Thursday, February 21, 2013

What is it worth?

Lately in my circle of friends there has been much discussion about what knitting is worth.  Everyone has different opinions, and I am here to give you mine.

A little while ago, I knit hubby a pair of socks.  He has larger feet, so this was no small....feat (couldn't resist, sorry).  These socks are awesome.  Then, I decided that I would make him a double knit pair of socks (see this post for my dragon example, basically a reversible fabric).  Hubby and I sat down and decided to see how much it would cost to buy hand knit socks if you were to pay the knitter a good wage.  For a pair of plain "vanilla" socks, it takes me between 20-25 hours for a pair.  If I were to make a decent cash wage, commensurate with my skill (knitting) and experience (I have successfully knit more that 1 sock), of $15/hr, you are looking at $300-375 for a pair of basic socks.  But wait! You haven't bought the yarn yet!  Good sock yarn averages between $20-30 a skein.  You want good sock yarn as opposed to cheap stuff because you want these socks to last.  So, next time you think of asking a friend/acquaintance/coworker/family member to knit you something, think about the time involved.  Sure, I love knitting, and do it in my spare time for fun.  However, I get to use the thing I make, or I can give it to someone I love that I find knitworthy.  If I am doing a commission piece, think about the value of my time.

All this being said, I love a barter system, and both parties are usually able to come up with a mutually beneficial trade.

I think value of time is something that we often forget, especially women.  I have heard many ladies say over and over that they will do something for free.  Sure, sometimes friends and family need favours, and I am as willing as the next person to help out when needed.  Hand knit socks/shawls/hats are NOT favours though, they are a manifestation of my time, effort and love for a person.

Just something to keep in mind.