office Environment

While many companies will provide you with a laptop or other equipment to do your work, others will give you an allowance to purchase your equipment. But with furniture such as your chair and desk, you have a lot of freedom.

I have seen a lot of amazing home working spaces with wonderful sets up—better chairs, laptop stands that make working from a laptop much more ergonomic and therefore, better for your neck.

You can also choose your wall art and the little nick-nacks on your desk or table. With all this freedom, you can create a very personal and excellent working environment that is a pleasure to work in. When you are happy doing your work, you will inevitably do better work.

Con #1: We Move a Lot Less

When we commute to a place of work, there is movement involved. Many people commute using public transport, which means walking to the bus stop or train station. Then, there is the movement at lunchtime when we go out to buy our lunch. Working in a place of work requires us to move more.

Unfortunately, working from home naturally causes us to move less and this means we are not burning as many calories as we need to.

Moving is essential to our health and if you are working from home you need to become much more aware of your movement. To ensure you are moving enough, make sure you take your lunch breaks. Get up from your desk and move. Go outside, if you can, and take a walk. And, of course, refrain from regular trips to the refrigerator.

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Con #2: Less Human Interaction

One of the nicest things about bringing a group of people together to work is the camaraderie and relationships that are built over time. Working from home takes us away from that human interaction and for many, this can cause a feeling of loss.

Humans are a social species—we need to be with other people. Without that connection, we start to feel lonely and that can lead to mental health issues.

Zoom and Microsoft Teams meeting cannot replace that interaction. Often, the interactions we get at our workplaces are spontaneous. But with video calls, there is nothing spontaneous—most of these calls are prearranged and that’s not spontaneous.

This lack of spontaneous interaction can also reduce a team’s ability to develop creative solutions—there’s just something about a group of incredibly creative people coming together in a room to thrash out ideas together that lends itself to creativity.

While video calls can be useful, they don’t match the connection between a group of people working on a solution together.

Con #3: The Cost of Buying Home Office Equipment

Not all companies are going to provide you with a nice allowance to buy expensive home office equipment. 100% remote companies such as Doist (the creators of Todoist and Twist) provide a $2,000 allowance to all their staff every two years to buy office equipment. Others are not so generous.

This can prove to be expensive for many people to create their ideal work-from-home workspace. Many people must make do with what they already have, and that could mean unsuitable chairs that damage backs and necks.

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For a future that will likely involve more flexible working arrangements, companies will need to support their staff in ways that will add additional costs to an already reduced bottom line.

Con #4: Unique Distractions

Not all people have the benefit of being able to afford childcare for young children, and this means they need to balance working and taking care of their kids.

For many parents, being able to go to a workplace gives them time away from the noise and demands of a young family, so they could get on with their work. Working from home removes this and can make doing video calls almost impossible.

To overcome this, where possible, you need to set some boundaries. I know this is not always possible, but it is something you need to try. You should do whatever you can to make sure you have some boundaries between your work life and home life.

Final Thoughts

Working from home can be hugely beneficial for many people, but it can also bring serious challenges to others.

We are moving towards a new way of working. Therefore, companies need to look at both the pros and cons of working from home and be prepared to support their staff in making this transition. It will not be impossible, but a lot of thought will need to go into it.

More About Working From Home

Featured photo credit: Standsome Worklifestyle via unsplash.com

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