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Optimal Finance Daily - Financial Independence and Money Advice

1964: How to Find a Contractor: It’s Not Just About Price by J.D. Roth of Get Rich Slowly

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 18 July 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

J.D. Roth with Get Rich Slowly talks about how to find a contractor Episode 1964: How to Find a Contractor: It’s Not Just About Price by J.D. Roth of Get Rich Slowly J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: https://www.getrichslowly.org/how-to-find-a-contractor-its-not-just-about-price/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:10.8

The new Samsung Galaxy Z Flip 5 and Chromebook, available on Vodafone.

0:15.5

This is Optimal Finance Daily Episode 1964. How to find a contractor? It's not just about price.

0:24.0

By JD Roth of getrichslowly.org. And I'm your host and personal finance enthusiast, Diana Mariam.

0:32.4

This podcast is actually one of multiple shows in our network, covering different topics like

0:38.0

personal development, health, and relationships. So if you like narration style podcasts,

0:44.4

be sure to search for Optimal Living Daily wherever you're hearing this and check out our other

0:49.7

shows. But for now, let's get right to today's post as we optimize your life.

1:00.0

How to find a contractor? It's not just about price. By JD Roth of getrichslowly.org.

1:08.4

On Monday, I mentioned that it pays to shop around for the lowest price. This skill is especially

1:15.2

important when making large money decisions. You should always shop around when purchasing a car,

1:21.3

obtaining a mortgage, or hiring a contractor. We've discussed getting the best deal on a car before.

1:28.4

We've touched on mortgages and are sure to discuss them more in the future.

1:33.4

Today, I want to share my approach to finding a contractor.

1:37.6

The new roof. We bought our first house in the spring of 1993. The roof was in bad shape and

1:44.9

needed to be replaced before we could close the deal. Fortunately, we had a good working

1:50.1

relationship with the seller. He offered to grant us a $2,000 credit if we would take care of finding

1:56.8

a roofer. I had never done anything like this before, nor had any of my friends. I looked in the

2:03.6

phone book and found a local roofer. When I called, he could sense that I was confused. So he

2:09.6

talked me through the process, asking about the size of the house, the slope of the roof,

2:14.6

the material we wanted to use, the condition of the existing shingles. He gave me a quote of $2,300.

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