scorecard
  1. Home
  2. personal finance
  3. Paying someone else to do my laundry was one of the smartest things I've ever done

Paying someone else to do my laundry was one of the smartest things I've ever done

Jacqui Kenyon   

laundry before

Jacqui Kenyon

Before: My 14-pound bag of clothing.

When I first moved to New York City in 2012, the tasks I like to refer to as "life admin" - grocery shopping, doing laundry, and other errands - got a bit more complicated.

For instance, you can't exactly buy a 5-pound bag of potatoes without advance planning when you live a 10-minute, uphill walk from your local grocery store.

But one thing I just couldn't understand was why so many New Yorkers used "wash-and-fold" laundry services, where you drop off a bag of your dirty clothes and pick them up the next day, neatly folded.

I'd been doing my own laundry for as long as I could remember, and this service just seemed like the pinnacle of laziness to me.

So for the first year I was here, I dutifully lugged my laundry down and up five flights of stairs to my building's basement, hoping to find a machine that was a) functional and b) not filled with someone else's clothing.

As time passed, my friends and I switched jobs, got promoted, and found ourselves with a little more disposable income. They all embraced wash-and-fold, and I begrudgingly decided to give it a try.

I haven't looked back.

Why it's worth it

It's not egregiously expensive. In fact, I was surprised by just how cheap it ended up being.

The laundromats I've frequented charge between 65 and 80 cents per pound of laundry. I recently dropped off a rather large bag that weighed 14 pounds, which came to $11.20.

It's not like doing laundry myself is free, so I decided to crunch some numbers. To wash this amount of laundry all at once in a large machine would cost $4.00 for a wash cycle. To dry the clothes, it would cost at least an additional $1.25. That's $5.25 total - $5.95 less than I'd pay to have someone else do it.

laundry after

Jacqui Kenyon

After: Totally worth it.

The real value in this situation comes from time saved. If I did laundry myself, I would have to carve out another chunk of my precious free time for life admin.

  • 5 minutes to walk to the laundromat (I have to do this to drop off laundry too, but I can do it on my way to do something else when I'm dropping off, since it's on my way to the subway)
  • 30 minutes for a wash cycle
  • 40 minutes (at best) for a dry cycle
  • 5 minutes walking back home
  • 10 minutes of folding (more if there are a lot of socks that need matching)

Conservatively, that's an hour and a half of time that I could be doing something fun or otherwise productive. And the $5.95 in savings from doing my laundry myself is just not worth it. My free time is definitely worth more than $3.97 per hour.

Read about the best money successful people ever spent in Business Insider's Success Series.

NOW WATCH: This simple exercise will work out every muscle in your body

READ MORE ARTICLES ON


Advertisement

Advertisement