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Home Improvement, Design, and Decorating
Reply to "Can't pull trigger on kitchen remodel"
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[quote=Anonymous]We have been collecting estimates to remodel our kitchen for several months and DW is on board. But I am having some hesitation. First, neither of us likes our kitchen and it does not function as well as it could for our family. It is from the 1970s and somewhat beaten and there is a lot of room for additional storage, an island with seating, etc. that would make us enjoy it more. That said, there are two reasons why I am having trouble with this. First, I cannot get over the cost of $50K. We probably objectively can afford it. We have $150K in savings and would take the money from that. We also take home about $11K per month and are able to save about $2000K each month (outside of retirement and college savings). But I just feel bad spending one third of our savings on a kitchen, especially when we have two little ones and thinking about how long it took to save that money. I haven't spent that much money since we wrote the down payment check for our house. Second, I am not certain this is our forever home. We will definitely stay for another 5-7 years, but once our youngest hits middle school, there's a good chance we may move. On the one hand, I might feel a little deprived living with this nasty kitchen for several more years; on the other hand, is it a smart move?[/quote]
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