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How can a handyman prioritize tool purchases without overspending?

Direct answer: Keep your tool budget sane by buying tools when a job type repeats, not when a tool looks cool online.

Practical steps

  • Buy for repetition: Only buy a tool after the same job shows up repeatedly.
  • Rent for rare tasks: Rent specialty tools until frequency justifies ownership.
  • Track ROI: Estimate time saved per job and how many jobs it takes to pay off.

Next step: Start a 'tool wish list' with a column for how many times you needed it this month.

Category: Tools & Equipment

Take Action

  • Plan with the Startup Budget Builder