20100724

We Save $3700 a Year Making Wine


DIY Wine Saves Big ($3700 a year)
Originally uploaded by mikeysklar

Last week I ran the numbers and determined we were saving $500 a year by roasting our own coffee. This sounds pretty good, but check out how much we save by purchasing wine kits instead of store bought wine.

We purchase 7 wine kits a year which produce about 210 bottles of wine. The average bottle of wine from the kit costs $2.30 and tastes as good as if not better than a store bought $20 bottle of wine.

We spend $500 a year producing our own wine from kits. If we were to buy the equivalent quality wine in bottles it would cost us $4,200 a year. That is a saving of $3,700 per year!

Even when I account for the time it takes to clean bottles and ferment each batch (35 hours a year) we are still paying ourselves $105 an hour.

If you are interested in a kit to get started with we have had good experiences with Vintners Reserve.

5 comments:

Joanne said...

I've considered wine making. Where did you get your bottles? Is there a good book you could recommend for starting out?

Mikey Sklar said...

the kit instructions will be the best guide for walking you through the process.

We get our bottles from a local restaurant, but friends can be a good source. I prefer the restaurant since the bottles are fresh, easy to clean, and there is a large selection.

Heather said...

Well, what I found was that because it was cheaper I was drinking more wine than I would have if I had to buy it. you're only saving that much if you would actually be drinking that much anyway. But it is a good thing, regardless of $$ savings!

Wendy Jehanara Tremayne said...

We do drink a bit more wine because it's there. And since our wine has a lower alcohol content we drink more at a time. But where I really see the increase in consumption is that we give more away. Everywhere I go I bring a bottle, maybe two. It's made us more generous with wine and that feels right.

Starsquid said...

Indeed, wine is for sharing.