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Reply to "How did you finance your kitchen renovation?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]"don't keep that amount in the bank." That makes it sound like you have other assets. If you do, just sell some. (We had been saving up for a while so had some of it in cash, then just sold stocks for the rest.)[/quote] OP here. Yes, that's right. We have a automatic outflows to investment accounts (in addition to retirement, college, etc.) and try to keep our savings within a healthy but smaller amount since we're still pretty young. We don't have any debt except for our monthly mortgage so debating whether going the debt route (HELOC, most likely) vs. selling some of our stocks is the best way to go[/quote] we did HELOC but paid it off extremely aggressively[/quote]
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