Sometimes, when people see me knitting, they say: "Wow, that's really cool! Can you make me one? I can pay you for it!"
No, actually, you can't, unless you're rich or willing to save up a lot.
Take the sweater I'm currently making for instance. Now, I'm just going to say it will probably take me a month (which is actually pretty fast) or about 30 days to finish, working 4 hours a day on it. That's 120 hours.
Now lets say I got paid $10/hour. That's $1,200.
Then add the cost of the yarn. Each ball was about $8. (And that's pretty cheap for yarn.) I'm probably going to end up using about 6 balls. That's $48 dollars.
So, at a bare minimum, this would cost about $1,248.
So even paying me $600 for a sweater would be completely ripping me off. That's about half of what it's worth.
Very few people are willing to pay that much for clothes.
And then there's the fact that even making 10 sweaters a year (which is probably not possible) would only give me about 12,480. That's not even close to enough to live off of.
So, yeah. There's a reason I don't have a business around it. Few people could afford it, and all I'd get would be pocket change. After hours and hours of hard work.
As much as I love to knit, it's not worth it.
This is also why I don't usually knit gifts for people. Few people appreciate that what I've given them is probably worth far more than anything I could buy.
So, kids, the moral of this story is: do the freaking math.
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