In the long run isn't it wise to hire a professional rather than DIY?

Depends upon your project and how much skill one may have. I can do many tasks around the house to save myself money - I installed my own water heater instead of paying $700 for a plumber - BUT I know how to do it properly and to my current building code. If it is something you do not know how to do YES call in the professionals. Common sense should tell you what to do.

It would certainly depend upon the project. For the more exacting jobs especially work requiring permits, a pro may be the best option. For example, I would never attempt to re-wire my electrical to bring up to code, or try to run plumbing for a new bathroom addition, however, replacing an existing faucet in the kitchen, or tiling a back splash, or even installing a new water heater on existing lines are things many people can DIY and save a considerable amount of money over hiring a professional. Find your strengths and give it a try, your wallet may thank you.

I agree with Naomie! Also depends on your budget. Majority of the professional's cost is labor. With so much DIY information available anyone is capable of doing things themselves. Hometalk, books, internet, Youtube videos, Home Depot has free workshops, TV programs, etc. When I was a remodeler, I charged $250 to install a replacement window that cost $150. Do it yourself and that $250 stays in your pocket. I actually got out of the business because of more and more people DIY.

Depends on the project and you budget.

I would probably say yes generally speaking but it depends on how handy you are and if the project is a big one or not. It's amazing what you can learn to do or fix by researching online these days. My husband was able to fix our dryer very easily when it broke by purchasing & replacing a simple part by doing research online & watching videos.

If you are on a limited income, sometimes DIY is the only way you get anything done. And a lot of seniors, like me, are on a VERY limited income.