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Reply to "Help me explain this to my husband"
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[quote=Anonymous][quote=Anonymous]I'm with your husband, unless the renovations are for health and safety. If it's "I want a new kitchen" then I'd increase family income (pick up a part time job, sell belongings we have but don't need), increase savings and specifically earmark those savings for the house fund (cut back on dinners out, jog in the neighborhood and cut the gym membership), or simply wait until our normal saving pattern allowed us to afford it. I would rather wait 5 years or even 10 years to get my new kitchen than put my house at risk in case of job loss.[/quote] So you don't have a mortgage?[/quote]
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