Reply to When are you comfortable spending money on home improvements?

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Reply to "When are you comfortable spending money on home improvements?"

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[quote=Anonymous]Rationally,  I think we can finally move forward with home projects but, emotionally,  I can't wrap my head around spending the money. For context, I grew up poor. I recently sold my inherited childhood home and nothing was ever improved. Repaired, yes, but i don't think the house was ever even really painted.  I've owned homes previously but typically moved within 5 years.

We're in our "forever" home and there are some projects we want to do (think me hardwood floors,  bathroom remodeling, hardscaping) but the expected costs have paralyzed me.

I could use the proceeds from the home sale but paying in cash seems like so much of a hit to savings.  A cashout finance seems like a huge undertaking (and I don't want to reset my mortgage). I think a HELOC is the right move but then I think about the extra monthly payment that I'm not crazy about.

We're fine monetarily and my financial advisor even says it's okay to spend a little,  but damn it's hard envisioning this output of money.

Anyone else struggle with this? How do I move forward?
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