The Great Recession has prompted millions of homeowners to become amateur plumbers, landscapers, electricians and even pool maintenance specialists. After the economic collapse of 2007 and 2008 essentially wiped out disposable incomes for millions of individuals, people began to ease back their excessive consumption habits and attempted to live within their means or downgrade their lifestyles.
This is especially ubiquitous among those homeowners who have a pool. Installing a pool in the first place is quite expensive – some estimates range between $25,000 and $50,000 – but maintaining a pool also comes with a hefty price tag. Monthly costs include maintenance, electricity, repairs or replacements, liability insurance and, if you live in the northeast, then the work of opening and closing the pool. In the end, this could diminish your wallet by hundreds of dollars each month. Read More