You really want to add a hot tub to your backyard. It’s relaxing, healthy and romantic. Have you considered the costs of hot tub ownership?
To buy a hot tub, you’ll pay anywhere from $1,500 for a two-person model to $15,000 for a luxury unit.
In addition to the hot tub cost, you’ll need to buy hot tub covers and pay installation fees.
- $500 to $15,000 for a deck, $1,000 to $3,000 for a concrete pad
- $75 to $2,000 for electrical and plumbing installation
- $15,000 to $20,000 for in-ground hot tub installation
Don’t forget the chemicals, filters and water. They’re a regular expense as you keep your hot tub healthy and safe.
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But you’re already paying household bills, funding retirement and saving for your child’s college education. Paying for a hot tub seems out of reach.
The Pros understand your dilemma, but we also understand the benefits of hot tub ownership. We recommend several tips that build your hot tub fund.
Downsize Your Expenses
Consider spending less on non-essential expenses. Maybe you borrow free movies from the library instead of frequenting the theater, carpool to work instead of driving yourself or eating at home instead of ordering out. Calculate the savings, and add the cash to your hot tub fund.
Barter for Services
When you need your hair cut, car repaired or toilet fixed, barter with service providers or talented friends. In exchange for the services you need, offer homemade meals, accounting assistance or babysitting.
Sell Household Goods
Clean out your cabinets, closets and toy bins. Sell everything you can’t use or no longer want at a consignment store or yard sale. Use the money to pay for your new hot tub.
Do It Yourself
From preparing the pad to landscaping around the hot tub, you can save money when you do it yourself. You could even move and install the hot tub by yourself for extra savings.
A hot tub helps you relax and reconnect with your loved ones. You can afford it as you save money. You’ll be glad you did.
Happy Tubbing!
Ethel Elliott
