10 March 2011
One of our goals for this year is to put the fence up, but based on the quotation given it will cost us a total of Php 292,999! Note that this does not include the cost of the carport roof or the electrician...
Maricel told me that we can do it in stages so it will not be too much of a financial burden. If that's the case, then we should start with the three-sided perimeter fence. But at Php 182,164, the odds are still dicey unless our neighbors chip in with the expenses (i.e. share the cost of the wall) as that would take off Php 30,000 from each side.
We already have a neighbor on the right (if you're looking at the front of the house) but I haven't seen them since we first met a few months ago. The house at the back has yet to be turned over to the owner so we haven't seen them at all. The one to the left is non-existent at the moment.
Thinking that we might save money if we bought the materials ourselves, I asked Maricel for the "labor only" quotation. But she explained that everything is discounted as they will be getting the materials from her cousin who has a quarry. They also won't be charging for the delivery fee since they'll just use their own truck.
This will require a lot of careful consideration especially since I will be quitting my job soon. But here are our options:
1. Push through with the fence without waiting for the neighbors, but there will be no funds left over for savings, furniture, etc. Gate and garage floor not yet included.
2. Wait for the neighbors and hope that the rates will not increase too much by 2012. In the meantime, just buy a bed and save the rest for next year.
3. Skip the fence and use the money to add to the retirement fund, baby fund, a few pieces of furniture and a trip to Hong Kong.
Hmmm... I think it's time to buy another lottery ticket.