While working on my article for Money Crashers about when to DIY as opposed to hiring a contractor, I stumbled across an interesting idea for saving money on home-repair tools: a tool library. This is basically what it sounds like: a library that lends out tools instead of books. I dug a little deeper and found that Money Crashers had never covered this topic before, so I decided it was time to remedy that oversight.
Tool lending libraries are a great example of ecofrugality. They save money, because you don't have to shell out for new tools for every home repair. They save resources, because a single circular saw or extension ladder can serve the needs of a dozen families, instead of every household having its own. And they provide a place to get together with other like-minded individuals and share knowledge, possibly forming the core of a new ecofrugal community. Read all about them here:
What Is a Tool-Lending Library - Benefits & How to Start Your Own