If you have people buy you your equipment as gifts then it goes a long way towards helping you break even. My wife bought me my keggle and immersion chiller and these are two of my more expensive items.
You choose to value your time not spent working at $0. That doesn't means it still doesn't have value. Time has inherent value because its finite (as pointed out previously). You ignore time's inherent value under certain circumstances....and that's OK, I do the same thing.
My original point was to those who said they were actually coming out ahead by brewing their own, but were not taking into account their labor. My point was if you are going to count, than count right. Otherwise, do what the rest of us do and blindly ignore the fact there no way you are saving yourself money doing this, other than severely undervaluing your time in which to do it.
That's all I'm saying.
You choose to value your time not spent working at $0. That doesn't means it still doesn't have value. Time has inherent value because its finite (as pointed out previously). You ignore time's inherent value under certain circumstances....and that's OK, I do the same thing.
My original point was to those who said they were actually coming out ahead by brewing their own, but were not taking into account their labor. My point was if you are going to count, than count right. Otherwise, do what the rest of us do and blindly ignore the fact there no way you are saving yourself money doing this, other than severely undervaluing your time in which to do it.
That's all I'm saying.
koopa said:If I estimate the value of my homebrew at a meager retail value of $50 per 24x12oz bottles (it's worth every penny), it will take me about 20 months to pay off my entire investment (all equipment and ingredients) as I'm only 16 months in and I'm 87.5% of the way paid off. Of course this doesn't include any cost estimate for labor...I donate my time and energy to this hobby out of love and passion.
That comes out to 12.50 per six pack, that doesn't seem meager to me, that would be some pricey beer.
If you're satisfied with what you have you need to find a new hobby!
I take issue with the "count right". If I weren't brewing, I might be playing golf for entertainment. In that case, you would count brewing as a savings since it is much cheaper than golf on a per session cost unless you own your own golf course. Instead of paying $40 greens fees, I'm saving that $40 and entertaining myself.
By the same token, everytime I cook, instead of going to the restaurant or buying ready made at the grocery store, it's costing me more money because of the "value" I give to my time. As a (in the very near future) civil law notary, the hourly is around 40$ an hour.
A tub of spaghetti sauce for 4 at the grocery store is around 10$. My recipe, when done in huge batches that take 8 hours to prepapre, makes around 10 meals for 4 and costs around 50$ to make in ingredients. If I use your "count right" method, the grocery store stuff is 100$ and mine is almost 400$ for the same volume.
See why it doesn't make any sense ? I get the feeling you want to rationalize your spending by labelling it as a hobby (ie. a money pit). It's fine, nothing wrong with that. But some of us (me included) are in this to save money, or at least break even. And at 1$/beer for swill, it's not as impossible as you want to make it.
I have NO IDEA how you guys come to the conclusion that you're "breaking even" with this hobby. Yes, it's a hobby and I don't track the costs to be anal, I'm just curious. But I'm a Cost Analyst, so such is life.
I had a point-for-point answer to your reply but decided to take a different tack, so I hope you entertain me:
If you are truly breaking even with homebrewing, is it true that you would also breaking even at the commercial level? Why or why not?
Assume you already have a brewery up and operating and would not have to pay any start-up costs.
BIAB is the huge difference for me. Propane burner kits are under $100 with an aluminum pot. Throw in a $5 mesh bag and you are ready to brew. You can spend another $100 for ball valve, sight glass, thermometer, but that is an unnecessary expense.
I'm at least $1000+ up (without labor factor) over my past year of brewing. Now if I went three-tier with Boilmakers, now I'm at the very least $1000 in the hole.
So far, I'm 55 batches in, I haven't bought craft beer in quite a long time, and I'm down to $10.14 per sixer. Am I saving money? Absolutely not. Am I having a blast? You betcha.
I have NO IDEA how you guys come to the conclusion that you're "breaking even" with this hobby. Yes, it's a hobby and I don't track the costs to be anal, I'm just curious. But I'm a Cost Analyst, so such is life.
I have a spreadsheet that I track every equipment purchase, sorted by type (Brewing/Kegging/Bottling/Fermenting), the ingredient cost and my bulk purchases.
So far, I'm 55 batches in, I haven't bought craft beer in quite a long time, and I'm down to $10.14 per sixer. Am I saving money? Absolutely not. Am I having a blast? You betcha.
Depending on what you brew, if you were in Quebec, there's a very big chance you would be breaking even. A sixer of Unibroue is usually 12$. On rebate.