According to Mark Roemer Oakland, whether you have a small or big budget for your home renovation plans, things can quickly spiral out of control if you aren’t too careful. That’s when most people take out loans and get themselves deeper into debt. Let’s check out how to renovate your home without getting a loan.
1. Plan extensively and stick to your budget – Most people associate the word budget with ‘cheap’. However, here the word budget is used to get to a figure that’s a certain fraction of your savings and income. It’s best to assess your income and savings and start with a solid dollar amount that you’re comfortable spending on the renovation. After that, you can make design choices, select materials, hunt for bargains, and figure out what works with your budget and what doesn’t.
Create a spreadsheet, and add everything you want …