Determine what type of roof tank you are going to make. Write down the list of items you need for the project. The supplies include a large 55-gallon drum, spigot, gutter extensions, brackets, strainer, 10-gallon bucket, a saw and utility knife.
Note where you will get the items on your list. The most expensive part is usually the 55-gallon rain barrel used to collect the water. Look into reusing existing items or finding second-hand ones to keep down costs. Use a large barrel or drum that is clean inside. Avoid any containers that previously held toxic or synthetic substances.
Determine an estimate beside each item for how much you plan to spend on the parts that you don't already have. Total up the estimate and round it to the nearest $5 to provide extra room in your budget.