I love Holmes on Homes.Â If you haven’t seen the show, you really should check it out.Â Originally produced for Canadian television, episodes now air on HGTV.Â The show stars general contractor and renovation specialist Mike Holmes and his crew of workers.
Holmes on Homes features families who have had unsatisfactory work done to their homes.Â Mike and his crew come in, assess the situation – and fix any problems.Â Along the way, Mike explains how each problem was caused, how each one could have been prevented, and what he’s doing to repair them.
When the Holmes on Homes crew is finished with a house – the job looks amazing.Â Seriously, it’s a great show and if you like home improvement shows in general, you’ll really dig Holmes on Homes.
Like Mike, I’m in the remodeling business.Â However, I’m not remodeling houses, I’m remodeling my finances.Â Here are my remodeling principles –
1.Â Start with an honest assessment of current situation.
2.Â Recognize that a temporary fix is just that – temporary.
3.Â Rip away the external and get to the heart of all problem areas.
4.Â Return to the basics and focus on a good foundation.
5.Â Do the hard work in the beginning – and continue with it until each task is completed.
6.Â Make sure each layer of subsequent work ties in to the work that came before it.
7.Â Stop making excuses and do the work.
8.Â The true cost of any decision cannot be measured simply in dollars, but must also take in to account time.
9.Â There is little value in appearance if it is only camouflaging structural damage.
10.Â A job, well done, truly is its own reward.
My favorite part of the show, strangely enough, is the very beginning.Â I like to hear Mike describe the cause of each and every problem.Â Knowing a little about carpentry myself, I am always fascinated by what Mike finds – and the detailed methods he uses to repair the mistakes.
Remolding my finances works in much the same way.Â I start with a current problem, need, or want.Â Then, I drill down, dissecting my budget, my income, and my current situation.Â Over time, a plan takes shape – and I can begin to implement the changes necessary to fix the problem, provide for the need, or satisfy the want.
I have no affiliation with Holmes on Homes – I just really dig the show.