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Articles that will post on Insource Life site will explore real-life ideas for living simply, optimizing, do-it-yourself projects, taking ownership, and living life on your own terms.
You will discover how insourcing not only can be fun but also a key enabling skill allowing anyone to lead a fulfilling life of self-reliance and financial independence and, ultimately happiness.
What is Insource Life?
It’s a play on how everyone outsources everything (home and yard maintenance, financial planning, taxes, car repair, buying fruits and vegetables instead of growing at least some, etc, etc). Outsourcing is paying someone to do things for you. Insourcing is doing those things yourself. Outsourcing is consuming and spending. Insourcing is producing and saving.
Most people in today’s Western countries, especially in the United States, think that being able to outsource as much of their “trivial” daily tasks as possible to someone else is a sign that they have arrived financially. They work hard and don’t have time to be bothered when something needs their attention. Help is available 24×7 only a phone call and a credit card swipe away in a never-ending chase for convenience.
Wikipedia defines insourcing as “the cessation by a company of contracting a business function and the commencement of performing it internally. Insourcing is the opposite of outsourcing. Insourcing is a business decision that is often made to maintain control of critical production or competencies. Insourcing is widely used in production to reduce costs of taxes, labor, and transportation“.
While the definition obviously focuses on businesses, the same applies to individuals. Replace a few words and the definition still makes sense when applied to people instead of businesses.
However, defining insourcing in this way is a bit limited in scope since it focuses on cost savings alone without highlighting the opportunities for learning, confidence building, and personal growth that doing things yourself entails.
Not everything should be insourced by everyone, but learning to do some things yourself can lead to something bigger than just a few dollars saved. Learning how to do HVAC system maintenance yourself instead of calling a contractor will save you thousands of dollars in service fees over the typical homeowners’ life in a house, and it might also give you confidence in tackling other projects that are typically outsourced.
Soon it will become a snowball of growing skills, confidence, and savings that will leave an imprint on all other areas of your life.