Reply to How to convince spouse home renovations make financial sense

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Personally I'd rather send the bank 200k and be rid of the mortgage forever than have a cosmetic updates and a huge HELOC.[/quote]
There is no way I personally would take out a $200k HELOC at 2023 interest rates because of junky cabinets and a junky couch. I DIY’d gel finish on my cabinets and got the flooring and counters replaced, got a new vanity for my en suite bathroom a year later, got new bathroom floors the year after that… but a HELOC-funded reno? Not in this lifetime.

OP if you have an extra $1k/mo for this, spend it every 6 months on the most crucial projects. $6k at a time. [/quote]

This is the way. Especially if you have four college tuitions to pay.

Do I keep my junky old dinette set with my new renovations? Yes, I do. And I am a woman, and I have a budget I have set by myself because my dh doesn't care. [/quote]

We will have 3 college tuitions to pay (oldest will finish college soon, then we will have two more down the road…and we have money set aside to cover most of it already). [/quote]

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